Solar Savings Calculator for Mount Pleasant, SC

Homeowners in Mount Pleasant pay an average of $165/month for electricity through Dominion Energy South Carolina. With 5.1 peak sun hours per day, solar panels can significantly reduce your energy costs.

$165
Avg Monthly Bill
14.8¢/kWh
Electricity Rate
5.1h/day
Peak Sun Hours
$60,208
Est. 25-Year Savings

Calculate Your Savings in Mount Pleasant

Adjust Your Details for Mount Pleasant, SC

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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
$1,980
Payback Period
4.4 years
25-Year Savings
$60,208
Return on Investment
688%

* Estimates based on 5.1 peak sun hours/day in Mount Pleasant, 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 Mount Pleasant

Utility & Permits

Utility Company
Dominion Energy South Carolina
Permit Cost
$325
Permit Timeline
2-4 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 Mount Pleasant, 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.

30% of system cost

South Carolina Solar Tax Credit

One of the most generous state solar tax credits with no maximum cap.

25% of cost (no cap)

Other Cities in South Carolina

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