South Carolina Solar Power Rebates, Tax Credits, and Incentives

Larry Grant

I am a 59 year old male who has been around the world a few times with the U.S. AIR fORCE. It does not supprise me that our Goverment(Gov.) is still in the anchient ages. It seems that someone would be bright enough to put in some types of reliefs to the South Carolina People. Solor power is clean and effeciant for the earth, what is our (Gov.)doing. I am also a Disabled Vetran and I have done enough damage to the earth, now I am trying to help clean it up.

adub

Renewable resources are the wave of the future, we are living in history right now. We can change things right now, we have the power to do it. The question is are we going to change? There is alot more involved than just swirly light bulbs and solar panels. It’s a complete economic lifestyle change. We can do this, with the right educating, commitment, and working together. Solar panels is a great start. Think smater, think for the Earth.

carol

I have an 1,000 sq ft home ranch. I have always been interested in solar heating and cooling, only recently have I been able to find out a little more about it. From the quote about the price, how does that work? There must be something smaller and less expensive for a small home?

David Llorens

Hi Carol, I’d need to know more information. Please email me directly and maybe I can answer your questions.

Keith Hutcheson

It’s very disappointing to see states such as SC do next to nothing to encourage people to use renewable sources of energy. $50,000 gets you a tax credit of about 10%? Not very generous… But, the state will give hundreds of millions in tax breaks to corporations for a whole host of other things. Once again, it proves that SC as well as other states don’t “really” want to make a difference.

Jon Bayer

Is there a program for tall buildings. I live in a four building, four story Villa. Is there something for this type of building? Our current electric bill is $26,000 for this past year, but rates are projected to rise by 30% I believe on Hilton Head. Thanks for your help.

Ron Sebeczek

The solar rebates for South Carolina is 25% of the cost up to $35,000 with the max each year for 10 years is $3,500.

http://www.energy.sc.gov/index.aspx?m=1&t=5&h=19

Peter Karns

It is getting better. The Federal tax rebate for residential is no longer capped @ $2000. It is now 30% of system cost. There are also many grants and rebates available depending upon your situation. If we all chip in, solar can make a difference. http://dsireusa.org/library/includes/map2.cfm?CurrentPageID=1&State=SC&RE=1&EE=1

phil shipley

i have a company selling and installing solar water heating systems in the bluffton, hilton head, and savannah area. the problem i am running into are gated communities. their covenents say nothing shall be mounted on roofs. when approached about solar panels they go (duh, what do we do). they have never been approached about solar so they just ignore the idea. what do we do? when are getting a ruling like the fcc for sattelite dishes where they cannot deny someone solar panels

Adrian Day

I am leaving Washington, DC and will be moving to Columbia, SC sometime this coming spring. I am looking for work in the solar/wind industry. Can anyone help me find companies to interview with? Thank you all, my email is adrianj.day@gmail.com.

rich w

I have been involved in the electrical and energy industry for over 25 years in SC. The problem for solar electric is the cost of the cells. Until the price comes down, and the incentives go up, little will change. In Germany, any consumer – business or homeowner – who installs solar electic is guaranteed a fixed electric rate for as long as they own/use the panels. PLUS, if they connect to the grid, they guarantee to be paid excess electric, which goes back on the grid, at the prevailing current rate. What that means is they all put in extra panels (with low interest monies earmarked for the program) and sell back power each month on the grid. The extra power “pays” for the interest and thus they owner has NO electric bill – ever! As rate continue to climb, the owner ends up making income each month.
Wind power for SC is not practical. The cost of a turbine, with our wind potential profile, will never allow a payback. Wind turbines require MUCH maintenance and have a useful life of only 10-20 years, thus no payback (as long as electric rates remain low). Wave power is promising and can be done with limited geographic “damage” to the SC coast. THE answer will remain Nuclear, although the use of coal is MUCH greater than Nuclear over the next 20 years. The saddest thing is that the average person cannot discern the truth about electrical power and the politicians are truly not intelligent enough – or honest enough – to effect a change. And finally, the amount of money a homeowner would spend on solar electric – spend a FRACTION of that cost on improving the energy “envelope” of your house (i.e. overly insulate, seal leaks, high eff AC, etc) and the paybacks are immediate and last a lifetime.

Jeanne Velie

I am looking to find accurate information on switching over to solar for both my business and home. I have not had much success finding information that is helpful and find it all very frustration. Your help would be much appreciated.

J.Byers

If you think a 19 year byback ob a $50,000 investment is good , then I have some swampland I’d like to sell you.

Erika Myers

I see there are a lot of questions about solar energy from the posts. I encourage you to check out the SC Solar Council, which is the South Carolina Chapter of the American Solar Energy Society – http://www.scsolarcouncil.org. The purpose of this organization is to educate and advocate for solar energy within our state. We meet quarterly and have an annual workshop series/solar tour around the state. During the month of September we will be having residential solar workshops in Charleston, Greenville, Columbia, and Conway. On October 3rd we will have solar tours in those same areas where you can see an installation up close and personal. Also, in 2009 the SC State Government has increased the state solar tax credit from 25% to 30%. Check out TC-38 (tax form for credit) at http://www.sctax.org. If you still have questions please feel to contact me at the SC Energy Office.

Jan

keep in mind with solar you’ll never have to depend on a utility company again.
That for me is the number one reason
I choose solar. Freedom from rate spikes
and knowing if there is a shortage or other problem I’ll always have the sun.

Clifford

I would love to know my neighborhoods total electric footprint. Is there any way other than estimation to get solid numbers for a specific area? I think that breaking down local sectors for energy consumption would be very helpful knowledge.

Mark Coto

I’m confused. Is the tax credit $3,500 per year or 50% of tax, whichever is less or is it maxed at $3,500 per year for 10 years. The comment posted by Mr Ron Sebeczek on Nov 20, 2008 implies the later. The link was not definative. If I read it correctly, it was $3,500, period.

Ward Johnson

The South Carolina solar energy tax credit is 25% (30% for 2009) of the total cost of the installation. However the actual tax credit you can take for a given tax year is limited to $3500, but not to exceed 50% of your total tax liability for that year. IMPORTANT to note though is that any unused portion of the total tax credit can be carried over for up to 10 years with the same rules, i.e. each year the tax credit you can take on your tax return is limited it $3500 but not to exceed 50% of your tax liability for that tax year. See SC TC-38 for exactly how the math works