Solar Energy Incentives South Carolina

Sc solar energy system credit.

Solar energy incentives south carolina.

If you decide to go solar net metering is an important policy to understand. 1 if you don t pay enough in taxes to qualify for the full 25 credit it ll roll over into the next year. Duke energy has reached a deal with south carolina solar groups that would if approved establish full net metering rules for residential and commercial solar. While the state legislature has dropped the ball on the rps they ve scored a slam dunk with south carolina s solar energy tax credit.

Solar panel tax credits in south carolina. One of the duties assigned to the energy office by the south carolina energy and efficiency act of 1992 was to serve as a central clearinghouse for information related to energy use and energy efficiency in south carolina along with federal and state energy tax incentives. Application for solar energy property credit. Certification for pv systems.

But there are other ways to save that don t involve taxes when you go solar in south carolina. Solar energy property credit. For homeowners the program offers a 0 60 watt rebate for systems up to 10 kilowatts. South carolina code of laws 12 6 3587 states that a credit may not be allowed for a solar system unless the system is certified for performance by the nonprofit solar rating and certification corporation or a comparable entity endorsed by the state energy office.

Solar sc gov is south carolina s source for solar information. The energy saver tool can help you determine what. South carolina has one of the most generous solar tax credits in the region. Solar panels allow you to generate clean energy and can save you money.

You can enjoy a 25 state tax credit if you buy your own solar system. Application for clean energy credit. However purchasing a solar system or signing a 20 year lease for solar panels is like buying a car you need to do your homework check prices from several sources and think carefully about. South carolina solar tax credits 25 of costs max of 3 500 or 50 of tax liability per year grade.

Like many other states south carolina has a net metering policy that lets homeowners with solar energy systems bank the extra electricity their solar panels produce when you need more power than you re generating. The key benefits and incentives net metering in south carolina. An average 6 kilowatt kw system would be eligible for a rebate of 3 600. When you install a residential solar power system here you re entitled to claim a state tax credit.