Call now

Greenville Solar Panels: Cost and Local Incentives

Written by Luke Daugherty/

Edited by Jamie Cesanek

Last updated 12/16/2022

title

Get an estimate of solar cost and savings at your home.

Is solar right for your home?
Get an estimate of solar cost and savings at your home.

Shot of Downtown Greenville, South Carolina, the fastest growing urban area in South Carolina.
John Coletti/Photodisc/Getty images

Why trust SaveOnEnergy?

Learn More

At SaveOnEnergy, we work to offer accurate information with editorial integrity.Our partners do not direct our editorial content, though we may reference their products in our posts. Read more about how we make money.

Greenville solar panels

South Carolina residents looking for environmentally friendly energy options are increasingly turning to solar energy as a cost-effective, renewable solution. Greenville residents have affordable solar panel options for collecting power from the sun. With SaveOnEnergy , you can explore the cost of solar panels in Greenville, local incentives, and financing options for a system for your home.

Ready to go solar? Call 866-526-9899to be connected with a solar expert today!

Cost of solar panels in Greenville

The cost of solar panel installation in Greenville depends on several factors, such as system size, panel efficiency, and installer pricing. South Carolina residents spend an average of $4.03 per watt for a solar system installation. That totals out to $36,270 for South Carolina’s average 9-kilowatt (kW) system size before tax credits and rebates. This is just above the average U.S. price per watt of $3.91.

How much do solar panels cost in Greenville in 2022?

The average South Carolina homeowner needs a 9-kWsystem for their home. At an average cost of $4.03 per watt, it would cost $36,270 to purchase solar panels for a home in Greenville. 

Before you start experiencing electricity savings, you’ll have to recover the costs of your installation investment. The average South Carolina resident spends $160.53 per month, or $1,926.36 per year, on electricity. It could take you around 13 years to recoup the cost of a system at South Carolina’s average price.

The savings you earn after that from producing your own electricity is yours to keep. Over the long term, a solar system can help you save on electricity costs. A typical homeowner in Greenville who installs solar panels could save about $13,138 after 20 years. Keep in mind that electricity costs tend to increase over time, so your net savings may be even greater in the long run.

Average solar panel cost by system size in Greenville

Price Per WattSystem Size (kW)Cost
South Carolina$4.039 kW$36,270
U.S.$3.919 kW$35,190

Calculating your yearly usage will help you determine what solar array size you need for your home. After you find that number, you can discuss potential system sizes with a solar installer or use a solar energy calculator for estimates.

The typical Greenville homeowner uses about 1,081 kWh of electricity per month, or 12,972 kWh per year. A solar array would need to produce that much energy or more to cover all of your consumption.

Your total system cost depends on the size of your home, how much sun it gets, and the installer you choose for solar panels in Greenville. The 30% Residential Clean Energy Credit can help lower the net cost of your solar system. Based on averages, you could pay about $25,389 after subtracting savings from the federal solar tax credit.

Get an exact quote from our solar advisors

The SaveOnEnergy marketplace helps you search, compare, sign up and save on the right energy fit for your home — all for free. If you’re interested in solar, answer a few questions to get an exact price quote from our solar advisors.

1. Complete the form below
2. Schedule an appointment with a solar advisor
3. Get an exact price quote for solar panels for your home

Incentives for solar panels in Greenville

Converting your home to solar energy is a major investment. Although it pays off in the long run, many Greenville residents can’t afford to pay for this investment outright. Given the urgency of turning toward more renewable energy sources, various government agencies and utility companies provide credits and incentives to make this cost more manageable.

IncentiveLocal, State, or Federal?Incentive details
Residential Clean Energy CreditFederal30% tax credit active through 2032; can also be retroactively applied to solar systems purchased in early 2022
South Carolina Solar Tax CreditState State tax credit for 25% of your system cost, up to $3,500 or 50% of your tax liability per year for up to 10 years
Santee Cooper Solar Rebate ProgramLocalState-owned, local utility offers a maximum lifetime rebate of up to $5,700 per customer when installed by Santee Cooper

Solar companies in Greenville

Residents and business owners have options for finding the best installer for their solar panels in Greenville. Before you begin planning your system, read our guide on solar panel installation so you know what to expect.

Once you’re ready to find the right installer for your needs, SaveOnEnergy can help you get started. We can connect you with a solar installer in Greenville for free. Fill out our form or call to speak with a solar advisor today.

Is going solar in Greenville right for you?

Tax credits and incentives aren’t the only way to make the cost of Greenville solar power more manageable. There are different ways to pay for solar power, including financing and community solar programs.

Solar for renters

If you’re renting a home or apartment, you may not have the option to buy your own solar system. That doesn’t mean you don’t have options to access this renewable resource, though. Renters, in particular, may benefit from community solar programs that allow them to pay for solar energy without owning a system. These projects allow residents to share a portion of a solar array and earn credits toward their utility bills.

Solar for homeowners

Homeowners can take advantage of purchase power agreements (PPAs) and lease arrangements, but they can achieve the most long-term benefits from purchasing their own system. Buying a solar array is a significant investment, but it comes with huge savings in the long run and can increase your home’s resale value. Various incentives also make solar panels more affordable in Greenville.

Solar power FAQs

  • The cost of solar panels in Greenville varies based on system size, location, and installer. In general, you can expect to pay about $36,270 before tax credits to set up a solar system in Greenville. You can save thousands off this price up front by taking advantage of federal and state tax credits.

  • Solar energy is a great investment in Greenville — and it can pay off in about 13 years in many cases. Between tax credits, utility incentives, and cost savings over time, investing in solar in Greenville can be beneficial in a big way.

  • SaveOnEnergy works with trusted installers to help Greenville residents set up solar panels. Fill out our form to connect with one of our solar experts, and we’ll help you reach an installer.

  • Unlike fossil fuels, the sun is an abundant, renewable resource. Investing in solar will lower your carbon footprint. Learn more about how relying on solar power can help the environment with SaveOnEnergy’s solar resources.

Solar energy by state

Is solar right for your home?
Get an estimate of solar cost and savings at your home.
scorecardresearch script