Solar Panel ROI in 29407

Charleston, South Carolina — Is solar worth it here? Here's what the data says.

2.4x ROI Score
10.3 yrs Payback Period
$1,315/yr Annual Savings
$32,875 25-Year Savings

Your savings estimate

$ /mo bill
Annual savings $1,315
·
Payback 10.3 yrs
·
25-yr savings $32,875

Solar Calculator for 29407 (Charleston)

Adjust values to see your personalized solar ROI estimate for Charleston, South Carolina.

kW
$
$ /kWh
5.36 kWh/m²/day
Based on NREL data for Charleston, SC
ROI Score 2.4x
Annual Production 9,391 kWh
Annual Savings $1,315
Payback Period 10.3 years
25-Year Savings $32,875
After 30% ITC $9,520

Solar Data for 29407 – Charleston, SC

Solar Irradiance 5.36 kWh/m²/day +8.1% vs national avg
vs South Carolina Avg +1.5% State avg: 5.29 kWh/m²/day
Electricity Rate $0.140/kWh South Carolina average rate
Annual Production 9,391 kWh 6kW system estimate

Charleston's 5.36 kWh/m²/day is 8.1% above the national average. At $0.140/kWh, the 10.3-year payback is moderate. Tax credits and incentives can shorten it meaningfully.

Solar Incentives for Charleston, South Carolina

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Federal Investment Tax Credit (ITC)

Claim 30% of your system cost as a federal tax credit. On a $13,600 system, that's $4,080 back.

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Net Metering

Most South Carolina utilities offer net metering — sell excess electricity back to the grid at retail rates, accelerating your payback.

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South Carolina State Programs

Check with the South Carolina energy office for additional rebates, tax exemptions, and low-interest solar financing programs available in Charleston.

29407 vs South Carolina Average

Solar Irradiance
29407: 5.36 SC avg: 5.29
Payback Period
29407: 10.3 yrs SC avg: 11.2 yrs
Annual Savings
29407: $1,315 SC avg: $1,213
25-Year Savings
29407: $32,875 SC avg: $30,325

See the full South Carolina solar guide for statewide data and incentives.

Nearby Zip Codes — Solar Comparison

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