Solar Panel Cost in South Carolina: Get 3 Free Quotes From Top Solar Companies in 2024
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2 minutesWhy having solar panels is a good idea in South Carolina
By going solar, you help create an emission-free world of tomorrow, become energy independent, and save hard-earned money on your next energy bill.
Contact us now and we match you with the top solar companies in South Carolina, guaranteed 100% free of charge.
Benefits of solar in South Carolina
Save money
In the last few years, the cost of solar in South Carolina has dropped to record-lows, making solar a very attractive source of electricity. According to our data, installing 12 kW of solar saves the average household in South Carolina up to $1,474 - $3,684 on yearly energy bills.
Create your own electricity
On average, U.S. electricity consumers experience 7 hours of power interruption per year. With solar panels on your roof, outages are a thing of the past and you will become energy independent.
Increase your home value
Did you know that solar panels increase your home value? Statistics show that a solar system increases your home value by 4.1% on average.
Contribute to an emission-free world
Every kWh of solar energy means 0.846 lbs less carbon emitted into the atmosphere. A standard 10 kW system saves the equivalent of the weight of 49 F-150 pickup trucks throughout its lifetime.
Other Reasons Why South Carolina is a Great Place for Solar
added Solar Capacity 2022
In 2022, South Carolina added 1.31 GW in solar capacity. This is enough to power approximately 164,250 houses.
Price Drop / last 10 Years
Over the past decade, the cost of solar energy in South Carolina has witnessed a significant drop of 53%.
National Solar Ranking
As per the national solar ranking, South Carolina has proven its dedication to harnessing solar energy effectively.
affected by Blackouts
Over the past years 2.48 M residents in South Carolina were affected by power outages.
Is solar worth it in South Carolina?
| System Size | Average Yearly Output | Potential Yearly Savings |
|---|---|---|
8 kW | 12,281 kWh | $ 1,474 |
12 kW | 18,422 kWh | $ 2,211 |
16 kW | 24,563 kWh | $ 2,948 |
20 kW | 30,703 kWh | $ 3,684 |
State-wide solar incentives in South Carolina
| Name | Territory | Incentive Type | Details |
|---|---|---|---|
ConserFund Loan Program | South Carolina | Loan Program | |
Renewable Energy Manufacturing Tax Credit | South Carolina | Industry Recruitment/Support | |
Renewable Energy and Energy Storage Property Tax Exemption | South Carolina | Property Tax Incentive | |
Residential Energy Conservation Subsidy Exclusion (Personal) | Federal | Personal Tax Exemption | |
Modified Accelerated Cost-Recovery System (MACRS) | Federal | Corporate Depreciation | |
Residential Energy Conservation Subsidy Exclusion (Corporate) | Federal | Corporate Tax Exemption | |
Energy-Efficient Mortgages | Federal | Loan Program | |
USDA - Rural Energy for America Program (REAP) Grants | Federal | Grant Program | |
Office of Indian Energy Policy and Programs - Funding Opportunities | Federal | Grant Program | |
Clean Renewable Energy Bonds (CREBs) | Federal | Loan Program | |
USDA - Rural Energy for America Program (REAP) Loan Guarantees | Federal | Loan Program | |
U.S. Department of Energy - Loan Guarantee Program | Federal | Loan Program | |
Qualified Energy Conservation Bonds (QECBs) | Federal | Loan Program | |
USDA - High Energy Cost Grant Program | Federal | Grant Program | |
Fannie Mae Green Financing – Loan Program | Federal | Loan Program |
How much do solar panels cost in South Carolina?
Currently, the price per watt for solar panels is $3.27/W in South Carolina. Given the average solar system size of 8 kW, this means that your solar panel cost is around $26,129 in South Carolina (latest data: April 2023).*
Taking state and federal incentives into account, you can expect to save further 30% of the initial cost, bringing the cost of solar in South Carolina down to $18,291 (installation size: 8 kW).
About the diagram: The diagram shows the average price for an 8kW solar installation in South Carolina after the 30% federal tax incentive deduction. Get 3 free quotes from Quote For Solar and potentially save up to $3,604 compared to the average solar installation cost in South Carolina ("Good price").
Solar panels in South Carolina at one glance
Is It worth it to go solar in South Carolina?
How much do solar panels cost in South Carolina?
Are there solar incentives for South Carolina?
Do solar panels work in South Carolina during winter?
How long does the installation take in South Carolina?
Are there finance options for solar installations in South Carolina?
Is solar mandatory in South Carolina?
Do solar panels increase property taxes in South Carolina?
Is solar sales tax exempt in South Carolina?
Get 3 Quotes From Reviewed Solar Installers Fast!
For homeowners wishing to install solar energy on their properties, Quote For Solar is the ideal service.
Quote For Solar offers a free and easy single inquiry format for homeowners to obtain multiple offers from local solar companies for their installation needs.
Solar Companies will compete with each other to win your business, which can increase your savings. In addition, you are assured of receiving quotes only from trustworthy and dependable partners with a proven track record.
Furthermore, relevant advice on selecting the right product and installer as well as tax credits available will be included as part of the package.
Installing solar energy through Quote For Solar can result in long-term savings due to lower energy costs, but with no obligation to purchase, there is no cost to obtain the quotes.
