Solar is making huge gains in the state and is poised to help millions of residents enjoy cheaper, cleaner, more sustainable energy. Many homeowners choose to go solar for the environment, savings, or to have predictable bills. Whatever your reason, going solar is worth it!
The South Carolina state credit is equal to 25% of solar installation cost, up to $3,500 per year or $35,000 total. Santee Cooper offers their customers a varying rebate according to system size. Many utility companies in South Carolina also offer net metering, which allows residential solar homeowners to be paid back for excess power that their systems produce and deliver to the larger power grid. All major investor-owned utilities are currently offering net metering to eligible customers.
South Carolina homeowners are also eligible for the Solar Investment Tax Credit (ITC).*** The ITC allows you to deduct 26 percent of the cost of installing a solar energy system from your federal taxes.
South Carolina homeowners see varying energy bills according to time of use (TOU) rates. This means energy is more expensive when you need it most. Avoid high rates altogether by going solar and installing batteries. Your system can help you save money by avoiding energy from the grid. Imagine running on sunshine, instead of giving into your utility’s high rates.
As the South Carolina population increases, outages may become more common. Whether they are scheduled or unforeseen due to weather, they are just as inconvenient. With a battery-equipped solar system you can have the power to keep your lights on. You don’t have to pause your life because an outage is happening. Talk to your dealer about the best batteries for your system.
The Palmetto State is known for its beautiful outdoors and beaches. Many homeowners go solar because they want to preserve the coastal beauty. By running on sunshine, your home reduces greenhouse gas emissions, such as CO2 that pollute the environment. Reduce your reliance on traditional fossil fuels and preserve the state for future generations.
Many homeowners go solar to have more consistent energy bills. Budgets are even more difficult with TOU billing. Depending when you are using the most energy, your bills vary. With solar, you likely won’t have to worry about this. If you offset* the energy you use, you may be able to minimize your bill. If you are able to offset your energy usage, you can plan on a much lower bill and then make consistent solar payments on your system.
South Carolina homeowners may choose to go solar to keep up with the rising market prices. The average home is valued at approximately $206,647, that’s a 7.9% increase from last year. Instead of giving more money to your utility company, consider investing into your home.**
