Solar Panels Cost 9.1k-18k in Mount Pleasant, SC | August, 2024

Solar Panels Cost $9.1k-$18k in Mount Pleasant, SC | August, 2024

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How much do solar panels cost in Mount Pleasant, SC in 2024?

To get solar panels installed costs approximately $3.26 per watt in Mount Pleasant, SC in the month of August, 2024.

This means that, for every 1000 watts (or 1 Kw) your system can generate you will spend $3,260 to get your system installed in . When you subtract the 30% federal tax credit, you can expect to pay around $11,410, in Mount Pleasant, for a 5 kW system. However, a 5kW system may not be large enough to fulfill your energy demands.

On the left-hand side, you can pick your county to determine the average roof size and the maximum capacity for solar panel systems in residences in your area. Below is a full breakdown of the price, payback period, and 20-year average savings for a 5 kW system installed in your county.

Average out-of-pocket cost for a 5 kW system The upfront amount spent to buy and install solar.
Mount Pleasant: $11,410US Average: $12,634
Average Payback Period The number of years until you break even on the solar investment.
Mount Pleasant: 6 yearsUS Average: 8 years
Average Net 20-year savings The total amount of money saved over 20 years minus the out-of-pocket cost.
Mount Pleasant: $18,973US Average: $15,248

Solar Potential in Mount Pleasant

Estimated system size and solar electricity production per median viable roof in
Mount Pleasant.

Roof size 697sq. ft.
Capacity 9.75kW DC
Electricity 12.5kkWh AC per yr.

Electricity Costs in Mount Pleasant, SC & What that Means for Your Solar Panel Pricing

Energy consumers in Mount Pleasant usually use 1,038 kWh per month, with an average monthly bill of $146.97. Compact dwellings, such as townhouses and condos, are also included in the statistics mentioned in the previous sentence.

In August 2024, Mount Pleasant, SC's mean electricity rate is 14.15¢ per kWh.

In Mount Pleasant, a typical electricity consumer's requirements should be entirely covered by a solar system of 8 kW or more. Presently, an 8 kW solar installation will cost approximately $26,080 before incentives, but the federal tax credit will give you back 30%, lowering the cost to $18,256.

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Average solar panel costs by system size in Mount Pleasant

On your left, we present a comprehensive cost analysis for multiple solar panel system sizes set up in Mount Pleasant. As expected, a more extensive solar system requires a higher upfront cost, but it also leads to greater electricity savings and higher income tax credits.

Refer to the solar panel cost calculator to the right and below to see the cost and benefit details calculated from an average $146.97 electric bill in Mount Pleasant. Simply replace the $146.97 with your typical electricity bill amount to see customized results.

System Size 4kW
Roof Size Min. space required
286 ft²
Electricity Value Annual Production $876 a year
Est. Price
$9,128
Savings from a 4kWthis system
  • Est. yearly production 6,254 kWh
  • Est. monthly savings $73
  • Full payback in 5 years
Environmental Impacts
  • Reduces CO2 emissions by 2.04 tons a year
  • Equivalent to planting 94 trees a year
  • Equivalent to driving 5,057 mi less a year
System Size 5kW
Roof Size Min. space required
358 ft²
Electricity Value Annual Production $1,095 a year
Est. Price
$11,410
Savings from a 5kWthis system
  • Est. yearly production 7,818 kWh
  • Est. monthly savings $91
  • Full payback in 6 years
Environmental Impacts
  • Reduces CO2 emissions by 2.55 tons a year
  • Equivalent to planting 117 trees a year
  • Equivalent to driving 6,321 mi less a year
System Size 6kW
Roof Size Min. space required
429 ft²
Electricity Value Annual Production $1,313 a year
Est. Price
$13,692
Savings from a 6kWthis system
  • Est. yearly production 9,382 kWh
  • Est. monthly savings $109
  • Full payback in 8 years
Environmental Impacts
  • Reduces CO2 emissions by 3.06 tons a year
  • Equivalent to planting 141 trees a year
  • Equivalent to driving 7,586 mi less a year
System Size 7kW
Roof Size Min. space required
501 ft²
Electricity Value Annual Production $1,532 a year
Est. Price
$15,974
Savings from a 7kWthis system
  • Est. yearly production 10,945 kWh
  • Est. monthly savings $128
  • Full payback in 9 years
Environmental Impacts
  • Reduces CO2 emissions by 3.58 tons a year
  • Equivalent to planting 164 trees a year
  • Equivalent to driving 8,850 mi less a year
System Size 8kW
Roof Size Min. space required
572 ft²
Electricity Value Annual Production $1,751 a year
Est. Price
$18,256
Savings from a 8kWthis system
  • Est. yearly production 12,509 kWh
  • Est. monthly savings $146
  • Full payback in 10 years
Environmental Impacts
  • Reduces CO2 emissions by 4.09 tons a year
  • Equivalent to planting 188 trees a year
  • Equivalent to driving 10,114 mi less a year

