Combined Heat and Power Partnership
Biomass Energy Production Incentive
| Date Last Updated | 11/16/2012 |
| Incentive Type | Production Incentive |
| State/Federal | SC |
| Incentive Administrator/Contact Office | South Carolina Department of Revenue |
| Incentive Initiation Date | 5/29/2008 |
| Incentive Expiration Date | 7/1/2013 |
| Incentive Size and Funding Source | Eligible systems earn $0.01 per kilowatt-hour (kWh) for electricity generated and $0.30 per therm (100,000 Btu) for energy produced from biomass resources. The maximum incentive is $100,000 per year per taxpayer for 5 years. Incentives will be paid beginning on the date the system was placed in service. All claims will be paid from the state's general fund, and total claims may not exceed $2.1 million per fiscal year. The incentive payment for the production of electricity or thermal energy may not be claimed for both electricity and energy produced from the same biomass resource. |
| Eligible Recipient | These incentives are available to certain biomass-energy facilities and systems that did not produce energy from biomass resources before June 30, 2008, or systems that increase production by at least 25% over their greatest 3-year average before June 30, 2008. The incentive payment is also applicable to energy from a qualifying facility placed in service and first producing energy on or after July 1, 2008. |
| Eligible Fuel | Woody Biomass; Biogas; Landfill Gas |
| Eligible Project Size (MW) | Does Not Specify |
| Minimum Efficiency Required (%) | Does Not Specify |
| Application Form(s) | Application Form (PDF) (2 pp, 43.4K) |
| Other Incentive Details | The incentive payment extends for 5 years, and ends on July 1, 2013, or 5 years from the date the facility was placed in service and first produced energy. In no case shall the incentive payment apply after June 30, 2018. |
| Resource Website(s) |
