Ethanol Production Incentive (South Dakota)

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Summary

Last modified on February 12, 2015.

Financial Incentive Program

Place South Dakota

Name Ethanol Production Incentive
Incentive Type Performance-Based Incentive
Applicable Sector Commercial, Industrial
Eligible Technologies Ethanol
Active Incentive No

Implementing Sector State/Territory
Energy Category Renewable Energy Incentive Programs
Amount 0.20/gallon







Start Date 2/28/02 and 7/1/02
Expiration Date 2006-12-31






Maximum Incentive 1,000,000 annually; 10,000,000











Website http://www.state.sd.us/Revenue/MotorVehicle/motorfuelmanual.htm#Ethanol_Producers
Date added to DSIRE 2003-01-03
Last DSIRE Review 2004-06-08



References DSIRE[1]


Summary

Licensed ethanol producers may receive a production incentive payment (based on available funding) of 20 cents per gallon for ethyl alcohol that is fully distilled and produced in South Dakota. To be eligible for this payment, the ethyl alcohol must be 99 percent pure, derived from cereal grains, and denatured and subsequently blended with gasoline. Also, the facility must have produced qualifying ethyl alcohol on or before December 31, 2006.

Annual production incentive payments for any facility may not exceed $1 million. No facility may receive any production incentive payments in an amount greater than $10 million dollars. Cumulative annual production incentive payments may not exceed $4 million for fiscal year 2003, $5 million for fiscal year 2004, $6 million for fiscal year 2005, and $7 million thereafter. No facility may receive payments for more than 416, 667 gallons per month.


Authorities (Please contact the if there are any file problems.)

Authority 1: § 10-47B-162
Date Effective 2/28/02 and 7/1/02

Expiration Date 2006-12-31

















Incentive Contact

Contact Name Public Information - Department of Revenue
Department Department of Revenue
Division Motor Fuel and Prorate Division
Address 445 East Capitol Avenue

Place Pierre, South Dakota
Zip/Postal Code 57501-3100
Phone (605) 773-3311
Phone 2 (800) 829-9188

Email motorv@state.sd.us
Website http://www.state.sd.us/revenue/revenue.html
     
     

  • Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.[1]

References

  1. 1.0 1.1  "Database of State Incentives for Renewables and Efficiency (DSIRE)"