Clean solar energy lights up the Golf Capital of the World

The state of solar in Myrtle Beach

Myrtle Beach enjoys plenty of sunshine with an above-average 218 days per year.^*Best Places. Myrtle Beach, South Carolina Climate, May 2021. With 86% of the rooftops in the city solar viable, Myrtle Beach is incorporating more solar energy as time goes on, with its first utility-scale solar farm completed in 2020.^*Santee Cooper. Myrtle Beach’s First Utility-Scale Solar Farm. January 2020.

How much solar energy does Myrtle Beach produce?

As of February 2019, Myrtle Beach had 285 solar installations generating 3,615.11 kW of electricity. That total doesn’t include Runway Solar Farm, which was completed in 2020 with a capacity of 2 MW (2,000 kW).^*Santee Cooper. Myrtle Beach’s First Utility-Scale Solar Farm. January 2020.

What are the advantages of going solar in Myrtle Beach?

Going solar offers numerous benefits for home and business owners alike, the first being that it's a carbon-neutral energy source. If all the solar-viable rooftops in Myrtle Beach were utilized, it would offset 267,000 metric tons of carbon dioxide, the equivalent of taking 56,400 cars off the road for a year.^*Google, Project Sunroof data explorer (November 2018).

In addition to reducing your carbon footprint, solar energy can help you save on electricity costs. Myrtle Beach solar costs have plummeted in the past few decades, as is the case with the rest of the United States.

Solar costs are now 82% lower than they were in 2010, with prices falling 13.1% in the past three years.^*PV Magazine. Solar costs have fallen 82% since 2010. June 2020. With a 5 kW system, you could see savings as high as $28,000, recouping your installation costs in as little as eight years.^*Energy Sage. Solar Panels in Myrtle Beach, SC. May 2021.

Last but not least, you’ll enjoy greater energy security. When installed with a backup battery storage, a solar system ensures you have power if the grid goes down. This can be especially beneficial during hurricane season when power outages abound along the Grand Strand.

How much does solar cost in Myrtle Beach?

The cost of a home solar system can vary, even in the same city, due to a range of factors. These include:

• Number of solar panels

• Type of solar panels

• Installation location

• Brand of equipment purchased

To help you understand the price of going solar in your area, we've analyzed SunPower price quotes, as well as quotes gathered by third-party sources for thousands of homeowners across the country.^*Local Solar Installers 2020/2021, Solar Reviews 2021, Energy Sage 2021, Wood Mackenzie 2020, National Renewable Energy Laboratory 2020 In Myrtle Beach, we found that the average cost of a 5kW system in Myrtle Beach is $14,200 - $15,150, or $2.84 - $3.03 per watt. And that's before considering the benefits of any available tax credits or incentives.

One of the most popular solar incentives is the 26% Federal Residential Solar Energy Tax Credit. There’s no limit to the amount you can claim, but you must purchase rather than lease your system. South Carolina also offers a state tax credit of up to 25% of your total system cost. This incentive is capped at $35,000, and you may only claim up to 50% of your tax liability each year. The credit can be carried over for ten years.^*The availability of tax credits is subject to change. Please visit the dsireusa.org website for detailed solar policy information.

What’s the best way to go solar in Myrtle Beach?

If you’re ready to make the switch to solar energy, it’s important to take the time to do your research before settling on a system. An experienced solar provider is invaluable in this process as they will be able to design and install a system that takes your energy use and requirements into account. Every solar panel system is unique.

For example, you may need to purchase higher-performing panels to compensate for limited roof space. On the other hand, if you're hoping to generate an energy surplus, a larger system may be more suitable.

Get started today by requesting a free consultation. We’ll follow up with a quick call to schedule a time. You can also call us directly at 1-385-489-5552.