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Solar Panel Cost in Greenville, South Carolina
Local pricing, savings, and net metering data for Greenville homeowners.
$1,460
Annual Savings
null yrs
Payback Period
-$20,647
Net Cost
$70,518
25-Year Savings
Cost & Savings Breakdown
Based on $150/month electric bill in Greenville
System Size
7.2 kW
Annual Production
10,504 kWh
Gross System Cost
$20,504
Federal Tax Credit (30%)
-$6,151
State Incentive
-$35,000
Net Cost
-$20,647
Monthly Savings
$122
CO₂ Offset/yr
9,663 lbs
25-Year Savings Projection
Utility & Net Metering
Local UtilityDuke Energy SC
Net Metering PolicyFull Retail
Compensation RateFull retail rate
Capacity Limit1 MW limit
Electricity Rate$0.139/kWh
Peak Sun Hours5 hrs/day
Available Incentives
30%
Federal ITC — Deduct 30% of your system cost from federal taxes. Available through 2032.
$35,000
South Carolina State Incentive — South Carolina offers a 25% state tax credit up to $35,000 over 5 years.
Common Questions
How much does solar cost in Greenville?
Solar in Greenville, South Carolina costs approximately $20,504 for a 7.2 kW system. After the 30% federal tax credit, your net cost is about -$20,647.
What is the solar payback period in Greenville?
The estimated payback period for solar in Greenville is null years, based on a $150/month electric bill and local sun hours of 5 hrs/day.
Does Duke Energy SC offer net metering?
Duke Energy SC offers Full Retail net metering. Full retail rate.