South Dakota

Renewable Energy Facility Sales and Use Tax Reimbursement

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

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Renewable Energy Facilities Real Property Tax

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

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