Mount Pleasant Solar Panel Installation Incentives & Rebates | 2024

Rural farmers and small business owners could have between 80% and 100% of their solar energy or wind turbine installation expenses covered by the REAP Grant. Believe you might qualify? Use our REAP Grant eligibility tool to check your eligibility.

For residential solar projects, almost everyone people are eligible for the 30% federal income tax credit, which makes solar a practical solution in many parts of the country. Moreover, many regional programs are intended to encourage more people to adopt solar power.

A total of 8 solar rebates and incentives are available in South Carolina through different utility companies and government agencies.

Solar Energy, Small Hydropower, and Geothermal Tax Credit (Corporate)

Value:Up to $3,500

South Carolina businesses are eligible for tax credits on the equipment and installation expenses of a new renewable energy system or energy-efficient building materials. Qualifying technologies include solar, hydroelectric, and geothermal as used to generate electricity or for heating/cooling. All system components are also eligible for credits. The credit is valued at 25% of costs up to $3,500 per property and $5,000 per company. To claim the credit, interested businesses should obtain the proper paperwork from the South Carolina Department of Revenue.

ConserFund Loan Program

Value:Varies

ConserFund is a loan initiative overseen by the South Carolina Energy Office. Loans support state/local agencies, public colleges and schools, and nonprofits in making energy efficiency improvements, including installing new renewable energy devices. Qualifying projects include building retrofit work, geothermal pumps, solar panels, or biomass systems. The available principal per loan varies from $25,000 to $500,000 depending on the nature of the project. The borrower has six months to begin installation from the time of the loan's disbursement. Qualifying public-sector borrowers may have 30% of their loan principal automatically forgiven.

Net Metering

Value:Varies

South Carolina electric customers using an interconnected solar or wind energy system may enter net metering agreements with their utility. Any system rated for under 20 kW (residential) or 1 MW (nonresidential) qualifies. The utility will install a bidirectional meter onto the system to measure net excess generation (NEG) sent back to the grid. Customers will receive energy bill credits for the NEG they generate at a fixed avoided-cost rate. Excess bill credits that remain at the end of the year will be paid as a lump sum. Additional information is available from individual utilities. Utilities may set their own net metering terms within a certain domain.

South Carolina Municipalities - Green Power Purchasing

Value:Varies

In 2001, Santee Cooper established a Green Power Program allowing residential customers to purchase renewably-sourced energy at $3 for a 100 kWh block. Commercial customers may purchase 200 kWh blocks at $6. Any customer-member of a South Carolina electric cooperative, as well as customers in Georgetown, may participate. Additional information is available through the Santee Cooper website.

State Building Energy Standards

Value:Varies

New government buildings in South Carolina are subject to green construction requirements. Generally, new occupied state facilities should meet or exceed the standards for LEED Silver certification. Buildings receiving two Green Globes may also meet the standards. By 2020, existing buildings should take measures to cut energy consumption by 20% from a 2000 baseline. Exceptions apply to buildings of certain types, as well as any project where it is determined that project costs would exceed gained energy efficiency. Additional information is available from the South Carolina Energy Office.

Interconnection Guidelines

Value:Varies

Distributed generation and grid interconnection practices have been standardized in South Carolina since 2006. New renewable energy systems in the South Carolina Electric and Gas, Duke Energy, and Progress Energy service areas will be organized into three regulatory tiers based on capacity. A system's tier will determine available permitting processes, fees, review turnaround time, and safety/performance standards. The state requires all interconnected systems to have multiple external disconnect switches. Non-residential system owners are required to carry at least $300,000 of liability insurance on their system.

