Solar Savings Calculator for South Carolina

South Carolina homeowners pay an average of $155/month for electricity at 14.5¢/kWh. With 5 peak sun hours per day and a 25% state tax credit, solar can dramatically cut your energy costs.

$155
Avg Monthly Bill
14.5¢/kWh
Electricity Rate
5h/day
Peak Sun Hours
$56,029
Est. 25-Year Savings

Calculate Your Savings in South Carolina

Adjust Your Details for South Carolina

$
$50$1,000
50010,000
50¢

Your Estimated Solar Savings

System Size
7.2 kW
Panel Count
18 panels
Total System Cost
$19,440
Federal Tax Credit (30%)
-$5,832
State Tax Credit (25%)
-$4,860
Net Cost
$8,748
Annual Savings
$1,860
Payback Period
4.7 years
25-Year Savings
$56,029
Return on Investment
640%

* Estimates based on 5 peak sun hours/day in South Carolina, system cost of $2.7/watt, 30% federal ITC, 25% state tax credit, 3% annual electricity inflation, and 0.5% annual panel degradation over 25 years. Actual results may vary.

Solar Incentives in South Carolina

Federal Solar Investment Tax Credit (ITC)

Reduces federal income tax liability by 30% of the total cost of a solar energy system, including equipment and installation.

30% of system cost

South Carolina Solar Tax Credit

One of the most generous state solar tax credits with no maximum cap.

25% of cost (no cap)

Cities in South Carolina

Select your city for a more precise estimate with local electricity rates and utility information.

More Solar Resources for South Carolina

Go Solar in South Carolina

Join thousands of South Carolina homeowners saving with solar. Get a free personalized quote from Melia King Solar.

Get Your Free Quote