No data available
How much do solar panels cost in Spartanburg,SC in 2024?
No data available
Going solar costs approximately $3.28/W in the month of August, 2024 in Spartanburg, SC.
Based on the cost per watt, you can conclude that for every 1 kW (1000 watts) of solar power capacity will require an investment of $3,280 for installation. A 5 kW solar panel install in Spartanburg is typically around $11,480 after accounting for the 30% federal income tax credit. However, it’s vital to realize that a higher capacity system may be necessary to adequately cover your energy needs.
On the left-hand side, you can choose your county to find out the typical roof size and the maximum capacity for solar panels in residences in your area. Outlined below are the costs, payback period, and 20-year average savings for a 5 kW system in your county.
Average out-of-pocket cost for a 5 kW system The upfront amount spent to buy and install solar.
Spartanburg: $11,480US Average: $12,637
Average Payback Period The number of years until you break even on the solar investment.
Spartanburg: 10 yearsUS Average: 11 years
Average Net 20-year savings The total amount of money saved over 20 years minus the out-of-pocket cost.
Spartanburg: $15,947US Average: $15,245
Solar Potential in Spartanburg
Estimated system size and solar electricity production per median viable roof in
Spartanburg.
Roof size 840sq. ft.
Capacity 11.75kW DC
Electricity 15.2kkWh AC per yr.
Electricity Costs in Spartanburg, SC & What that Means for Your Solar Panel Pricing
The average monthly electricity cost for a Spartanburg consumer is $134.78, with an average usage of 1,040 kWh. Please note that this statistic covers smaller living spaces such as apartments, with less energy demands.
Spartanburg, SC's electricity rate is on average 12.96¢ per kWh in August 2024.
Typical consumers in Spartanburg will need a solar system of 8 kW or larger to meet their entire electricity consumption demands. The price of a an 8 kW solar installation is approximately $26,240 upfront, but the federal tax credit provides a 30% credit, lowering your final cost to $18,368.
Go Solar for less than your cell phone bill.
Average solar panel costs by system size in Spartanburg
On the left side below, the price breakdown for multiple sizes of the solar panel systems set up in Spartanburg can be seen. With larger solar systems, the price goes up, but so do the electricity savings and the income tax credits you can gain.
In the calculator located to the right and below, you will find a breakdown of solar panel costs and benefits, calculated with an average $134.78 electric bill for Spartanburg. If you want more customized results, just modify the $134.78 to whichever your typical electricity bill is.
System Size
Roof Size Min. space required
Electricity Value Annual Production
Est. Price
System Size 4kW
Roof Size Min. space required
286 ft²
Electricity Value Annual Production $824 a year
Est. Price
$9,184
Savings froma 4kWthissystem
- Est. yearly production 6,336 kWh
- Est. monthly savings $69
- Full payback in 16 years
Environmental Impacts
- Reduces CO2 emissions by 2.07 tons a year
- Equivalent to planting 95 trees a year
- Equivalent to driving 5,132 mi less a year
System Size 5kW
Roof Size Min. space required
358 ft²
Electricity Value Annual Production $1,030 a year
Est. Price
$11,480
Savings froma 5kWthissystem
- Est. yearly production 7,920 kWh
- Est. monthly savings $86
- Full payback in 16 years
Environmental Impacts
- Reduces CO2 emissions by 2.59 tons a year
- Equivalent to planting 119 trees a year
- Equivalent to driving 6,415 mi less a year
System Size 6kW
Roof Size Min. space required
429 ft²
Electricity Value Annual Production $1,236 a year
Est. Price
$13,776
Savings froma 6kWthissystem
- Est. yearly production 9,504 kWh
- Est. monthly savings $103
- Full payback in 16 years
Environmental Impacts
- Reduces CO2 emissions by 3.11 tons a year
- Equivalent to planting 143 trees a year
- Equivalent to driving 7,698 mi less a year
System Size 7kW
Roof Size Min. space required
501 ft²
Electricity Value Annual Production $1,441 a year
Est. Price
$16,072
Savings froma 7kWthissystem
- Est. yearly production 11,088 kWh
- Est. monthly savings $120
- Full payback in 16 years
Environmental Impacts
- Reduces CO2 emissions by 3.63 tons a year
- Equivalent to planting 167 trees a year
- Equivalent to driving 8,981 mi less a year
System Size 8kW
Roof Size Min. space required
572 ft²
Electricity Value Annual Production $1,647 a year
Est. Price
$18,368
Savings froma 8kWthissystem
- Est. yearly production 12,672 kWh
- Est. monthly savings $135
- Full payback in 16 years
Environmental Impacts
- Reduces CO2 emissions by 4.08 tons a year
- Equivalent to planting 187 trees a year
- Equivalent to driving 10,094 mi less a year
Spartanburg Solar Panel Installation Incentives & Rebates | 2024
If you're a rural small business or farm owner, you might be eligible for REAP Grant coverage of between 80% and 100% for your solar or wind turbine project. Believe you fall into this category? Verify your qualification with our REAP Grant eligibility tool.
