From energy rebates to federal tax credits, it’s no secret that investing in solar power can have numerous advantages. If you’ve been looking into solar for any amount of time, you’re likely aware of these incentives. In fact, it seems like every month there is a new reason to make the switch. Recently, Santee Cooper announced that customers of the power company who install solar panels or enroll in the “Solar Share” program may be eligible for additional rebates.
New incentives available under this program include:
- Solar Home and Business rebates: $1.60 per watt
- Solar Share community rebates: $1.40 per watt
- Rebates now include up to 6-kilowatt installations
Under this new program, residents may begin to see their investments pay off sooner than ever before. By Santee Cooper’s estimates, for example, a customer who uses around 1,700kWh each month and has a 4-kilowatt array could feasibly see returns in just under the six-year mark. The president and CEO of Santee Cooper said that the company enacted these rebates after the success of previous programs and the outstanding client feedback they received.
Santee Cooper provides energy to customers in homes, condos, and apartments throughout South Carolina and is the single largest provider of power in the state. To learn more about your solar power incentives and options, read our latest blogs and follow Sunpower® by South Coast Solar on social media.
If you would like more information on making the switch to solar power, our Columbia solar installers are here to answer your questions. We have been serving residents in South Carolina since 2007 and can help you understand what options may be right for your situation. With the rebates, credits, and incentives, it’s a great time to consider installing solar panels. Depending on your situation, you can save up to 55% on the total cost of your solar energy system.
Want to save money? Call (803) 626-0552 or contact us online today!