Homeowners who live in a Santee Cooper service area should pay close attention to this announcement. The Santee Cooper Solar Incentive that was recently approved in 2017 has made it the most attractive utility incentive in the state. For a limited time, when you switch to solar energy for your home, Santee Cooper will pay you an early adopter incentive of $1.60 per installed watt of solar energy to a maximum total payout of $9,600.00. This is no joke!
Here is how the incentive works;
1- Santee Cooper is the largest supplier of power in our state. They are an environmentally conscience company and believe in green, renewable energy.
2- Federal mandates require energy producers to shift a portion of their energy production to renewables by year 2020. Its simple math… they have to have these renewables and its cheaper for them to pay a small amount to homeowners versus spending millions to build mega solar farms.
Federal and State Solar Tax Credits will cover 55% of the cost of your system. Our current program offers $0 cost upfront for equipment purchase and installation. Solar loan programs spread low monthly payments out over time to be just like paying a power bill. There are multiple options available and someone from South Carolina Solar will be happy to discuss these options with you and see which one is the best fit for you.
6 kWAC of installed Solar……………….$24000
Santee Cooper Solar Incentive………….$9600
Federal Solar Tax Credit (30%)…………..$7200*
State Solar Tax Credit (25%)……………..$6000*
This is not a typo. This could help you eliminate a portion of your power bill forever. Call South Carolina Solar today for a detailed & personalized Financial Breakdown of these numbers to find out how you can eliminate this portion of your electricity bill forever.
The short answer is that many factors determine how much you will save. For example; roof direction and other environmental conditions help to determine the productivity of your solar system. This is something that can change from customer to customer. We will prepare a detailed analysis of these savings for you during an in home consultation.
This will also give us an opportunity to answer any of your questions and educate you about Solar. During this consultation, we will cover all aspects of making the switch to Solar. Call South Carolina Solar today @ 843-300-1770
Don’t let a once in a lifetime opportunity pass you by. When you switch to solar, you are able to sell excess energy back to the grid.
*Federal and state tax credits are available at the percentages listed above. In order to quality for tax credits, you must either pay in taxes throughout the year or owe taxes at the end of each year. Click here to find out more about the Federal Solar Credit & SC State Solar Credit. Consult your CPA about qualifications.