Renewable Energy Manufacturing Tax Credit

Value:Varies

In South Carolina, tax credits are available for businesses involved in the manufacture of renewable energy equipment. Qualifying equipment includes solar, wind, biomass, geothermal, and a range of other technologies. The maximum available credit is $500,000 per year and $5 million per company. As a condition for receiving the credit, companies are required to invest a minimum amount in new manufacturing facilities, jobs, or other expenses. The required investment will vary from county to county. Additional information is available from the South Carolina Department of Commerce.

Solar Energy, Small Hydropower, and Geothermal Tax Credit (Personal)

Value:Varies

South Carolina homeowners are eligible for tax credits on the equipment and installation expenses of a new renewable energy system or energy-efficient building materials. Qualifying technologies include solar, hydroelectric, and geothermal as used to generate electricity or for heating/cooling. All system components are also eligible for credits. The credit is valued at 25% of costs up to $3,500 per property and $5,000 per taxpayer. To claim the credit, interested homeowners should obtain the proper paperwork from the South Carolina Department of Revenue.

Are solar panels worth it in South Carolina?

Expecting to stay in your house beyond the solar payback period? Solar panels are a smart investment in Mount Pleasant. Having a 5 kW solar system in Mount Pleasant, SC can potentially save you approximately $23,862.8 over a span of 20 years, with an average break even point of 6 years.

The cost of not having solar panels in Mount Pleasant, SC

Without solar panels or another backup power source, you lose out on the previously noted savings and are fully dependent on your electric utility for electricity. Full reliance on your utility company is not always ideal, as recent media examples have demonstrated.

Annually, the average number of outages per customer in Mount Pleasant is about 1.21. Usually, outages have an average duration of 99.65 minutes. However, during critical events like earthquakes, wildlife damage, or equipment failure, these times can extend dramatically.

Even without a backup battery, a solar panel system could ease the burden of possible future power disruptions you may encounter.

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What impacts the cost of solar panels in Mount Pleasant, SC?

Your Energy Needs - Even though larger solar panel systems are more expensive initially, the average price per watt lowers as the system size grows. It is often advantageous for homeowners to install a solar system that can make enough electricity to offset their electric bill, which results in significant savings.

Make & Model - There are a range of makes and models of solar panels. As the installer might have specific brand preferences, it's important to choose a highly rated installer. Consumers who opt for better materials usually enjoy a more favorable long-term experience.

Solar Panel Type - For valid reasons, monocrystalline panels have become the standard in the industry. They come with a higher price but are more energy-efficient. Many solar panel installers use panels made of this material.

Your Property - Elements like trees, sloped land, or other considerations might complicate the installation process. Many solar installers now are able to use satellite imagery to assess your home and factor in these aspects in the first cost estimate.

Labor Rates - The pay that various companies offer their employees are different, and these costs are transferred to the consumers. Companies that pay higher wages frequently garner higher reviews for their services and customer service.

Permitting & Interconnection - The cost of your installation will be affected by the local permitting and utility interconnection fees, which differ depending on the area. Reliable installers will factor these costs into your preliminary quotes to prevent unexpected expenses.

See what solar panels cost in other SC cities

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Who are the best solar installers in Mount Pleasant?

Freedom Forever

Temecula, CA(800) 685-1850

Services

  • Installation of solar arrays.
  • Expertise in consulting on advantageous financing for solar.
  • Installation of batteries for energy storage.

Powur PBC

Del Mar, CA(866) 467-6987

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.

Renu Energy Solutions

Charlotte, NC(336) 565-7291

Services

  • Installation of batteries for energy storage.
  • Expertise in consulting on advantageous financing for solar.
  • Installation of solar arrays.
  • Reparation of batteries.

SolFarm Solar co.

Asheville, NC(828) 332-3003

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.
  • Expertise in consulting on advantageous financing for solar.

Go Solar Power

Boca Raton, FL(800) 530-9597

Services

  • Installation of batteries for energy storage.
  • Installation of solar arrays.
  • Solar systems for selling electricity back to the grid.

SunPro Solar

Mandeville, LA(866) 599-3643

Services

  • Consulting on all things solar related.
  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.
  • Installation of solar arrays.
  • Monitoring of independent energy generation.
  • Auditing of energy requirements for independent energy generation.
  • Expertise in consulting on advantageous financing for solar.

Power Home Solar

Mooresville, NC(704) 870-3670

Services

  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.
  • Expertise in consulting on advantageous financing for solar.
  • Consulting on all things solar related.
  • Installation of solar arrays.
  • Reparation of solar arrays.

