House Sponsors: Reps. Pinson, Loftis, Barfield, Bowers, Spires, Parker and Parks
H.3777 Status: Failed to pass in 2012.
Description: This bill provides a tax credit of 25% to any taxpayer installing a geothermal heat pump system.
- Helps homeowners invest in SC’s abundant renewable energy resources while reducing dependence on imported fuels;
- Requires a capital investment be made in SC’s economy before a partial credit is granted.