Solar Savings Calculator for Columbia, SC
Homeowners in Columbia pay an average of $155/month for electricity through Dominion Energy South Carolina. With 5 peak sun hours per day, solar panels can significantly reduce your energy costs.
$155
Avg Monthly Bill
14.5¢/kWh
Electricity Rate
5h/day
Peak Sun Hours
$56,029
Est. 25-Year Savings
Calculate Your Savings in Columbia
Adjust Your Details for Columbia, SC
$
$50$1,000
50010,000
5¢50¢
Your Estimated Solar Savings
System Size
7.2 kW
Panel Count
18 panels
Total System Cost
$19,440
Federal Tax Credit (30%)
-$5,832
State Tax Credit (25%)
-$4,860
Net Cost
$8,748
Annual Savings
$1,860
Payback Period
4.7 years
25-Year Savings
$56,029
Return on Investment
640%
* Estimates based on 5 peak sun hours/day in Columbia, SC, system cost of $2.7/watt, 30% federal ITC, 25% state tax credit, 3% annual electricity inflation, and 0.5% annual panel degradation over 25 years. Actual results may vary.
Local Solar Details for Columbia
Utility & Permits
- Utility Company
- Dominion Energy South Carolina
- Permit Cost
- $300
- Permit Timeline
- 2-3 weeks
- Net Metering
- full
System Estimates
- Recommended Size
- 7.2 kW
- Panel Count
- 18 panels
- Gross Cost
- $19,440
- Net Cost (after credits)
- $8,748
Available Incentives for Columbia, SC
Federal Solar Investment Tax Credit (ITC)
Reduces federal income tax liability by 30% of the total cost of a solar energy system, including equipment and installation.
South Carolina Solar Tax Credit
One of the most generous state solar tax credits with no maximum cap.
Other Cities in South Carolina
More Solar Tools for Columbia
Columbia Solar IncentivesAll available tax credits and rebatesColumbia Cost ComparisonSolar vs. grid costs over 25 yearsColumbia System SizingHow many panels your home needsColumbia Permits & RegulationsLocal permit requirementsIs Solar Worth It in Columbia?Data-driven analysis for your cityColumbia Financing OptionsCompare loans, leases, and PPAs
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