South Dakota's solar energy industry has plenty of room to grow. An abundant amount of sunlight and several beneficial solar incentives are already improving the state's solar power industry. This article will help you decide if solar power is right for you.
Grid Connected Solar Power Systems In South Dakota (2012)
- Systems: N/A
- Non-Residential Solar Power Systems: N/A
- Utility: N/A
- Total: N/A
- Cumulative: N/A
South Dakota is below average when it comes to solar energy production. Outside of Alaska, South Dakota is the only other state without enough installed systems to be documented. However, the state's Renewable Portfolio Standard (RPS) mandates that 10% of South Dakota's energy come from renewable resources by 2015. If this objective is fulfilled, the number of solar power systems will increase.
Cost of Electricity in South Dakota
- Electricity Price: $0.10 per kwh
- Average Electricity Bill: $159.00
- Average Bill after Solar: $68.00
Homeowners in South Dakota can save a great deal by switching to solar power. A solar energy user in the state will cut $91 from their energy bill. A solar power system in South Dakota takes about 13.2 years to pay for itself.
The average solar radiation in South Dakota is between 3 and 4 Kilowatt per day over an area of 1 square meter (10.76 square foot). This is the same total shared by nearby states Missouri and Arkansas and represents abundant sunlight. With an annual average of 211 sunny days, South Dakota solar energy systems will receive plenty of sunshine.
State Solar Incentives and Rebate Programs
- State Solar Tax Credit: None
- State Solar Rebate: None
- Property Tax Exemption: $50,000 or 70% of the assessed value of eligible property, whichever is greater
- Sales Tax Exemption: None
South Dakota could benefit from additional solar incentives. However, the state has one of the greatest property tax exemption incentives for solar systems, with possible savings of $50,000. In addition, the Federal Tax Credit also applies.
Solar Installers in South Dakota
There is currently no particular legislation when it comes to solar power equipment in South Dakota. However, all solar power systems must comply with the safety and equipment standards of the Underwriters Laboratories, Institute of Electrical and Electronic Engineers, and the National Electric Code. Make sure your solar energy system is approved by the Californian Energy Commissions, or call 916-654-4287.
Summary: Good Future for Solar Power
While South Dakota would benefit from additional solar incentives, the state is on the right track. With a fantastic property tax exemption and RPS goals in place, the state's solar energy industry has a bright future. Try our Solar Calculator to calculate your costs and savings, or contact solar installers in your area.
Solar Energy Fact Sheet: South Dakota, © SolarContact.com