Duke Energy Solar Rebate in South Carolina

South Carolina is the twelfth-largest state in the nation. It is also one of the most environmentally aware. In 2018 alone, South Carolina banned gas and fuel pumps in all paid parking spots and introduced a law to require solar panels on new homes. Now, residents can reap the benefits of both through a new Duke Energy Solar Rebate program. The initiative provides financial support for residential solar projects and provides individuals and businesses with the opportunity to reduce their energy costs through clean, renewable solar power. This year, homeowners and businesses in South Carolina have the chance to save hundreds of dollars on their utility bills through this rebate program.

Signing Up For The Solar Rebate In South Carolina Is Easy

To be eligible for the rebate, homeowners and businesses must purchase a minimum of 6 kilowatts of residential solar power from a North American power company. To sign up for the program, residents can contact their local utility company to see if they offer solar energy and what the eligibility requirements are to participate in the rebate program. Some electricity suppliers in South Carolina offer customers the option to purchase solar energy certificates that they can add to their electricity bills. These types of certificates allow residential customers to generate their own renewable energy and become more environmentally conscious. If a customer chooses this option, they can start generating solar energy immediately and begin saving money on their utility bills without having to wait for the project to be completed and the utility bill to drop.

How Big Is The Potential Impact Of This Program In South Carolina?

This program could have a significant impact in South Carolina. According to the Solar Energy Industries Association, the residential solar market grew by 62% in 2018 compared to 2017. In 2018, there were 28,600 solar projects installed nationwide and that figure is expected to reach nearly 48,000 installations by the end of next year. In South Carolina, there were 3,100 solar installations in 2018, which is up from 1,800 in 2017 and nearly 6,000 compared to the pre-solar-rebate days. This is likely due to the fact that the state’s electricity prices are among the most expensive in the country.

With the cost of electricity in SC 26 cents per kilowatt hour, compared to the national average of 12 cents, this could provide a big financial boost to many South Carolina families and businesses. In some areas, electricity costs as much as 49 cents per kilowatt hour.

What Is The Payback Period On A Residential Solar Project In South Carolina?

The payback period is the time it takes for an alternative energy source like solar to start paying for itself. In other words, after adding up all the energy costs and expenses associated with living without power, the break-even point occurs when the power generated by the solar system exceeds the cost of electricity used to run it. The payback period for a typical residential solar power project is between four and seven years.

What About The Noise, The Vibration, And The Maintenance?

Noise is one of the main concerns of homeowners who decide to go solar. Conventional solar power generation equipment, like concentrating solar power (CSP) plants or roof-mounted solar panels, generate a lot of noise as they turn over and over during the day. Some people claim that this noise becomes quite annoying after a while. While this may be true, most people adjust to it and learn to live with it. The good news is that technology has made a lot of noise reduction measures possible, so these days, the noise from solar is more tolerable than ever before.

The vibration is another big issue among people who choose solar power. Concentrating solar power (CSP) plants and roof-mounted solar panels are both very heavy and when they are moved, they usually make a lot of racket. Fortunately, this vibration can be reduced using lightweighting measures and proper installation. For example, instead of mounting a CSP plant on a heavy concrete foundation, one could use lightweight materials like wood or metal bearings.

Finally, when it comes to maintaining a residential solar system, most people expect this to be a very labor-intensive process. This is because cleaning the panels after each use, inspecting the system for damage, fixing broken parts, and maintaining an ongoing connection to the electric company are all very time-consuming tasks. Fortunately, with today’s technology, these tasks don’t have to be as labor-intensive as they were in the past. Cleaning chemicals and specialized equipment have made a lot of difference.

For these reasons, it’s no wonder why so many South Carolinians have chosen to go solar. Now, they can finally reap the benefits of being environmentally conscious and save money on their energy bills.

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