Incentive Type | Corporate Tax Credit |
---|---|
Eligible Technologies | Solar Water Heat, Solar Space Heat, Photovoltaics, Solar Cooling, Daylighting, Small Hydroelectric |
Applicable Sectors | Commercial, Residential |
Incentive Amount | 25% of eligible costs |
Maximum Incentive | In any given tax year, $3,500, or 50% of taxpayer’s tax liability for that taxable year, whichever is less |
Eligible System Size(s) | None Listed |
Equipment Standards | Solar-thermal systems must be certified by SRCC or a comparable entity endorsed by the S.C. Energy Office |
Carryover Provisions | Excess credit may be carried forward up to 10 years |
Start Date | 1/1/2006 |
More Information Contact:
Taxpayer Assistance
South Carolina Department of Revenue
301 Gervais Street
P.O. Box 125
Columbia, SC 29214
Phone: (803) 898-5709
Web Site: http://www.sctax.org
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