Energy Rebates and Tax Credits in Watertown, SD
MidAmerican Energy (Electric)
Rebates for heating and cooling systems, energy audits and insulation.
Otter Tail Power Company
Rebates for geothermal and air source heat pumps, furnaces, boilers, and electric water heaters.
Otter Tail Power Company
Loans for refrigerators, water heaters, furnaces, air conditioners, geothermal heat pumps, lighting, and duct/air sealing for $150-$20,000 at an 8.5% rate.
South Dakota
Property tax exemption for renewable energy systems.
US Government
Rebates and incentives from utilities for efficiency are not taxable.
US Government
Federal tax credit of 30% of cost for solar panels, wind energy, solar water heaters, geothermal heat pumps and fuel cells.
US Government
Federal tax credit of 10% up to $500 of cost for energy efficiency upgrades like heat pumps, furnaces, air conditioners, insulation, water heaters, windows, doors and roofs.
US Government
Loans from FHA, VA and other lenders for energy efficiency upgrades and renewable energy upgrades like solar panels and passive solar space heaters.
US Government
Grants for energy generation, transmission and distribution facitlities in rural communities.