The 30% federal income tax credit for residential solar is offered to most homeowners, which makes solar energy a wise choice in numerous regions nationwide. There are also a range of state and local efforts aimed at increasing solar energy use.
Various utilities and government organizations in South Carolina have 8 solar rebate and incentive programs.
Solar incentives in SCIncentive Description Value
Solar Energy, Small Hydropower, and Geothermal Tax Credit (Corporate)
Value:Up to $3,500
South Carolina businesses are eligible for tax credits on the equipment and installation expenses of a new renewable energy system or energy-efficient building materials. Qualifying technologies include solar, hydroelectric, and geothermal as used to generate electricity or for heating/cooling. All system components are also eligible for credits. The credit is valued at 25% of costs up to $3,500 per property and $5,000 per company. To claim the credit, interested businesses should obtain the proper paperwork from the South Carolina Department of Revenue.
ConserFund Loan Program
Value:Varies
ConserFund is a loan initiative overseen by the South Carolina Energy Office. Loans support state/local agencies, public colleges and schools, and nonprofits in making energy efficiency improvements, including installing new renewable energy devices. Qualifying projects include building retrofit work, geothermal pumps, solar panels, or biomass systems. The available principal per loan varies from $25,000 to $500,000 depending on the nature of the project. The borrower has six months to begin installation from the time of the loan's disbursem*nt. Qualifying public-sector borrowers may have 30% of their loan principal automatically forgiven.
Net Metering
Value:Varies
South Carolina electric customers using an interconnected solar or wind energy system may enter net metering agreements with their utility. Any system rated for under 20 kW (residential) or 1 MW (nonresidential) qualifies. The utility will install a bidirectional meter onto the system to measure net excess generation (NEG) sent back to the grid. Customers will receive energy bill credits for the NEG they generate at a fixed avoided-cost rate. Excess bill credits that remain at the end of the year will be paid as a lump sum. Additional information is available from individual utilities. Utilities may set their own net metering terms within a certain domain.
South Carolina Municipalities - Green Power Purchasing
Value:Varies
In 2001, Santee Cooper established a Green Power Program allowing residential customers to purchase renewably-sourced energy at $3 for a 100 kWh block. Commercial customers may purchase 200 kWh blocks at $6. Any customer-member of a South Carolina electric cooperative, as well as customers in Georgetown, may participate. Additional information is available through the Santee Cooper website.
State Building Energy Standards
Value:Varies
New government buildings in South Carolina are subject to green construction requirements. Generally, new occupied state facilities should meet or exceed the standards for LEED Silver certification. Buildings receiving two Green Globes may also meet the standards. By 2020, existing buildings should take measures to cut energy consumption by 20% from a 2000 baseline. Exceptions apply to buildings of certain types, as well as any project where it is determined that project costs would exceed gained energy efficiency. Additional information is available from the South Carolina Energy Office.
Interconnection Guidelines
Value:Varies
Distributed generation and grid interconnection practices have been standardized in South Carolina since 2006. New renewable energy systems in the South Carolina Electric and Gas, Duke Energy, and Progress Energy service areas will be organized into three regulatory tiers based on capacity. A system's tier will determine available permitting processes, fees, review turnaround time, and safety/performance standards. The state requires all interconnected systems to have multiple external disconnect switches. Non-residential system owners are required to carry at least $300,000 of liability insurance on their system.
Renewable Energy Manufacturing Tax Credit
Value:Varies
In South Carolina, tax credits are available for businesses involved in the manufacture of renewable energy equipment. Qualifying equipment includes solar, wind, biomass, geothermal, and a range of other technologies. The maximum available credit is $500,000 per year and $5 million per company. As a condition for receiving the credit, companies are required to invest a minimum amount in new manufacturing facilities, jobs, or other expenses. The required investment will vary from county to county. Additional information is available from the South Carolina Department of Commerce.
