Tax-Credits & Incentives
States - South Dakota
| Yes, South Dakota offers a property tax exemption for renewable energy systems, including wood and pellet-fired furnaces (not stoves). This exemption covers 100% of installed cost, with the full system value subtracted from property taxes for the first three years, then 75% 50% and 25% in the following three years, respectively. This incentive is adjusted to allow for the federal income tax credit in determining the installed cost of the system. |  |
Incentive specifics available here:
http://www.dsireusa.org/incentives/incentive.cfm?Incentive_Code=SD51F&re=1&ee=1