South Carolina: You Own Your Home, Why Do You Rent Your Power?
Investing in solar panels can provide you with a huge return on your investment in South Carolina. Between timely government tax incentives and affordable finance programs, it’s easier than ever to invest in your own solar panels.
In South Carolina where the sweet tea is made just right, a heated backyard pool is a religion, and air conditioning in the summer is a must, harnessing the benefits of the sun is a necessity.
The most prominent monetary benefit of solar power is that it can end your payments to your energy company. If you own your home, why are you renting your power? It must be mentioned, that all power you generate yourself through your solar panels is the power that you don’t have to purchase from the utility company.
The next benefit is that when you install solar panels in South Carolina, you are eligible to receive a one-time 25% tax credit. You can elect to receive this benefit in a number of ways; either as this 25% credit with no expiration, as 50% of your South Carolina state tax liability, or $3,500 a year for up to ten years - whichever is cheapest.
Right now there are lucrative federal solar tax incentives available that can offset nearly one-third of the purchase prices of a solar system through a 25% tax credit. This 25% tax credit will decrease again at the end of 2020, so it's important to act now to get the biggest return on your solar investment.
We believe that solar power should be affordable. We believe that you should own your own power! If you've been trying to figure out how to cut the costs of your bills, are looking to make another financial investment in your home, and are curious about making the switch to solar, now is the time to act. Summer is coming! Take advantage of that sunshine. Call us today at 682-284-1174 to schedule a free consultation.