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South Dakota Renewable Energy Property Tax Exemption
South Dakota — state programthe first $50,000 or 70% of the assessed value of the renewable energy property, whichever is greaterDeadline: rolling
South Dakota state law (SDCL 10-4-44) provides a local property tax exemption for renewable energy systems less than 5 megawatts in size, including wind, solar, biomass, hydrogen, hydroelectric, and geothermal systems used to produce electricity or energy. For geothermal systems that produce energy only (no electricity), the exemption is time-limited.
Program details
- Type
- other
- Amount
- the first $50,000 or 70% of the assessed value of the renewable energy property, whichever is greater
- Deadline
- rolling
- Eligibility
- Renewable energy systems less than 5 megawatts in size (wind, solar, biomass, hydrogen, hydroelectric, geothermal). For geothermal systems producing energy only (no electricity): limited to first four continuous years for residential facilities and first three continuous years for commercial facilities.
- Status
- open
- Administrator
- South Dakota Department of Revenue
Source: South Dakota — state program. Confirm current terms with the administering agency before applying.