Talk to an Expert

solar panels on a turquoise roof

South Carolina Solar Tax Credit

Utility costs in South Carolina are among the highest in the US, 7th to be specific. The bad news or part is that the cost of electricity will continue to rise. Which makes the South Carolina Solar Tax Credit so enticing. 

Choosing to go solar is not only beneficial for your long-term savings, but also an outstanding way to cut the impact grid power sources have on the environment. Homeowners in South Carolina who anticipate going green have a reason to smile — the Palmetto state solar power tax credit.

Well, to generate green energy, you’ll need a solar power system at home. Unfortunately, this is where most homeowners assume that it’s costly to install solar. Clearly, the cost of solar installation has been on the decline year over year. Therefore, leveraging the South Carolina solar power tax incentive has the potential to cut your upfront costs significantly.

How Does the South Carolina Tax Credit Work?

Perhaps, you have already heard about the 26% Federal Solar Tax Credit (if not, don’t worry; we shall discuss that in a while). But let’s talk about the South Carolina Solar Tax Credit first. This program returns 25% of the total installation cost of your solar system as a tax credit.

To understand this better, let’s do some quick, simple math. The average cost of installing a solar power system for the average American home is about $10,000 to $15,000. Using the higher end of this estimation means that you’ll receive an incentive totaling $3,750 (15000 x 0.25) in SC. This means that the taxes you should pay in that year will be slashed by the same amount.

What if my taxes don’t add up to that amount? Well, the South Carolina Tax Credit program allows you to carry forward your tax credit for up to 10 years. Frankly, there is a slight chance, if any at all, to have any remaining unclaimed tax credit after a decade.

What maximum amount can you receive from the incentive program? You can claim a total of $35,000 from the SC tax credit. However, the figure that can be paid each year is capped at $3,500.

What are the Eligibility Criteria for SC Solar Energy Tax Credit?

All homeowners who live in the Palmetto state are allowed to apply for this program. However, before award, you must meet the following requirements.

  • The appropriate bodies must inspect the solar system. But also, an inspection done by your utility company during interconnection assessment is acceptable.
  • The system must have all required building code permits, and the state building code agency must also approve final inspections of the solar system.
  • The home solar power system has to have and meet all the current safety standards and requirements.
  • As the owner, you must provide and hand over the necessary documentation, such as the State Certification for PV Systems document.

You don’t have to worry about how you’ll meet all these requirements. At Go Solar Power, we’ll ensure you have all the requirements and papers available when you hire us to install the solar system.

Can I Claim Both the Federal and South Carolina Solar Tax Credits?

Yes. With the Federal Solar Tax standing at 26% up to the end of 2022 (and 22% in 2023), now is the best time to pair it with the SC solar incentive to reap higher savings. Practically, you pay only 49% of the total cost of installing home solar PV in South Carolina by leveraging both.

Using the same example as above, you’ll receive a total of $3,900 (15000 x 0.26) from the federal program. Coupling with the earlier amount, this totals to $7,650. Therefore, you’ll only pay $7,350 for a $15,000 worth of solar installation. If your system is smaller, you might end up paying an amount lower than $5,000 out of pocket.

The best part about South Carolina is that it offers a net-metering program. Therefore, if you don’t want or can’t afford to include a solar battery in your initial solar installation project, you can still use the utility as a power bank by selling excess energy the panels produce back to the grid.

Are You Ready to Go Solar?

Using a solar installer with resources and experience is crucial. Go Solar Power has over a decade’s worth of experience and has completed hundreds of projects successfully. Connect with us to learn how you can save with solar.

Picture of Go Solar Power

Go Solar Power

Go Solar Power is a family owned operation instilling family values within the company. Honesty, Integrity, Reliability, and a Do the Right Thing mentality permeates among the employees.

Sign up for our Newsletter

The Go Solar Power Blog

Our blog is your trusted source for all things related to solar energy and sustainable living. Explore a wealth of articles written by experts in the field, covering topics such as the latest advancements in solar technology, tips for maximizing energy efficiency at home, success stories from individuals who’ve made the switch to solar, environmental impact insights, and much more. Whether you’re a solar enthusiast, a homeowner considering solar panel installation, or simply curious about renewable energy, our blog offers a diverse range of informative and engaging content to empower you on your journey towards a cleaner and greener future.

Subscribe for Updates

Please enable JavaScript in your browser to complete this form.
By clicking ‘Submit’, I authorize Go Solar Power to call me and/or send SMS text messages about Go Solar Power products and

Featured Posts

Operational Licenses:

  • Florida #2018105561
  • Alabama #000579705
  • Arizona #23546197
  • California #201920310049
  • District of Columbia #C00007789253
  • Georgia #19090818
  • Louisiana #44365017Q
  • Maine #20240247FC
  • Maryland #Z24080475
  • Minnesota #1397224200025
  • New Hampshire #934230
  • New Jersey #0450981072
  • New York #7034731
  • North Carolina #1799097
  • Rhode Island #202340722220
  • South Carolina #00977702
  • Texas #32075439334

Solar Contractor License:

  • CVC 56962 (Florida)
  • COA 650 (South Carolina)

Electrical License:

  • California CSLB#1069269
  • Florida: EC13007879
  • Georgia: EN216145
  • North Carolina: U32638
  • South Carolina: CLM115302
  • Alabama: 02301
  • Texas: 35375
  • Louisiana 72043


  • RS9908186


  • TC5160

Contractor License:

  • FL Roofing CCC 1332637
  • FL Builders CBC1264000
  • Georgia Builders GCCO007273

California Self Generation Incentive Program:

  • GSP Electric Developer Key: 8350NF
NABCEP certified pv installation professional