Residential Financing, Incentives, and Tax Credits
$0 Down Finance Options
Southern Current offers a number of options for homeowners looking to finance their residential solar project. Our $0 money down financing options allow our customers to take advantage of decreased energy costs without the upfront cost of installing solar.
Contact us if you have any questions about financing your residential solar project
26% Federal Solar Tax Credit
The US federal government offers a tax credit to both home and business owners who install solar power. A tax credit worth 26% of the total system cost and installation is available. If the federal tax credit exceeds tax liability, the excess amount may be carried forward to the succeeding taxable year.
NOTE: This tax credit is likely to step down AGAIN.
25% South Carolina Tax Credit
The state of South Carolina offers an additional tax credit for home and business owners who go solar. The South Carolina solar tax credit is worth 25% of the total cost including installation. The maximum incentive for the SC state tax credit is $3,500, or 50% of taxpayer’s tax liability for that taxable year, whichever is less. This credit has no expiration date and any excess credit may be carried forward up to 10 years
Battery Storage Solutions
Southern Current is committed to working with South Carolina customers to meet your energy goals, including battery backup.
Combine Tesla Powerwall and solar panels to power your home 24/7, even when the grid goes down. Installing Powerwall with Southern Current is easy. We take care of everything from system design, permitting, installation, and financing.
Contact Us To Learn More