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Charleston Solar: Is it Worth it?

Free Solar QuoteIf you’re looking for a place with a rich history, look no further than Charleston, South Carolina. Charleston is now making history with the remarkable growth of the solar industry because residents in Charleston are experiencing huge savings from their high electric bills. Charleston’s coastal location, and a town of many ‘firsts’ in the United States, make it a great place to make the switch to solar panels.

With over 210 sunny days a year, solar panels in Charleston can turn sunshine into savings. Powering your home with clean energy keeps South Carolina environmentally friendly and clean, even while saving. Homeowners in Charleston can take advantage of the generous state and federal tax incentives to make going solar easy and affordable. And you’ll get to save money each month thanks to your solar energy system. With Sunpro Solar’s 25 year Labor Warranties and Production Guarantees, plus incentives like net metering, the 26% Federal Solar Tax Credit, and the 25% South Carolina Tax Credit, there’s no better time to get Charleston solar panels than right now.

Sunpro Solar, Trusted Solar Panel Company in Charleston, SC

Since 2008, Sunpro Solar has a proven history and reputation for providing quality service. We were ranked #2 for 2021 Solar Power World’s Top Residential Solar Installer in the nation and the largest residential solar installer in South Carolina. We are proud to offer some of the best warranties you can find in the solar industry and only use products that offer the same.

Charleston Solar Incentives

South Carolina has plenty of incentives for going solar which makes the decision easy for homeowners in Charleston. The best way to find out all the incentives available to you is by talking to a professional. Schedule a no-hassle consultation with a Solar Specialist at Sunpro Solar, who are trained in helping you go solar affordably and easily. For your reference, here is an overview of the incentives available to residents of South Carolina.

26% Federal Solar Tax Credit

If you’d like to get solar panels in Charleston, be sure to take a look at this. Everyone is starting to catch on just how great renewable energy is, including the government. The federal government, wanting to encourage people to switch to renewable energy, is offering this tax credit. It’s called the Federal Solar Tax Credit, or the Solar Investment Tax Credit (ITC for short). With it, those who go solar can receive up to 26% of the total cost back in tax credits. Furthermore, any remaining credits that you don’t use will be rolled over to the next year.

When you decide to go solar in Charleston, take advantage of the 26% tax credit through the end of 2022. The Solar Federal Tax Credit for homeowners with solar power will drop to 22% in 2023.

25% South Carolina State Tax Credit

Charleston South Carolina Solar Panel InstallerThe state of South Carolina has an amazing incentive available for its residents who want to purchase a solar array. Like the ITC, this incentive allows you to receive some of the cost of your solar panels back in tax credits. This one is state based, and you can get up to 25% back. The maximum amount of credit that you can apply in a single tax year is $3,500, or 50% of your state tax liability. You may apply it to whichever is the lesser amount.

With the ITC, and the state tax credit, you could save a lot when purchasing your Charleston solar panels. And like the ITC, the credits from this tax incentive also roll over to the next year if unused. A chance to get 51% off an investment is pretty hard to find out there. Take advantage of this one, and get your Charleston solar panels today!

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South Carolina Net Metering

To encourage people to switch to renewable energy, some electric utility companies will offer net metering, or power performance payments. With net metering, any extra energy your solar panels produce is sent to your electric company’s grid. Your account is credited for the power the company receives. This gives you extra monthly savings thanks to your Charleston solar system.

Dominion Energy (formerly South Carolina Electric and Gas Company) offers net metering to its customers. This program has capacity up to 2% of their peak capacity. Currently Dominion Energy has reached their max capacity, and is currently closed to new applicants. Below are the requirements needed for application upon the re-opening of the project.

Utility Company

Requirements

Notes

Dominion Energy (formerly South Carolina Electric and Gas Company)

  • The applicant must be a customer of Dominion Energy.

  • The customer must:

  1. Submit a PBI application.

  2. Submit an application for generator interconnection.

  3. Execute a generator interconnection agreement prior to installation of the generation system.

  • The rates and prices for net metering with Dominion Energy depend upon your current electric rate.

  • If the customer’s account has a credit of $600 or more as of the November billing month, they will receive the credit amount in payment.

  • If the credit amount is under $600, it is rolled over and applied to the next billing statement.

There’s also a system similar to net metering called Power Performance Payments. With this system your electricity is still sent to the grid, you are just credited for each full kW. South Carolina allows for both systems. There are a few electric utility companies that offer these programs in the state, including Dominion Energy and Duke Energy.

