Are you looking for a way to save on your home’s energy bills while playing your part in protecting the environment? Are you eager to boost your property’s value while also affordably and responsibly charging new technologies like electric vehicles? If the answer is yes, then solar power is the way to go.
Currently, around 121.4 GW of solar capacity has been installed in the United States. It is estimated that a further 300 GW of solar capacity will be installed over the next 10 years, with tens of thousands of US homeowners making the switch to solar every month.
In South Carolina, homeowners have turned their focus to solar panels. The Palmetto State is well-suited to harnessing the power of solar energy, given that it boasts around 216 sunny days annually (the national average is 205).
Here, we are going to highlight everything you need to know about installing solar panels in South Carolina. This will include the benefits of solar panels, how to install solar on your property, the average cost of solar panels, and why your premier choice is LGCY Power.
Solar Resources for South Carolina Homeowners
South Carolina Solar Statistics Through Q1 2022, According to SEIA.org
- South Carolina ranks 14th amongst US states for solar, showing major improvement from its ranking of 26th in 2021.
- 1,936 Megawatts have been installed to date.
- It’s projected that more than 1,000 additional Megawatts will be installed over the next 5 years, alone!
- Prices for solar panel projects have decreased approximately 50% in the last ten years.
- Download the fact sheet here
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The solar industry is booming in the US. Around 4% of the nation’s electricity now comes from solar energy. While this might sound like a small figure, it’s still 80 times higher than its share just a decade ago.
It is expected that 13% of American homes will have installed a solar system by the end of this decade. In fact, in 2021, a new solar project was installed every 60 seconds. 2022 is expected to be another historic year for solar in the US.
So, clearly, homeowners are switching to solar in droves. Here are five great benefits of going green with solar power.
The Benefits of Going Solar in South Carolina
For a majority of homeowners, the biggest incentive of switching to solar energy is cost savings. A solar panel system helps to significantly reduce a homeowner’s monthly energy bills over several decades.
A solar system’s ability to absorb solar energy and use it to generate electricity reduces annually. However, this does not mean to say that a solar system cannot effectively generate electricity after 25 years. With routine care, a solar system can work for 40 to 50 years.
An ever-greater focus is being paid to humanity’s role in warming the planet. In the US, the burning of fossil fuels for electricity, heat, and transportation is the leading source of greenhouse gas emissions from human activities. Close to two-thirds of the electricity used in the US today comes from burning fossil fuels.
Solar energy stands in stark contrast to fossil fuels such as oil, coal, and natural gas. Solar is renewable, clean, and infinite (the sun has a life expectancy of another 5 billion years, at least). Solar panels do not produce greenhouse gases, which is one reason they are so popular.
By installing solar panels on your property, you are helping to:
- Reduce air pollution
- Reduce water usage
- Fight climate change
- Reduce dependence on fossil fuels
Solar energy is the way to go if you are concerned about your home’s carbon footprint. As we will see below, solar panels pair excellently with electric vehicles.
Another useful advantage of solar panels that is worth knowing about is that they help to increase your property’s value. This is because they are seen as home upgrades, much like renovating a kitchen. For prospective homebuyers, they are seen as a big plus.
In fact, according to the Office of Energy Efficiency & Renewable Energy, they can increase the value of your property by $15,000. This is another benefit that is worth keeping in mind if you are considering installing a solar panel system on your property, particularly given their long lifespans.
Along with solar panels, the electric vehicle industry is booming in the US and around the world. Several US states are working to pass legislation banning the sale of combustion engines after 2035, making electric vehicles a central part of the future of transportation.
However, the reality is that electric vehicles are only as clean as their power supply. If the electricity that charges an electric vehicle is derived from burning fossil fuels, its environmental value is negated.
Solar panels and electric vehicles, however, pair perfectly with each other. Charging an electric vehicle with solar energy is far better for the environment and is also more affordable. Solar energy is more affordable than both public charging stations and using electricity from the main grid.
Another clear benefit of solar panels is that they are easy to maintain and simple to clean. It is simply recommended that you use a leaf blower or garden hose to clean the panels between 2 to 4 times per year. It also pays to inspect your panels after inclement weather for signs of damage.
Should you notice any damage or see an increase in your energy bills (indicating that something is wrong), your warranty will often cover the cost of any repairs.
The Process of Going Solar in South Carolina
LGCY Power is your premier choice when making the switch to solar energy in South Carolina. We are committed to providing unrivaled customer service and are proud to be recognized as the top-rated solar power company in the US. We are dedicated to simplifying the process of going solar for our customers.
The first step when going solar in South Carolina is to contact our team. One of our Energy Consultants will then pay you a visit at home and explain the process of installing solar panels on your property. They will also be happy to answer any questions that you might have.
For the next step, we will coordinate with a site surveyor for an inspection of your property’s roof. This will help to gauge the compatibility of your existing electrical system with our new solar plan.
Once this has been completed, we’ll begin to map out the specific details of your solar panel project. This will include choosing a solar panel system size (more on that below). All of the behind-the-scenes details, such as permits, will be taken care of by our team.
Thanks to our partnerships with the best residential solar panel companies in the industry, the installation phase will be quick and easy. As soon as your solar system has been fully installed, you will be ready to start saving!
The Costs of Solar Panel Installation in South Carolina
The good news is that solar panel installation costs have steadily fallen in recent years. In the past decade alone, the price of installation has fallen by around 60%.
Your property’s location, its size, and your choice of solar panel brand will also play a role in determining the exact cost.
It is worth highlighting that for the rest of 2022, homeowners in the US can enjoy a 26% federal solar tax credit to cover the upfront cost of installation. This tax credit will drop to 22% in 2023 and expire thereafter unless it is renewed by Congress.
Update: In August 2022, the solar tax credit was increased to 30% and extended through 2032.
There is more good news for residents in South Carolina, as the state has its own solar tax credit. Homeowners here are eligible for a 25% tax credit on the purchase and installation costs. Combined with the federal tax credit, this represents a huge saving on the upfront costs.
Why Choose LGCY Power to Go Solar
Now that you have all of the information about solar panel installation in South Carolina, all you need to do now is contact the experts at LGCY Power. We have proudly worked with thousands of homeowners across the US to lower their energy bills dramatically.
If you are ready to get started with switching to solar energy in South Carolina, get in touch with our expert and friendly team today. Contact us today to schedule a consultation without any commitment or obligation. We look forward to speaking with you.