Summit Energy Group

Weymouth Town, MA(888) 578-6648

Services

  • Installation of batteries for energy storage.
  • Expertise in consulting on advantageous financing for solar.
  • Installation of solar arrays.

Palmetto Solar

Charleston, SC(855) 339-1831

Services

  • Installation of solar arrays.
  • Reparation of solar arrays.
  • Installation of batteries for energy storage.
  • Solar systems for selling electricity back to the grid.
  • Expertise in consulting on advantageous financing for solar.

SunPower Corporation

San Jose, CA(800) 786-7693

Services

  • Reparation of solar arrays.
  • Installation of solar arrays.
  • Consulting on all things solar related.
  • Expertise in consulting on advantageous financing for solar.
  • Solar systems for selling electricity back to the grid.
  • Monitoring of independent energy generation.
  • Installation of batteries for energy storage.

Silver Sun Solar

Deltona, FL(340) 227-7785

Services

  • Expertise in consulting on advantageous financing for solar.
  • Solar systems for selling electricity back to the grid.
  • Installation of batteries for energy storage.
  • Installation of solar arrays.

Generac

Waukesha, WI(888) 436-3722

Services

  • Installation of solar arrays.
  • Solar systems for selling electricity back to the grid.
  • Installation of batteries for energy storage.

Sunnova Energy

Houston, TX(866) 786-6682

Services

  • Installation of solar arrays.
  • Installation of batteries for energy storage.
  • Expertise in consulting on advantageous financing for solar.

Sunrun

San Francisco, CA(833) 394-3384

Services

  • Monitoring of independent energy generation.
  • Expertise in consulting on advantageous financing for solar.
  • Solar systems for selling electricity back to the grid.
  • Installation of solar arrays.
  • Installation of batteries for energy storage.

Sigora Solar

Charlottesville, VA(434) 465-6192

Services

  • Installation of batteries for energy storage.
  • Installation of solar arrays.
  • Expertise in consulting on advantageous financing for solar.
  • Solar systems for selling electricity back to the grid.

Knight Electric

Ogden, UT(801) 782-8219

Services

  • Reparation of solar arrays.
  • Installation of solar arrays.
  • Installation of batteries for energy storage.

Entegrity

Little Rock, AR(800) 700-1414

Services

  • Installation of solar arrays.
  • Expertise in consulting on advantageous financing for solar.

City Electric Supply

Dallas, TX(866) 634-9853

Services

  • Installation of solar arrays.
  • Consulting on all things solar related.
  • Expertise in consulting on advantageous financing for solar.

PowerHome Solar

Mooresville, NC(704) 870-3670

Services

  • Installation of batteries for energy storage.
  • Installation of solar arrays.
  • Expertise in consulting on advantageous financing for solar.
  • Solar systems for selling electricity back to the grid.

Solar Plus

Atlanta, GA(470) 378-1182

Services

  • Installation of batteries for energy storage.
  • Expertise in consulting on advantageous financing for solar.
  • Reparation of solar arrays.
  • Installation of solar arrays.
  • Consulting on all things solar related.

Cinci Home Solar

Cincinnati, OH(513) 616-6044

Services

  • Consulting on all things solar related.
  • Auditing of energy requirements for independent energy generation.
  • Installation of solar arrays.

R&C Construction Solar

Greer, SC(888) 748-9165

Services

  • Solar systems for selling electricity back to the grid.
  • Installation of batteries for energy storage.
  • Reparation of solar arrays.
  • Installation of solar arrays.

Mount Pleasant, SC Solar Panel Cost FAQs

  • As of August, 2024, the typical cost for solar panels in Mount Pleasant, SC is $3.26/W. The cost of installing a 5 kW solar panel system in Mount Pleasant, SC is about $11,410 post federal tax credit.

  • Residents of South Carolina can currently take advantage of 8 rebates and incentives offered by various utilities and government bodies. In addition, the 30% federal income tax credit is available to almost everyone.

  • Even though paying cash provides the most savings, there are now several financing options for solar panels that also are financially sensible. Installers will often include details on financing partners in the quotes they provide initially.

  • Yes, in Mount Pleasant, SC, the average payback period for 5 kW solar panels is 6 years, resulting in average electricity savings of $23,862.8 over 20 years.
King Manalo
Last Reviewed By: King Manalo
Published: 2024-08-15