The Palmetto State is a blooming solar market. 🌼

Financial incentives have been a game changer. Many South Carolinians with solar installations get a combined state and federal tax forfeiture of at least 51%¹ of the total cost of the purchase of a solar system.

There were 1,160 installations in 2016, 18,000 in 2019 and a forecast of 40,000 before 2024².

Solar at the beach! Ocean adjacent systems may use system components that are more resistant to saline conditions.

But also…Fresh rain cleans your panels!

South Carolina has huge solar potential but has opponents. Can you guess who doesn’t want competition in the energy marketplace?

Recently, a collective of solar-friendly entities was able to successfully lobby on behalf of the state’s utility customers. State Regulators rejected the latest appeal of the private utility companies who want to continue their monopoly on power delivery.

For example Dominion Energy’s attempt to attach financial penalties to their customers that adopted solar was officially and significantly delayed in May 2021³.

Sources:

1. https://www.energysage.com/local-data/solar-rebates-incentives/sc/
2. https://www.attainablehome.com/how-fast-is-the-solar-energy-industry-growing-in-the-usa/
3. https://pv-magazine-usa.com/2021/05/20/south-carolina-regulators-approve-net-metering-rules-for-residential-solar/