We have an aggressive agenda for 2012. We believe the time is right to move forward on a job creation and economic development plan to build the solar industry in South Carolina.
Hear a radio interview about why now is the time for solar: click image below:-
We will partner with Pro-business leaders throughout the state to insure that South Carolina remains competitive with the region and nation to attract quality, high paying jobs to the state.
Our goals include:
H.3346
•$2.5million cap for commercial, cap per year per company.
•Residential 35% Solar tax credit.
• Credit is taken in 5 installments:- 20%, 20%, 20%, 20% and 20%.
Our goals also include:
•85% business property abatement on commercial installs
•The ability to sell tax credits among a pool of investors
•13c utility power purchase program for Commercial PV State-wide
•True net-metering state-wide,
CES for SC should include:
200MW of Solar Photovoltaic (PV)and Solar Thermal by 2022.
(This represents less than 1% of the 23,000MW’s of capacity listed in 2008 ORS report.)
(20MW per year)
2MW per year of PV set aside for installs of 10kw or less.
2MW per year set aside for systems of 250kw or less.
2MW or 3,414,000Btu of solar thermal per year, if the appetite for thermal does not meet set aside balance carried to PV.
Creation of a REC market for utilities, 85% of REC's must be purchased competitively within SC.
PaCE
Palmetto Clean Energy financing. Expanding the PaCE program to the whole state of SC.
Facilitate a program of solar-leasing similar to Property Assessed Clean Energy programs based on energy recouped savings. This could also be a municipal effort of financing thru water bills to home owners utilizing private capital programs and bond offerings.
Allow for Municipalities to finance PV installs at up to 5.25% interest rate for 20yr period.
A true discussion of tiered rates for SC.
Cost recovery for utilities capped at :-
5c per month residential rate payers
$5 per month commercial rate payers
$50 per month industrial rate payers
200MW solar carve out for CES by 2022. Less than 1% of capacity