Cost of solar panels in sc

How much do solar panels cost in South Carolina?

As of April 2024, the average cost for installing a solar panel system in South Carolina is $2.66 per watt. For a typical 5 kW installation, this amounts to approximately $13,291 before incentives, with prices ranging from $11,297 to $15,285. After the federal tax credit, the average price drops by 30%. You'll likely pay less than what we show here.

How many kWh does a solar system use in South Carolina?

Then, divide your annual kWh by 1,200 to find the system size you need. In South Carolina, the average home uses 12,936 kWh a year, which works out to an 11-kW system. Are solar panels worth it in South Carolina?

Why should you install solar panels in South Carolina?

The ability to generate your own solar energy allows you to decrease reliance on traditional energy sources, potentially reducing your electric bills. Solar incentives: South Carolina provides solar incentives, such as credits, grants or rebates, that can further offset the costs of installing solar panels.

How much do solar panels cost per state?

Calculating the cost of solar panels per state comes down to a range of factors. State incentives, brand options and, of course, the amount of sunshine, will also factor into your ROI. South Carolina solar panels cost an average of $12,210 after the 30% federal tax incentive.

How long do solar panels last in South Carolina?

That's why over 13,000 South Carolina homeowners have used EnergySage to receive and compare quotes for solar installations. You can expect to earn back your initial solar investment through electricity savings in about 7.61 years, while most systems last at least 25 years. You'll often see this number referenced as your solar payback period.

Should you go solar in South Carolina?

While most solar companies include installation and labor in the overall price, it’s a good idea to double-check. If you want to save money on your solar setup, the federal solar investment tax credit (ITC) is your best bet for going solar in South Carolina.