Commercial · 2026
What commercial solar costs and saves in South Carolina this year — built on the state's real 12.13¢/kWh rate and net billing rules.
Avg electricity rate
12.13¢/kWh
Net metering
Net billing
Federal status
48E applies
Verified 2026-06-26 · source
In South Carolina, the average commercial electricity rate is about 12.13¢/kWh — below the U.S. average of roughly 17.6¢. Because a solar system's payback is driven mostly by the utility rate it offsets, South Carolina's low rates make business solar a longer-term play that hinges on incentives and rising rates in 2026.
South Carolina uses net billing — exports are credited below the retail rate. That lengthens payback versus full net metering and makes pairing solar with a battery (to use more of your own production) materially more attractive.
Businesses use the Section 48E commercial credit (≈30%, up to ~50% with adders) plus first-year bonus depreciation — together typically recovering ~45–55% of project cost. Construction-start timing matters; verify before acting.
For a typical South Carolina business spending about $1,500/month on electricity, our model estimates a 105.99 kW system costing roughly $153,711 after incentives, paying back in about 8.5 years, with on the order of $296,270 in 25-year savings. These are estimates built from South Carolina's real electricity rate — get a quote to confirm your numbers.
Businesses in South Carolina should weigh construction-start timing for the commercial credit and confirm whether the project qualifies for the domestic-content or energy-community adders, which can lift the credit toward 50%.
Estimates only — not tax, financial, or legal advice. Verify all incentives and savings with a qualified professional before acting.
Yes — South Carolina businesses use the commercial pathway: the Section 48E credit (≈30%, up to ~50% with domestic-content and energy-community adders) plus first-year bonus depreciation.
South Carolina uses net billing (exports below retail). That affects how the power you export is credited and, in turn, your payback — full retail-rate crediting is most favorable, while net billing makes pairing solar with a battery more attractive.
At about 12.13¢/kWh, South Carolina's commercial electricity rate makes a longer-term case for solar economics in 2026. Run your address through the calculator above for a source-backed estimate of system size, net cost, and payback.
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