Solar Energy, Small Hydropower, and Geothermal Tax Credit (Personal)
Value:Varies
South Carolina homeowners are eligible for tax credits on the equipment and installation expenses of a new renewable energy system or energy-efficient building materials. Qualifying technologies include solar, hydroelectric, and geothermal as used to generate electricity or for heating/cooling. All system components are also eligible for credits. The credit is valued at 25% of costs up to $3,500 per property and $5,000 per taxpayer. To claim the credit, interested homeowners should obtain the proper paperwork from the South Carolina Department of Revenue.
Are solar panels worth it in South Carolina?
For those in Spartanburg looking to stay in their homes past the payback period of their solar system, solar panels make perfect sense. A 5 kW solar system in Spartanburg, SC might save you an average of $20,867.2 over 20 years, with the break even point typically being 7.10 years.
The cost of not having solar panels in Spartanburg, SC
Forgoing the installation of solar panels or an alternative backup energy source results in missing the earlier mentioned savings and total reliance on your electric utility for power. Several recent examples in the news have revealed that total dependence on your utility company isn't always ideal.
There are about 1.2 outages per customer annually in Spartanburg. The typical duration of each outage is 157.13 minutes. When significant events such as tornadoes, equipment failure, or construction accidents occur, these time frames can become much longer.
Owning a solar panel system, with or without a backup battery, could reduce the strain of any future outages you may encounter.
What impacts the cost of solar panels in Spartanburg, SC?
Your Energy Needs - The cost per watt decreases with larger solar panel systems, even if the upfront cost is greater. Individuals often realize that installing a solar system to offset their electric bill is a beneficial decision, resulting in the most savings.
Make & Model - Solar panels are offered in a range of makes and models. The potential system preferences of your selected installer make it crucial to pick a highly rated company. For a better long-term experience, buyers should consider superior quality makes and models.
Solar Panel Type - The industry standard is now monocrystalline panels, and rightly so. They have a higher price but are better at generating energy. The majority of solar panel installers use panels made of this material.
Your Property - Each property and home presents unique challenges. Trees, irregular terrain, or other impediments may complicate the installation process. Today, the many solar installers can evaluate your home with satellite images and factor in these factors in the preliminary cost estimate.
Labor Rates - The varied employee wages paid by companies cause costs that consumers ultimately paying . Companies that invest in higher wages often see higher reviews for their work and customer service.
Permitting & Interconnection - Permitting and utility interconnection fees vary locally and will impact your installation cost. Quality local installers will include these figures in your first estimates to ensure transparency.
See what solar panels cost in other SC cities
- Charleston 34 Installers
- Columbia 36 Installers
- North Charleston 35 Installers
- Mount Pleasant 34 Installers
- Rock Hill 34 Installers
- Greenville 35 Installers
- Summerville 36 Installers
- Goose Creek 34 Installers
- Sumter 34 Installers
- Florence 35 Installers
- Hilton Head Island 34 Installers
- Spartanburg 34 Installers
- Greer 35 Installers
- Myrtle Beach 34 Installers
- Aiken 35 Installers
- Anderson 34 Installers
- Bluffton 34 Installers
- Mauldin 34 Installers
- Socastee CDP 34 Installers
- Carolina Forest CDP 34 Installers
- Fort Mill 34 Installers
- North Augusta 34 Installers
- Taylors CDP 34 Installers
- Simpsonville 34 Installers
- Lexington 35 Installers
- Easley 34 Installers
- Greenwood 34 Installers
- Conway 34 Installers
- St. Andrews CDP 34 Installers
- Wade Hampton CDP 34 Installers
- Hanahan 34 Installers
- Five Forks CDP 34 Installers
- North Myrtle Beach 34 Installers
- West Columbia 34 Installers
- Clemson 34 Installers
- Red Hill CDP 34 Installers
- Berea CDP 34 Installers
- Seven Oaks CDP 34 Installers
- Dentsville CDP 34 Installers
- Gantt CDP 34 Installers
- Ladson CDP 35 Installers
- Cayce 35 Installers
- Lake Wylie CDP 34 Installers
- Parker CDP 34 Installers
- Beaufort 35 Installers
- Orangeburg 34 Installers
- Port Royal 34 Installers
- Moncks Corner 34 Installers
- Gaffney 34 Installers
- Tega Cay 34 Installers
- Oak Grove CDP 34 Installers
