Why Solar?

Harnessing the power of gods…

 

What’s in it for me?

 

Eliminate Your monthly power bill

By tailoring the right system for your home. Home owners can self-generate all, if not the majority of their energy needs. Power companies even pay you for your excess power.

 Huge tax credit

Here in South Carolina, homeowners that purchase solar receive both a Federal and State tax credit. The federal solar tax credit, also known as the investment tax credit (ITC), allows you to deduct 30 percent of the cost of installing a solar energy system from your federal taxes. The ITC applies to both residential and commercial systems, and there is no cap on its value. On top of this, South Carolina’s Solar Energy Tax Credit, passed by the state legislature, lets residents claim a state tax credit of 25% of the whole installed cost of a Solar PV system. Together, these can amount to $19,000.

Increase property value

Appraisers are now taking solar systems into account when assessing home value. A Berkeley Lab study shows that home buyers are willing to pay on average an extra $4 per watt for homes with solar PV systems. So on average system size of 7KW, that’s an extra $21,000. Nearly 100% on investment!

 

Why Not?

When examining whether or not solar makes sense for you, it may first be eye opening to see the top reasons NOT to go solar.

 

Solar line of Sight

The solar panels need sunlight to operate efficiently. Typically, the only factor that will determine this is whether your roof has good line of sight to the South. Similar to determining whether your home is a good candidate for DirectTV. Weather can play a small role, but typically isn’t going to make or break the cost/benefit to solar.

 

Low credit Score

Solar companies offer aggressive financing for solar systems to help home owners offset a substantial initial investment. These payments replace your power bill, in most cases, and tend to be 30-50% cheaper. Financially it makes sense for almost all cases to make the switch, but they typically require around a 630 credit score.

 

Renting or Leasing

Most solar companies will not finance as system to an individual whose name is not on the deed of the house.

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Send a copy of your utility bill for a free analysis

Contact

Send a copy of your utility bill for a free analysis
803-814-4943

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residential

Let’s get into the “nitty-gritty” of why and how to go solar for your home.

Get a pre-design and cost/benefit analysis. Companies will use satellite imaging to measure your roof/site, calculate it’s sun exposure, and begin tailoring a solar PV system specific to YOUR energy need.  It should include a detailed cost/benefit analysis; breaking down what your current cost/needs are, a few financing options, the solar PV projected energy output, and a new bottom line monthly cost. This way you can see in black and white how much you will save per month.  If you haven’t been able to get this far, click HERE and email us a copy of your electric bill.

Some People get scared when they hear “financing”, but here are few things to consider. Your electricity need isn’t going away. This is one expense that is a necessity. Cable you most can live without; power however is CRITICAL for your home to function. Therefore committing to financing that provides you this necessity is a safe bet. The statistics support this logic, as solar financing has a lower default rate than even mortgages.  

 

Show me the money! How exactly does solar translate into $$$ for you? We have established that you can save on a monthly basis, but there is more.

 

 

 

 

Predesign
Financing