We have a modest agenda for 2013. We know the time is right to move forward on a job creation and economic development plan to build the solar industry in South Carolina.
Our goals include:
$8m annual revenue cap with remainder rolling over each year until eliminated in 2017
•$1 million cap for commercial, cap per year, per company.
•Residential 35% Solar tax credit 2013-2017. Credit sunsets in 2018
Commercial 35% for 2013
30% for 2014
25% for 2015
20% for 2016 credit sunsets in 2017.
• Credit is taken in 3 installments for commercial and one time for residential.
15% credit allocation per year of PV set aside for installs of 50kw or less.
35% credit allocation per year of PV set aside for installs of 500kw or less.
50% credit allocation per year of PV set aside for installs of 500kw or more and less than 2MW AC.
Our goals also include:
•85% business property abatement on commercial installs
•True net-metering state-wide,
Palmetto Clean Energy financing. Expanding the PaCE program to the whole state of SC.
Instead of a production credit, low interest loans to homes and businesses that qualify. $3000 application fee per year, paid to PaCE to be an eligible program installer.
400MW solar carve out for CES by 2023. Less than 2% of capacity