South Carolina Solar Incentives

In South Carolina, commercial and residential taxpayers may claim a credit of 25% of the costs of purchasing and installing a solar-energy system for heating water, space heating, air cooling or generating electricity in a building owned by the taxpayer. The maximum credit in any year is $3,500 for each facility or 50% of the taxpayer's tax liability for that taxable year, whichever is less. Excess credit may be carried forward up to 10 years 
 
Solar-thermal systems must be certified by SRCC or a comparable entity endorsed by the S.C. Energy Office. The term "system" includes "all controls, tanks, pumps, heat exchangers, and other equipment used directly and exclusively for the solar-energy system." The term "system" does not include any land or structural elements of the building, such as walls and roofs, or other equipment ordinarily contained in the structure.  
 
This credit applies to installation costs incurred in taxable years beginning on or after January 1, 2006. Solar-thermal systems must be certified by the Solar Rating and Certification Corporation (SRCC) or a comparable entity endorsed by the South Carolina Energy Office to qualify for the credit.

More information can be found at http://www.energy.sc.gov/index.aspx?m=5&t=33&h=137

Additionally, customers may be able to sell power back to the utility grid and receive an incentive payment from the Palmetto Clean Energy program (PaCE). More information on the program and how to sign up can be found at this link:

PaCE Program Website - Become a Producer!

Columbia, Charleston, Beaufort, Hilton Head, Spartanburg, Greenville, Aiken, Camden, Cheraw, Myrtle Beach, Georgetown, Rock Hill, Lake Wylie, Lexington, Lake City, Florence, Anderson, Lake Keowee, Mt. Pleasant, Daniels Island, Pawley Island, Isle of Palms, Summerville