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Solar Panel Cost in Columbia, South Carolina

Local pricing, savings, and net metering data for Columbia homeowners.

$1,460
Annual Savings
null yrs
Payback Period
-$21,951
Net Cost
$71,821
25-Year Savings

Cost & Savings Breakdown

Based on $150/month electric bill in Columbia

System Size
6.5 kW
Annual Production
9,359 kWh
Gross System Cost
$18,642
Federal Tax Credit (30%)
-$5,593
State Incentive
-$35,000
Net Cost
-$21,951
Monthly Savings
$122
CO₂ Offset/yr
8,610 lbs

25-Year Savings Projection

$0$18k$36k$54k$72kBreakeven yr 1$72kyr 1yr 5yr 10yr 15yr 20yr 25

Utility & Net Metering

Local UtilitySCE&G
Net Metering PolicyFull Retail
Compensation RateFull retail rate
Capacity LimitNo overall limit
Electricity Rate$0.156/kWh
Peak Sun Hours4.9 hrs/day

Available Incentives

30%
Federal ITC — Deduct 30% of your system cost from federal taxes. Available through 2032.
$35,000
South Carolina State IncentiveSouth Carolina offers a 25% state tax credit up to $35,000 over 5 years.
View all South Carolina incentives →

Common Questions

How much does solar cost in Columbia?

Solar in Columbia, South Carolina costs approximately $18,642 for a 6.5 kW system. After the 30% federal tax credit, your net cost is about -$21,951.

What is the solar payback period in Columbia?

The estimated payback period for solar in Columbia is null years, based on a $150/month electric bill and local sun hours of 4.9 hrs/day.

Does SCE&G offer net metering?

SCE&G offers Full Retail net metering. Full retail rate.

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