- James Island 35 Installers
- Irmo 34 Installers
- Forest Acres 34 Installers
- Garden City CDP 34 Installers
- Boiling Springs CDP 34 Installers
- Newberry 34 Installers
- Fountain Inn 34 Installers
- Red Bank CDP 34 Installers
- Little River CDP 34 Installers
- Murrells Inlet CDP 34 Installers
- Laurens 34 Installers
- Lancaster 34 Installers
- Georgetown 34 Installers
- York 34 Installers
- Travelers Rest 34 Installers
- Camden 34 Installers
- Hartsville 34 Installers
- Hardeeville 34 Installers
- Clover 34 Installers
- Darlington 34 Installers
- Lake City 34 Installers
- Piedmont CDP 34 Installers
- Clemson University CDP 34 Installers
- Batesburg-Leesville 34 Installers
- Hollywood 35 Installers
- Abbeville 34 Installers
- Blythewood 34 Installers
- East Camden CDP 34 Installers
- Belton 34 Installers
- Woodruff 34 Installers
- Mullins 34 Installers
- Duncan 34 Installers
- Liberty 34 Installers
- Pickens 34 Installers
- Hampton 34 Installers
- Inman 34 Installers
- Elgin CDP 34 Installers
- East Gaffney CDP 34 Installers
- North Hartsville CDP 34 Installers
- Graniteville CDP 34 Installers
- Loris 34 Installers
- Landrum 34 Installers
- Gaston 34 Installers
- Elgin 34 Installers
- Hopkins CDP 34 Installers
- South Sumter CDP 34 Installers
- Chapin 34 Installers
- Pelzer 35 Installers
- Six Mile 34 Installers
- Johnsonville 34 Installers
- West Pelzer 34 Installers
- Bonneau Beach CDP 34 Installers
- Folly Beach 34 Installers
- East Sumter CDP 34 Installers
- Bonneau 34 Installers
- Gray Court 34 Installers
- Inman Mills CDP 34 Installers
- Chesnee 34 Installers
- Pawleys Island 34 Installers
Go Solar for less than your cell phone bill.
Who are the best solar installers in Spartanburg?
Freedom Forever
Temecula, CA(800) 685-1850
Services
- Installation of solar arrays.
- Expertise in consulting on advantageous financing for solar.
- Installation of batteries for energy storage.
Titan Solar Power
Mesa, AZ(855) 729-7652
Services
- Expertise in consulting on advantageous financing for solar.
- Installation of solar arrays.
Blue Ridge Sun
Max Meadows CDP, VA(276) 637-0117
Services
- Installation of solar arrays.
Mountain Ridge Energy Service
Conway, AR(501) 499-1529
Services
- Auditing of energy requirements for independent energy generation.
- Installation of solar arrays.
- Reparation of solar arrays.
Powur PBC
Del Mar, CA(866) 467-6987
Services
- Installation of solar arrays.
- Installation of batteries for energy storage.
Core Development Group
(201) 825-2195
Services
- Installation of solar arrays.
- Expertise in consulting on advantageous financing for solar.
Renu Energy Solutions
Charlotte, NC(336) 565-7291
Services
- Installation of batteries for energy storage.
- Expertise in consulting on advantageous financing for solar.
- Installation of solar arrays.
- Reparation of batteries.
SolFarm Solar co.
Asheville, NC(828) 332-3003
Services
- Installation of solar arrays.
- Installation of batteries for energy storage.
- Solar systems for selling electricity back to the grid.
- Expertise in consulting on advantageous financing for solar.
Solar Alliance Southeast
Knoxville, TN(865) 309-4674
Services
- Installation of solar arrays.
- Installation of batteries for energy storage.
LUX Energy
San Antonio, TX(830) 308-7475
Services
- Installation of solar arrays.
Go Solar Power
Boca Raton, FL(800) 530-9597
Services
- Installation of batteries for energy storage.
- Installation of solar arrays.
- Solar systems for selling electricity back to the grid.
SunPro Solar
Mandeville, LA(866) 599-3643
Services
- Consulting on all things solar related.
- Installation of batteries for energy storage.
- Solar systems for selling electricity back to the grid.
- Installation of solar arrays.
- Monitoring of independent energy generation.
- Auditing of energy requirements for independent energy generation.
- Expertise in consulting on advantageous financing for solar.
Power Home Solar
Mooresville, NC(704) 870-3670
Services
- Installation of batteries for energy storage.
- Solar systems for selling electricity back to the grid.
- Expertise in consulting on advantageous financing for solar.
- Consulting on all things solar related.
- Installation of solar arrays.
- Reparation of solar arrays.
SunPower by South Coast Solar
Columbia, SC(803) 471-4354
Services
- Installation of batteries for energy storage.
- Installation of solar arrays.
- Reparation of solar arrays.
Summit Energy Group
Weymouth Town, MA(888) 578-6648
Services
- Installation of batteries for energy storage.
- Expertise in consulting on advantageous financing for solar.
- Installation of solar arrays.
Rogers, AZ(479) 278-2990
Services
- Installation of solar arrays.
