Solar Energy Incentives South Carolina

When you install a residential solar power system here you re entitled to claim a state tax credit.

Solar energy incentives south carolina. South carolina solar power. 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. The state of south carolina offers a number of tax incentives for energy efficiency and fuel production. 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.

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 panels allow you to generate clean energy and can save you money. Established in 1995 dsire is operated by the n c. For a list of incentives by category visit the south carolina tax incentives webpage.

State university and receives support from energysage. For homeowners the program offers a 0 60 watt rebate for systems up to 10 kilowatts. Duke energy offers rebates to north carolina customers who want to install a solar panel system. Federal energy efficiency tax.

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. An average 6 kilowatt kw system would be eligible for a rebate of 3 600. The duke energy rebate is a result of house bill 589 which was developed collaboratively by clean energy advocates duke energy and the legislature to continue north carolina s strong track record of promoting clean energy. The key benefits and incentives net metering in south carolina.

The energy saver tool can help you determine what. 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. This incentive helps expand north carolina s growing solar movement keeping in tradition with our status as the 2. Clean energy technology center at n c.

South carolina solar tax credits 25 of costs max of 3 500 or 50 of tax liability per year grade. If you decide to go solar net metering is an important policy to understand. The energy office works in cooperation with the sc department of revenue to coordinate the application of these incentives. Dsire is the most comprehensive source of information on incentives and policies that support renewables and energy efficiency in the united states.