South Carolina Solar Information

South Carolina isn’t a bad state for solar. There’s always enough sunshine to cover your basic energy needs or at least to reduce your monthly electricity bill. The 26% Federal Solar Tax Credit as well as some local incentives will make your solar installation even more profitable.

#16

South Carolina ranks #16 in the USA for savings from installing solar panels
6291.76 kWh

Annual AC energy output of a 4 kW solar system installed in South Carolina
5.40 kWh

Solar Radiation (kWh / m2 / day)
14 ¢ /kWh

The cost of electricity today in South Carolina Electric & Gas Co
29 ¢ /kWh

If you don't go solar. The forecast average utility price over the next 25 years

South Carolina Solar Facts

$1.43
Average cost of a 4kw solar power system in 2019.
3 years
Average system payback period.
$62 277
Average lifetime savings.
5 ¢ /kWh
Levelized cost of solar energy.
4 kW
Recommended system size.

Choose relevant panels Calculate your system

Solar Power System Cost in South Carolina
$1.43 per watt

Cash purchased solar system

Before the 26% Federal Solar Tax Credit
$5 674 total

Estimated system cost

Before the 26% Federal Solar Tax Credit
3 years

Average system payback period

Solar power in South Carolina is rapidly becoming competitive with grid electricity, due to the decrease in cost and the eight-year extension to the 30% federal tax credit, which can be used to install any size system. South Carolina offers a 25% tax credit, meaning that 55% of the cost is covered through tax credits.

South Carolina's largest solar installation was the 311 kW Grand Strand Solar Station array in Myrtle Beach, completed on April 18, 2011, until December 2, 2011, when Boeing completed covering the roof of their 787 assembly building with a 2.6 MW solar array, sufficient for 20% of the building's energy use.

Tell us how much you are spending on electricity and we’ll calcalute how much you can save if you go solar

kWH

$ per kWH

According to South Carolina Electric & Gas Co, we received the cost of kWH in your area and calculated energy consumption based on an average electricity bill for 3 months.

I am claiming the 26% Federal Tax Credit (ends 2020) i

When you install your solar system, 26% of your project expenses apply toward a credit to offset any taxes you owe that year. This federal tax credit is a major incentive to go solar, but it is being phased out by 2022.

Most people are eligible to claim this credit (you must owe federal taxes to be eligible).

System size

3.96 kW medium system size

Provides up to 80% of electricity consumption

$1.43 per watt

Average system cost

13 x 325 watt

solar panels
+
13 x 300 watt

microinverter
+
1 x 5 000 watt

inverter

$104.75 / month

Estimated savings on your average quarterly bill

$5 673.88

Estimated system cost
Excludes 26% Federal Tax Credit.
This price does not include the installation cost.
3 years

Average system payback period
$62 276.90

Estimated utility savings

Example of 4 kW system calculation in Minnesota for electricity bill $100

14 ¢ /kWh

The cost of electricity today in South Carolina Electric & Gas Co
29 ¢ /kWh

If you don't get solar. The forecast average utility price over the next 25 years
5 ¢ /kWh

levelized cost of solar energy