ORION SMART POWER
Given that South Carolina receives 2,826 sunshine hours on average yearly, it is a prime spot for solar energy. In fact, the current capacity installed throughout the state totals 1,891.4 MW, enough to power approximately 222,247 households. Recently Google's Project Sunroof reported an astonishing statistic – 80% of buildings in South Carolina boast rooftop arrays that are fit for solar panels. Therefore potential output could reach nearly 20,000 MW annually - equivalent to removing 3.2 million passenger cars from the road or growing 387 million trees over 10 years! Boasting 13th place nationally for total solar capacity (which makes up 2.35% of total energy generation in the state), South Carolina is one of the best locations for installing a solar energy system.
4 Reasons Why It’s Worth Going Solar in South Carolina
Add battery storage to your solar system so you can rely on clean energy and disconnect from the grid during outages.
COUNT ON SAVINGS
Reduce your carbon footprint while harnessing the power of the sun. Solar panels take advantage of this by providing consistent, reliable power.
LOWER YOUR FOOTPRINT
Solar power has many advantages over fossil fuels as a renewable energy source. It is a more viable option for your home, community, and the environment.
INCREASE HOME VALUE
Due to the increasing popularity of solar-powered homes, they stand out, resulting in immense profits as they sell faster and at a higher value in the national real estate market.
Available Solar Incentives South Carolina
Incentives help lower the cost of your solar energy system. Those available in South Carolina include:
The Federal ITC: Most solar energy installations are eligible for the federal tax credit—formally known as the Solar Investment Tax Credit (ITC), which allows you to deduct up to 26% of your solar system’s installation costs from your total tax liability for the year of purchase. Storage costs when paired with solar qualify for the ITC.
State Tax Credit: South Carolina residents can claim 25% of the solar system cost as a deduction to state income taxes. For those who do not have enough tax liability the first year, remaining benefits can be claimed for up to 10 years. The amount of the credit in any year may not exceed $3,500 or 50% of the taxpayer’s tax liability for that year, whichever is less.
Local utility rebates: Some local utilities may offer solar rebate programs to offset the cost of your renewable energy system even further.
Switching to solar is easy with ORION
Orion Smart Power is one of the country’s fastest-growing companies. We actively install in twenty states. Not in one of these states?
Please contact us to see if we’re in your area.