Solar power is a buyer market right now. Because of the opportunity for financial benefits, this investment can save you money in the short term as well as the long-term if you understand how the system works.
Solar incentives exist at both the state and federal level. Local governments place different standards on the allocation of these benefits, so it’s important to evaluate what kind of rebates and programs are available in your area. South Carolina bases its incentives on the kilowatt-hours of solar energy produced by residential systems. Federal incentives, meanwhile, are more flexible. Solar electric systems and solar water heaters installed after 2008 have no maximum incentive.