South Carolina Commercial-Property Assessed Clean Energy Act Section 6-39-10. This chapter may be cited as the Carolina ‘South Commercial Property Assessed Clean Energy Act’. Section 6-39-20. (A) For the purposes of this chapter: (1) a charge against real property ‘Assessment’ means belonging to an owner within a district created pursuant to this chapter. An assessment must be made only upon qualifying real property located within a district and when the owner has executed a written agreement with the governing body agreeing to the assessment. An assessment imposed in this chapter remains valid and enforceable even if there is a later sale or transfer of property, or a part of it. The rates of assessment within a district need not be uniform. (2) means Commercial Property Assessed Clean ‘C-PACE’ Energy. (3) energy means a water efficiency ‘Clean improvement’ measure; energy efficiency measure; or fixture, product, device, or interacting group of fixtures, products, or devices on the customer’s side of the meter that use one or more clean energy resources or renewable energy resources to generate electricity or create heat or cooling. Clean energy improvements must be permanently fixed to the property and cannot be removed from the property in the event of a change of ownership. (4) energy means a source of energy that ‘Clean resource’ includes, but is not limited to, natural gas, fuel cells, hydrogen storage, battery storage, thermal storage, load control switches, production and conversion technologies, alternative vehicle fueling equipment and charging stations, hydropower, and alternative fuels. (5) means a clean energy financing district formed ‘District’ pursuant to this chapter by a governing body and that lies within the governing boundaries. A district may be body’s jurisdictional comprised of noncontiguous parcels of land. A governing body may create more than one district under this program, and districts may be separate, overlapping, or coterminous. (6) efficiency means equipment, devices, ‘Energy measure’ or materials intended to decrease energy consumption, including, but not limited to, upgrades to a building envelope such as insulation and glazing; improvements in heating, ventilating, and cooling
South Carolina Commercial-Property Assessed Clean Energy Act Section 6-39-10. This chapter may be cited as the ‘South Carolina Commercial Property Assessed Clean Energy Act’. Section 6-39-20. (A) For the purposes of this chapter: (1) ‘Assessment’ means a charge against real property belonging to an owner within a district created pursuant to this chapter. An assessment must be made only upon qualifying real property located within a district and when the owner has executed a written agreement with the governing body agreeing to the assessment. An assessment imposed in this chapter remains valid and enforceable even if there is a later sale or transfer of property, or a part of it. The rates of assessment within a district need not be uniform. (2) ‘C-PACE’ means Commercial Property Assessed Clean Energy. (3) ‘Clean energy improvement’ means a water efficiency measure; energy efficiency measure; or fixture, product, device, or interacting group of fixtures, products, or devices on the customer’s side of the meter that use one or more clean energy resources or renewable energy resources to generate electricity or create heat or cooling. Clean energy improvements must be permanently fixed to the property and cannot be removed from the property in the event of a change of ownership. (4) ‘Clean energy resource’ means a source of energy that includes, but is not limited to, natural gas, fuel cells, hydrogen storage, battery storage, thermal storage, load control switches, production and conversion technologies, alternative vehicle fueling equipment and charging stations, hydropower, and alternative fuels. (5) ‘District’ means a clean energy financing district formed pursuant to this chapter by a governing body and that lies within the governing body’s jurisdictional boundaries. A district may be comprised of noncontiguous parcels of land. A governing body may create more than one district under this program, and districts may be separate, overlapping, or coterminous. (6) ‘Energy efficiency measure’ means equipment, devices, or materials intended to decrease energy consumption, including, but not limited to, upgrades to a building envelope such as insulation and glazing; improvements in heating, ventilating, and cooling
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