State Overview

South Carolina

National Solar Capacity Ranking: 19th

Data Current Through: Q4 2024

 

South Carolina State Solar Overview

South Carolina is an interesting market, while NEM is a benefit available to energy customers in the state, expanding benefits and the ability to develop solar of all types are a high priority for SEIA and our members. In 2024, SEIA put forth great legislative efforts to work on an omnibus that eventually failed due to inclusion of numerous bad-for-business and consumer policies. SEIA and our members look forward to continuing to advocate for strong solar and storage policies in 2025.

SEIA South Carolina State Policy Priorities

Data References:

SEIA/Wood Mackenzie Power & Renewables, Solar Market Insight 2024 Year-in-Review

IREC, National Solar Jobs Census

Energy Information Administration, Electric Power Monthly

SEIA, What’s in a Megawatt?

SEIA, National Solar Database

Just The Facts

  • Solar Installed (MW):

    2,667

  • National Ranking:

    21st (39th in 2024)

  • Enough Solar Installed to Power:

    325,640 homes

  • Percentage of State's Electricity from Solar:

    3.56%

  • Solar Jobs:

    3,472

  • Solar Companies in State:

    80 (19 Manufacturers, 34 Installers/Developers, 27 Others)

  • Total Solar Investment in State:

    $3.4 billion

  • Prices have fallen:

    42% over the last 10 years

  • Growth Projection and Ranking:

    2,534 MW over the next 5 years (ranks 26th)

  • Number of Installations:

    35,828

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South Carolina State Solar Policy Resources

South Carolina Energy Storage Policy and Market Overview

Grid-scale and hybrid storage systems are gaining traction in the Southeast. South Carolina regulators and utilities are ensuring that policy and procurement strategies favor market growth, reduce economic burdens, and deliver grid reliability to customers.

The 2019, Energy Freedom Act, is the most substantial and influential energy storage, energy efficiency, and renewable energy law in South Carolina. The landmark bill reduces barriers to deploy storage systems, codifies net metering policies for ESS, and requires electric utilities consider energy storage in their IRPs. In addition to codified regulatory adoptions for storage, the state also incentivizes renewable energy and energy storage deployment through a property tax exemption for small scale energy systems (<20 kW-AC).

South Carolina’s energy storage market is growing across the grid-scale and C&I sectors. Ambitious utility action, and state policy and regulations to reduce customer costs are inviting a competitive storage market.

 

South Carolina Energy Storage Policy Resources