(704) 525-6767 • solar@renuenergysolutions.com

Renu Hurricane Helene Relief

Renu’s Hurricane Relief Efforts

(704) 525-6767
solar@renuenergysolutions.com

Renu’s Hurricane Relief Efforts Renu Hurricane Helene Relief

Duke Energy Solar Rebate

Duke Energy Solar Rebate No Longer Available for South Carolina Solar Customers – Other Incentives Still Available!

The Duke Energy solar rebate program in South Carolina closed in late 2016. We learned shortly before it ended. Duke Energy established the rebate to accelerate the adoption of South Carolina Solar Power. Many customers took advantage of the program that lowered the initial cost of solar power significantly.

Right now is still a great time to go solar in South Carolina, with a state tax credit available at 25% of the solar system cost, and a federal tax credit of 30%.

Were you looking for information about Duke Energy’s North Carolina solar rebate proposed for 2018-2020? You’ll find details about that program on our webpage here.

$1 Dollar-Per-Watt Rebate: Lasted from October 2015 – late 2016

south carolina tax incentives

Effective October 13th, 2015, Duke accepted applications for residential solar that had been energized since the first of January, 2015. Duke offered a $1 per watt rebate. For example, a home that has a system producing 5000 kWh was eligible to receive a one time only rebate of $5000.

This rebate did not negate the 25% State Income Tax Credit, nor the 30% Federal Income Tax Credit. A South Carolina Duke customer could still save 55% of the system cost due to tax incentives and then also receive a cash rebate that directly relates to the size of their solar system. The wattage was calculated in AC power. Waitlisted program applicants will be reviewed in the order received, in the event that program openings arise, resulting from denials of some customer applications.

 

Frequently Asked Questions About Solar for Your Home:

How exactly does going solar and a solar system itself work?
Solar energy begins with sunlight that hits the panels to produce energy that flows into your inverter, which converts the DC energy into Alternating Current (AC) electricity that can be used to power your home. This same energy is then consumed when powering your home’s light, appliances, gizmos, and gadgets. If you feel your home isn’t producing the energy that it needs, the utility will fill in the gaps. If you system produces more energy than needed, that energy will go to the grid and your utility will credit you for the unused power.
How many solar panels do I need for my home?
At Renu Energy Solutions we design our solar panel systems size based on three main factors.

Roof-size/available space: When we look at the size of your roof and the space available, we gather data that tell us the maximum number of solar panels your home or site can hold and we even consider shading. We use a software “Suneye” which takes a 360 picture of your roof and we use this photo to determine if your home is a good candidate for solar.

Energy Usage: When we determine energy usage we look at your past electrical bills from over the course of a year to make sure your system isn’t too big or too small.

Your Budget: We take your budget seriously and most importantly, we want you to be satisfied with our services. We take your feedback on how much you want to spend so that we can size your system appropriately.

What is solar net-metering?
Net-metering is a type of utility policy that controls how your system is connected to the grid and how you are credited for the solar energy you produce.
Does Duke Energy offer net-metering?
Yes! Both Duke Energy Carolinas and Duke Energy Progress territories in NC offer net-metering when your homes goes solar. If you are interested in net-metering, no worries. Our team will guide you through the process as certain utilities have a different application procedure.
Curious about the cost of a home solar system?
When our clients ask this question, we immediately tell Tham about the federal tax credit that comes with going solar. The Federal tax credit for going solar is 26% in 2020. For example, if the total cost of you system was $22,000, when you subtract 26% you are then left with a %16,280 solar system. There is not set price for a home going solar as there are many factors that contribute to the total cost. The price of a solar home can range from $10k to $100k based on the size of your roof, energy usage, aesthetic preferences, and of course, budget.

 

 

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