The list below contains summaries of all South Carolina incentives and laws related to HEVs / PHEVs.
For taxation purposes, the taxable fair market value of manufacturing machinery and equipment purchased for use at a renewable energy manufacturing facility may be reduced by 20% of the original cost. Qualified renewable energy manufacturing facilities include those manufacturing batteries for hybrid electric, fuel cell, or other motor vehicles certified by the South Carolina Energy Office. Qualified facilities must invest at least $100 million in the project and create at least 200 new full-time jobs with an average compensation level of 150% of the annual per capita income in South Carolina or the county where the facility is located, whichever is less. Qualified facilities may also claim job development tax credits for employee relocation expenses through July 1, 2014. Additional restrictions apply. (Reference South Carolina Code of Laws 12-6-3377, 12-10-30, 12-10-80, 12-15-20, 12-15-30, 12-37-930)
South Carolina residents that claim the federal fuel cell vehicle tax credit are eligible for a state income tax credit equal to 20% of the federal credit. If the amount of the state credit exceeds the taxpayer's liability for the applicable tax year, any unused portion of the credit may be carried forward and claimed for up to five additional years. (Reference South Carolina Code of Laws 12-6-3377)
Duke Energy's Duke Energy Charge|Carolina pilot program provides qualified residential customers with Level 2 EVSE and up to $1,000 for EVSE installation. Duke Energy will service the equipment and remotely access the EVSE to collect information in an effort to better understand charging habits and the impact on the power grid. At the end of the two-year pilot, participants will be able to keep the EVSE for a fee of $250 per unit.
State agencies purchasing motor vehicles must give preference to hybrid, plug-in hybrid electric, biodiesel, hydrogen, fuel cell, or flexible fuel vehicles when the performance, quality, and anticipated lifecycle costs are comparable to other available motor vehicles. (Reference South Carolina Code of Laws 1-11-310)