- Solar systems for selling electricity back to the grid.
- Reparation of solar arrays.
Greenskies Renewable Energy
North Haven CDP, CT(860) 398-5408
Services
- Installation of solar arrays.
- Installation of batteries for energy storage.
- Solar systems for selling electricity back to the grid.
Palmetto Solar
Charleston, SC(855) 339-1831
Services
- Installation of solar arrays.
- Reparation of solar arrays.
- Installation of batteries for energy storage.
- Solar systems for selling electricity back to the grid.
- Expertise in consulting on advantageous financing for solar.
SunPower Corporation
San Jose, CA(800) 786-7693
Services
- Reparation of solar arrays.
- Installation of solar arrays.
- Consulting on all things solar related.
- Expertise in consulting on advantageous financing for solar.
- Solar systems for selling electricity back to the grid.
- Monitoring of independent energy generation.
- Installation of batteries for energy storage.
Shiloh, GA(706) 846-3121
Services
- Installation of solar arrays.
- Consulting on all things solar related.
Silver Sun Solar
Deltona, FL(340) 227-7785
Services
- Expertise in consulting on advantageous financing for solar.
- Solar systems for selling electricity back to the grid.
- Installation of batteries for energy storage.
- Installation of solar arrays.
Generac
Waukesha, WI(888) 436-3722
Services
- Installation of solar arrays.
- Solar systems for selling electricity back to the grid.
- Installation of batteries for energy storage.
Sunnova Energy
Houston, TX(866) 786-6682
Services
- Installation of solar arrays.
- Installation of batteries for energy storage.
- Expertise in consulting on advantageous financing for solar.
Sunrun
San Francisco, CA(833) 394-3384
Services
- Monitoring of independent energy generation.
- Expertise in consulting on advantageous financing for solar.
- Solar systems for selling electricity back to the grid.
- Installation of solar arrays.
- Installation of batteries for energy storage.
Pure Power Engineering
Hoboken, NJ(201) 687-9975
Services
- Installation of solar arrays.
- Consulting on all things solar related.
Sigora Solar
Charlottesville, VA(434) 465-6192
Services
- Installation of batteries for energy storage.
- Installation of solar arrays.
- Expertise in consulting on advantageous financing for solar.
- Solar systems for selling electricity back to the grid.
Knight Electric
Ogden, UT(801) 782-8219
Services
- Reparation of solar arrays.
- Installation of solar arrays.
- Installation of batteries for energy storage.
Entegrity
Little Rock, AR(800) 700-1414
Services
- Installation of solar arrays.
- Expertise in consulting on advantageous financing for solar.
City Electric Supply
Dallas, TX(866) 634-9853
Services
- Installation of solar arrays.
- Consulting on all things solar related.
- Expertise in consulting on advantageous financing for solar.
PowerHome Solar
Mooresville, NC(704) 870-3670
Services
- Installation of batteries for energy storage.
- Installation of solar arrays.
- Expertise in consulting on advantageous financing for solar.
- Solar systems for selling electricity back to the grid.
Solar Plus
Atlanta, GA(470) 378-1182
Services
- Installation of batteries for energy storage.
- Expertise in consulting on advantageous financing for solar.
- Reparation of solar arrays.
- Installation of solar arrays.
- Consulting on all things solar related.
Cinci Home Solar
Cincinnati, OH(513) 616-6044
Services
- Consulting on all things solar related.
- Auditing of energy requirements for independent energy generation.
- Installation of solar arrays.
Greer, SC(888) 748-9165
Services
- Solar systems for selling electricity back to the grid.
- Installation of batteries for energy storage.
- Reparation of solar arrays.
- Installation of solar arrays.
Veteran Supply Services
Los Angeles, CA(323) 332-6896
Services
- Installation of solar arrays.
Spartanburg, SC Solar Panel Cost FAQs
As of August, 2024, the typical cost for solar panels in Spartanburg, SC is $3.28/W. After federal tax credits, the installation of a 5 kW solar panel system in Spartanburg, SC is estimated to cost $11,480.
South Carolina offers 8 different rebates and incentives from a range of utilities and government organizations. In addition, nearly all people are eligible for the 30%federal tax credit.
Even though paying cash yields the most savings, there are now several financing options for solar panels that also are cost-effective. Initial quotes from installers will frequently detail information about available financing options.
Yes, the average 5 kW solar panel payback period in Spartanburg, SC stands at 7.10 years, yielding average electricity savings of $20,867.2 over 20 years.
Last Reviewed By: Alex Zdanov
Published: 2024-08-01
