$172
1,113 kWh
711 lbs
Average solar panel installation
$24,616
Tax Credit
$6,154Total
$18,462
Average monthly bill without solar
$172Average monthly bill with solar
$0Solar will pay for itself in
9 yearsPowered by WattBuy’s data & insights on energy usage, costs, incentives and more. Ask Sunny all your questions about solar panels, whenever you have them.
Ask Sunny anything (about solar)Yes
No, I rent
Toggle each recommendation on and off to see its impact on your bill, energy usage, and carbon emissions.
The estimated cost to install solar at your house is $24,616. We calculated this because we think your electricity usage for the year is about 13360 kWh, and a 8.79 kW size solar system on your roof would replace 100% of your usage. We are using an estimated cost of $2.80/W, which we get from Energy Sage.
The current electricity costs for Horry Electric Coop Inc are 15¢/kWh. So, by replacing 100% of your usage, you’ll save $2,058 throughout the year. If the costs of electricity stay the same, then your savings will pay for your solar system in 11.96 years. If the costs of Horry Electric Coop Inc electricity rise 3%, then your savings will pay for your solar system in 11.61 years.
Solar installed at your house would generate different amounts of electricity during different months. We estimate that your production would vary from a high of 1250 kWh in May, to a low of 960 kWh in December. For the entire year, we estimate that your 8.79 kW sized system would produce 13360 kWh.
You may be eligible for a state tax credit of $35,000, from the state of South Carolina.
From Department of Energy Data, it looks like 7 homes have installed solar panels in your zip code, 29576. In your city, Murrells Inlet, 3 homes have installed solar panels. And in the state of South Carolina, 1,265 homes have installed solar panels.
There are 12 solar installers that operate in South Carolina. WattBuy recommends Palmetto, EnergySage, and RGR Marketing.
Using this data-driven approach, we have created a machine learning model that can estimate electricity usage and carbon footprint for every home in the US. We then use this information to recommend the best options for you, so you can feel good that WattBuy is recommending something truly personalized.
Our electricity estimations are trusted by our partners at The Department of Energy's National Renewable Energy Laboratory, as well as many of the biggest consumer brands in the world.