South Carolina's electricity prices average $0.13/kWh, just below the national average of $0.14/kWh and slight down from last year.
The average cost of a 5kW (equivalent to saving nearly 100 trees a year) solar power system starts around $9,000 in South Carolina. That system would pay for itself through energy savings within 5-6.5 years. System life can span well over 25 years, and savings will improve with inflation.
In the wake of the Distributed Energy Resources Act of 2014 and the Energy Freedom Act of 2019, Distributed Energy Resources Act of 2014, there has likely never been a better time to go solar in South Carolina. The state offers a 24% solar tax credit, and several prominent utilities have their own solar rebate or incentive programs. Read on below!
Data from DSIRE. For more info visit: https://www.dsireusa.org/
Name | Implementing Sector | Program Type | Administrator | DSIRE ID |
---|---|---|---|---|
Biomass Energy Tax Credit (Corporate) | State | Corporate Tax Credit | South Carolina Department of Revenue | 1805 |
Palmetto Electric Cooperative - EC Home Improvement Loan | Utility | Loan Program | Palmetto Electric Cooperative | 2098 |
Sales Tax Holiday for Energy-Efficient Appliances | State | Sales Tax Incentive | South Carolina Energy Office | 2998 |
Biomass Energy Tax Credit (Personal) | State | Personal Tax Credit | South Carolina Department of Revenue | 5046 |
Aiken Electric Cooperative Inc - Residential Water Heater Rebate Program | Utility | Rebate Program | 5251 | |
Black Water Electric Cooperative - Residential Heat Pump Rebate Program | Utility | Rebate Program | 5252 | |
Distributed Energy Resource Program | State | Renewables Portfolio Standard | 5505 | |
SouthCarolinaSaves Green Community Loan Program | State | Loan Program | South Carolina Jobs-Economic Development Authority | 5519 |
Energy Efficiency Revolving Loan Fund | State | Loan Program | South Carolina Energy Office | 5520 |
Duke Energy Carolinas Customer Scale Rebate Program | Utility | Rebate Program | 5777 | |
SCE&G - Customer Scale Solar Program | Utility | Performance-Based Incentive | 5779 | |
Santee Cooper - New Residnetial Construction Rebate Program | Utility | Rebate Program | 5816 | |
ConserFund Plus Loan Program | State | Loan Program | 5855 | |
U.S. Department of Energy - Industrial Assessment Center (IAC): North Carolina State University | Federal | Energy Analysis | U.S. Department of Energy | 15036 |
Association of South Carolina Energy Managers - Energy Manager Programs | State | Training and Information | Association of South Carolina Energy Managers | 16456 |
South Carolina Electric and Gas - Customer Seminars | Other | Training and Information | South Carolina Electric and Gas | 17349 |
U.S. Department of Energy - Industrial Assessment Centers (IAC): Clemson University | Federal | Energy Analysis | U.S. Department of Energy | 17593 |
Rock Hill Utilities - Business Services | Utility | Energy Analysis | Rock Hill Utilities | 19281 |
Fairfield Electric Coop - Energy Experts | Other | Energy Analysis | Fairfield Electric Coop | 19283 |
South Carolina Energy Office - Technical Assistance | State | Energy Analysis | South Carolina Energy Office | 20117 |
Santee Cooper - Rooftop Solar Rebate Program | Utility | Rebate Program | Santee Cooper | 21862 |
Energy Profiler Online | State | Energy Analysis | 21905 |