Section 44-18-30 of the Rhode Island General Laws describes properties exempt from sales and use taxes. Clause 57 describes that exempt products include renewable energy products, such as solar thermal collectors, geothermal heat pumps, and others.
South Carolina provides a property tax exemption for renewable energy systems with a rated capacity below 20 kW-AC. South Carolina includes solar thermal, geothermal, green hydrogen, and biomass in the definition of “renewable energy resource.”
Section 12-6-3588 of the South Carolina Income Tax Act provides tax incentives to companies in the solar, wind, geothermal, and “other clean energy industries” that consider siting business operations in the state. Total yearly credits may not exceed $500,000, and may continue for up to
The South Carolina Office of Regulatory Staff Energy Office received funding from the U.S. Department of Energy to support “high-impact demonstration projects,” including renewable energy projects. The Energy Office uses these funds to disburse mini-grants capped at $10,000. Eligible applicants include state agencies, local governments,
Under the Reinvestment Payment Program, new projects with costs exceeding $20,000,000 or with equipment upgrades greater than $2,000,000 can apply for a reinvestment payment no later than 90 days after starting construction. If the Board of Economic Development approves an application, a project owner will
South Dakota offers a property tax incentive for electricity-producing renewable energy facilities with less than 5 MW of nameplate capacity. The incentive may not exceed either $50,000 or 70% of the assessed value of the property, whichever is greater. The tax exempts commercial geothermal facilities
The State of Tennessee allows local governments to establish a Commercial Property Assessed Clean Energy and Resiliency (C-PACER) Program, under which a local government can allow a commercial property in a designated C-PACER district to use a voluntary special assessment to repay the financing of
This grant program, administered by the State Commission on Environmental Quality, seeks to support the deployment of new technologies that reduce emissions from facilities and other stationary sources in Texas. Projects allowed under the grant include advanced clean energy projects, projects reducing emissions of regulated
The program offers low-interest loans to help repay costs over time associated with utility cost reduction measures (UCRMs) such as rooftop solar water, geothermal equipment, and thermal storage. This program resembles energy savings performance contracts but may be used by “facilities supported by the state”
The Alternative and Clean Energy Program provides grants, loan guarantees, and loan funds for the construction of alternative and clean energy projects in the state. Private investment must match $1 for every $1 of program funds awarded. Eligible applicants include businesses, economic development organizations, and
Stay Informed with the Monthly RTC Newsletter: Get updates on Member & Solutions Provider news, stay current with events, reports, publications, & working group activities.
The Renewable Thermal Collaborative (RTC) is the global coalition for companies, institutions, and governments committed to scaling up renewable heating and cooling at their facilities, dramatically cutting carbon emissions.
