|
South Dakota Renewable Energy Systems Exemption |
The following types of applicants are eligible to apply
for the property tax exemption program:
- Commercial
- Industrial
- Agricultural
- Residential
The following table shows the requirements in order to be eligible
for the tax exemption: |
| Requirements for Eligibility |
The tax exemption will apply to the purchase of any of
the following systems:
- Passive Solar Space Heat
- Solar Water Heat
- Solar Space Heat
- Solar Thermal Process Heat
- Photovoltaics (PV)
- Landfill Gas
- Biomass
- Wind
- Geothermal Electric
- Geothermal Heat Pumps
- Ethanol
The tax exemption levels are mapped out below: |
| Residential: |
100% Tax Exemption |
| Commercial: |
50% Tax Exemption |
|
* Full exemption for three years, then there is a decrease in percentage
for the following three years. For more information on the
South Dakota State Renewable Energy Systems Exemption program,
please visit
this page. |
Otter Tail Power Company
Residential
Energy Efficiency Rebate Program |
Residential applicants may be eligible to receive a
rebate on the purchase of qualifying energy efficiency technologies,
shown below:
- Water Heaters
- Furnaces
- Boilers
- Heat Pumps
- Energy Management Systems
- Thermal Storage Technology
The rebate amounts are listed below: |
| Residential Demand Control: |
$300/unit |
| Water Heaters: |
$200/unit |
| Air Source Heat Pump: |
$12 per 1000 Heating BTU |
| Thermal Storage Units: |
$20/kW (kilowatt) |
| Geothermal Heat Pump: |
$18 per 1000 Heating BTU |