Solar Panels Increase Home Value in South Carolina

Not only do solar panels save you money, they also add value to your home. And if you live in South Carolina, according to CNBC, it’s one of the top states in the country for the highest selling value with solar installed. Here are their rankings for how much solar adds value to the median-valued home:

  1. New Jersey: 9.9% or $32,281
  2. Pennsylvania: 4.9% or $8,589
  3. North Carolina: 4.8% or $8,996
  4. Louisiana: 4.9% or $7,037
  5. Washington: 4.1% or $15,916
  6. Florida: 4% $9,454
  7. Hawaii: 4% or $24,526
  8. Maryland: 3.8% or $10,976
  9. New York: 3.6% or $10,981
  10. South Carolina: 3.5% or $5,866

Even the experts agree! In a comprehensive report done by the  US Department of Energy and National Renewable Energy Laboratory (NREL), they found out having solar panels installed to your home helps sell your home faster and get more money for it!

On average, solar panels add $20 of value for every $1 you save on your electric bill. So if you saved $200 a month on your electric bill with solar panels, you’d have an additional $4,000 of value added to your home.

And again in 2015 the Department of Energy and Berkeley Laboratory confirmed these findings with another study on the real estate market. After analyzing 22,000 homes, they found that homes with solar panels fetched a higher asking price than those without. About $4/watt, which comes out to be around $15,000 for residential, depending on your home and solar system.

In addition, Charleston solar panels can help your property spend less time on the market. In another study done by NREL, they found that solar properties earned about 17% more at closing, in addition to selling 20% faster.

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Solar Panel Companies Charleston SC: How to Choose an Installer

If you’re ready to make the decision to switch to clean energy, you may be wondering how to choose the right installer in your area.  Let’s go through some of the most important things to be aware of when choosing a solar panel installer in Charleston.

How to choose solar companies in Charleston SC:

  1. Expertise: Your solar installer should be well established in the solar industry. A company with expertise means they’ve been around for more than a few years and have thousands of installations under their belt.
  2. Roofing knowledge: Another thing to be on the lookout for is if the solar company has roofing experience. It’s good to know the company handling your solar installation for your house’s roof knows their way around roofs.
  3. In-house team: Many solar companies subcontract installation and other employees. Solar companies who use in-house installers are much more reliable and coordinated, leading to faster installation and easier communication.
  4. Credentials: A reputable solar installation company will have all of the necessary licenses, insurance policies and credentials needed for all areas they operate in. They should be listed on their website and easy to find. A company with all credentials will meet all of the state standards and is certified as a legitimate business.
  5. Reputation: Reading solar company reviews is a great place to start. Keep an eye out for companies that respond to their customer reviews in a professional and timely manner. Companies who care about their customers will be helpful and thankful to their customers. Another bonus is to look for a solar company that has recognized within their industry with awards.
  6. WarrantiesWarranties are one of the important factors when considering solar companies. Many solar companies do not have reliable warranties. When buying an expensive system, you want to protect your investment with warranties. Knowing you’re backed up by the company for years to come is one of the most important things a solar company can provide for your peace of mind.

Sunpro Solar, Trusted Charleston Solar Installation Company

Sunpro Solar has been installing solar panels for over ten years. In that time we’ve gained a reputation for being honest and reliable. We live up to our reputation by proving nothing less than the best to our customers. Our solar installers are all experienced and certified. We use LG for our solar panels, Enphase microinverters, and Tesla and Enphase solar batteries.

Each solar installation performed by Sunpro Solar also comes with the following:

  • 25 Year Labor Warranty
  • 25 Year Production Guarantee
  • 25 Year Solar Panel Manufacturer Warranty
  • 25 Year Enphase Microinverter Warranty
  • A FREE energy audit to ensure maximum savings for you!

Sunpro Solar services the greater Charleston area. We offer turnkey solar solutions so that you can get your Charleston solar panels without having to worry about a thing. Contact us today to learn more!

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See What Our Customers Are Saying

A big “Thank you” to the SunPro crew! An extra Thank You to Chris for his knowledge and help with redesigning my panel arrays to make them more esthetically appealing. The crew was courteous, professional, and efficient. They obviously took pride in their work, making sure they left a satisfied customer.

– Beverly W, ⭐⭐⭐⭐⭐
Google Review
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Office Location

Sunpro Solar
Charleston, SC

843-666-0006


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