According to the U.S. Department of Energy, enough sunlight hits the Earth every 90 minutes to power the entire world for a year. Solar photovoltaic (PV) panels harness this free energy and convert it to usable electricity that can power your home or business.
HOW DO SOLAR PANELS WORK?
Solar PV panel “cells” allow particles of light (called photons) to free electrons from their atoms. These electrons then create an electrical current that can be used as power in the form of electricity. Solar panels are individual collections of these cells. When in use, these panels send the electrical current to the appropriate devices so it can be contained, stored, and used by your home or business.
With solar power for your home or business, you no longer depend on coal and other environmentally-hazardous materials for electricity. This drastically reduces your impact on the Earth while reducing America’s dependence on gas, oil, and coal.
SOUTH CAROLINA SOLAR FINANCIAL INCENTIVES & TAX CREDITS
An investment in solar panels can wipe out your monthly energy bill and give your home long-term, sustainable power. As if that’s not reason enough to switch, there are still many other financial incentives for making the transition to solar power in South Carolina — for landowners, homeowners & business owners.
These various incentives and credits make South Carolina home solar panel installation readily accessible to homeowners with an adequate roof and sky access. On top of the incentives made available to the public and the monthly savings on utility costs, the U.S. Department of Energy found that an average-sized residential solar system can add $15,000 to a home’s value. This is the equivalent of about $4 of additional home value for every additional watt of solar power.