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{"id":1127,"date":"2022-06-24T21:08:38","date_gmt":"2022-06-24T21:08:38","guid":{"rendered":"https:\/\/wgsi.org\/?p=1127"},"modified":"2022-06-24T21:08:38","modified_gmt":"2022-06-24T21:08:38","slug":"charleston","status":"publish","type":"post","link":"https:\/\/wgsi.org\/solar-installation\/charleston\/","title":{"rendered":"Solar Installation Charleston, SC"},"content":{"rendered":"\n
How Much do Solar Panels Cost in Charleston, SC?<\/h2>\n\n\n\n
Solar panels in Charleston currently cost around $3 per watt, which is a bit on the high side. Most solar panels come in 250 watt sizes, meaning each panel is going to cost you around $750. When you do the math, considering you\u2019re going to need from 20 to 28 panels to be completely self sufficient, your total cost for solar panels is going to be something like $15,000 to $21,000. But before you decide that\u2019s too much, lets take a look at some of the incentives in place for citizens of South Carolina to go solar, which could potentially save you thousands of dollars<\/strong> in tax breaks and rebates.\u00a0<\/p>\n\n\n\n
What are the benefits of going solar? <\/h2>\n\n\n\n
South Carolina offers a number of really good incentives for citizens considering going solar. <\/p>\n\n\n\n
Renewable Portfolio Standards- The state of South Carolina mandates utility companies get 2% of their total energy output from renewable resources such as solar or they have to pay a fee. Most utilities will find ways to encourage customers to install solar panels and use other renewable energy sources rather than pay this fee, so check with your local utility to see what incentives they might offer. <\/li><\/ul>\n\n\n\n
South Carolina Energy Rebates- In South Carolina, you can receive a lump sum payment or apply your rebate to the installation price of your system. Most installers are familiar with the paperwork etc and will handle it for you, but what it works out to is a $1 \/ watt rebate off the cost of your solar panel system from Duke Energy. Santee Cooper offers a rebate of $1.30 \/ watt of solar panels installed on roofs, up to $5,200. <\/li><\/ul>\n\n\n\n
Net Metering- The state of South Carolina has net metering standards, which means it should be easier for your installer to get your solar system connected to the grid, likely saving you lots of time and money on your installation. <\/li><\/ul>\n\n\n\n
State Tax Credit- The state of South Carolina offers a tax credit of 25% of the total cost of your installation. If your installation costs $20,000, you can see how valuable this incentive is.<\/li><\/ul>\n\n\n\n
Federal Tax Credit- And don\u2019t forget, the federal government offers a similar tax credit, this one of 26% of the total cost of your solar installation. Once again, you\u2019re looking at as much as a $5,000 savings here. <\/li><\/ul>\n\n\n\n
How much will solar panels increase the value of my home?<\/em><\/strong><\/h2>\n\n\n\n
There\u2019s no hard and fast rule for how much your home\u2019s value will increase due to the addition of solar panels. There are several schools of thought on the matter though, but in general what it comes down to is a $10,000 – $20,000 increase in the value of your home. Some potential buyers won\u2019t be too excited about your solar panels however, and won\u2019t be willing to pay more for a house with solar panels. It is well established however that homes with solar panels do tend to sell faster than other homes, so you should be in pretty good shape. <\/p>\n\n\n\n
What are the effects of Net Metering?<\/em><\/strong><\/h2>\n\n\n\n
Net metering is the process of measuring not only the output of your solar power system, but how much of that energy you use as opposed to how much is put back into the \u201cgrid\u201d. Having strong net metering laws such as South Carolina\u2019s is an absolute must for solar panels because accurate net metering is how the energy company knows how many kilowatt hours it should credit you toward future electric bills, one of the primary benefits of having solar panels. <\/p>\n\n\n\n
How much solar power do I need to power my home?<\/em><\/strong><\/h2>\n\n\n\n
Every home is different of course, but in general you\u2019re going to need something between 5 and 8 kilowatts of solar panels to be completely energy self-sufficient, if that is your goal. This is a big span of course, but energy needs vary wildly from home to home based on the size of the home, number of residents, energy usage per month, etc. <\/p>\n\n\n\n
What is the \u201cPayback\u201d period for Solar Panels in South Carolina?<\/em><\/strong><\/h2>\n\n\n\n
So here\u2019s the best news about solar panels in South Carolina- thanks to the great rebates and tax incentives, you can expect for your solar panels to \u201cpay\u201d for themselves in about 8 to 8 and \u00bd years. Once your panels have paid for themselves, you are looking at \u201cfree\u201d electricity for the remainder of your solar panels\u2019 lifespans- which could be anywhere from 12-17 years or possibly more. So despite being some of the most expensive solar panels in the country, SC also has one of the quickest pay back periods thanks to state incentives. <\/p>\n\n\n\n
How long do solar panels last?<\/em><\/strong><\/h2>\n\n\n\n
Solar panels last anywhere from 20-30 years depending on a number of factors. Most solar panels are warrantied for 20-25 years by the manufacturer, and your installation is often warrantied for up to 20-25 years by the company you use. Most solar panels pay for themselves in a relatively short time as well, so you can expect \u201cfree\u201d electricity for the duration of your panels\u2019 lives after they have done so. <\/p>\n\n\n\n
Things to look for in a solar company:<\/h2>\n\n\n\n
Time in industry: Just like in any other profession, the more experience someone has at what they\u2019re doing, the better work you can expect them to do. Now just because a company hasn\u2019t been around very long doesn\u2019t mean they don\u2019t do quality work- it\u2019s just one thing to consider when choosing a solar installation company. <\/p>\n\n\n\n
Types of panels: Not all solar companies work with all kinds of panels. If you know what kind of panels you need or want, it would be wise to make sure the company you\u2019re considering is willing or able to work with the kinds of panels you want, or you might be wasting each other\u2019s time. <\/p>\n\n\n\n
Payment options: Some companies offer payment plans, some don\u2019t. Make sure you can meet whatever payment requirements the company you\u2019re working with will insist on, or once again you may be wasting each other\u2019s time. <\/p>\n\n\n\n
Warranties: Make sure you understand your solar installation company\u2019s warranty (if they offer one at all) before going through with your installation. Some companies claim to have a comprehensive warranty plan, but when you get down to the fine print you\u2019ll see that their warranty only covers errors in installation and not defects in the product or damage to panels or anything else. <\/p>\n\n\n\n
Reviews: Probably the most valuable tool you have in deciding on a solar company is customer reviews. Luckily, most companies have reviews out there on neutral 3rd party sites, so you can get a good picture of what kind of work a company really does. <\/p>\n\n\n\n