GO SOLAR

Your Personalized Power Portal

167 Grazing St

Myrtle Beach, SC , 29588

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Your WattBuy Score

Energy Usage

1,422 kWh

CO₂ Emissions

861 lbs

Savings

$0

/mo

To see how much lower your bill could be, clicknext to the energy upgrades below

Your energy costs

Edit or upload bill

Electricity

$243

/mo

Heating

$41

/mo

Gasoline

$364

/mo

Total

$648

/mo

Your energy costs

Edit or upload bill

Total

$648

/mo

Electricity

$243

/mo

Heating

$41

/mo

Gasoline

$364

/mo

Savings

$0

/mo

To see how much lower your bill could be, tapnext to the energy upgrades below

Rooftop Solar

Enjoy renewable energy and lower your bill at the same time with rooftop solar. Rooftop solar systems use the sun's energy to generate electricity, which can help you to save money on your electricity bills and reduce your reliance on fossil fuels. Plus, with federal and state incentives available, installing a rooftop solar system can be a cost-effective investment that pays for itself over time. WattBuy has partnered with EnergySage to help you get the best deal on solar. Visit their website through the link provided to learn more about solar options for your home with zero commitment to buy anything.

The cost of solar in Myrtle Beach

Average solar panel installation

$31,422

Tax Credit

$7,856

Total

$23,566

Average monthly bill without solar

$243

Average monthly bill with solar

$0

Solar will pay for itself in

9 years
sunny

Got questions about solar?

Powered by WattBuy’s data & insights on energy usage, costs, incentives and more. Ask Sunny all your questions about solar panels, whenever you have them.

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Do you own your home?

Yes

No, I rent

Other WattBuy Recommendations for Your Home

Toggle each recommendation on and off to see its impact on your bill, energy usage, and carbon emissions.

Smart Thermostats

Estimated Savings

$26

CO₂ Emissions Reduced

8 lbs

EV Chargers

Estimated Savings

$239

Demand Response

Estimated Savings

$24

CO₂ Emissions Reduced

86 lbs

Smart Plugs

Estimated Savings

$5

CO₂ Emissions Reduced

1 lbs

LED Lightbulbs

Estimated Savings

$10

CO₂ Emissions Reduced

3 lbs

Water Heaters

Battery Backup

Estimated Savings

$96

Understand Your Solar Numbers

Solar costs

The estimated cost to install solar at your house is $31,422. We calculated this because we think your electricity usage for the year is about 17060 kWh, and a 11.22 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.

Current electricity costs

The current electricity costs for Horry Electric Coop Inc are 17¢/kWh. So, by replacing 100% of your usage, you’ll save $2,911 throughout the year. If the costs of electricity stay the same, then your savings will pay for your solar system in 10.79 years. If the costs of Horry Electric Coop Inc electricity rise 3%, then your savings will pay for your solar system in 10.48 years.

Solar production throughout the year

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 1590 kWh in May, to a low of 1180 kWh in December. For the entire year, we estimate that your 11.22 kW sized system would produce 17070 kWh.

Net metering and Incentives

You may be eligible for a state tax credit of 35,000, from the state of South Carolina. The state of South Carolina generally uses Retail Rate (TOU - 903) for net metering. This means that when you produce more electricity than your house uses, the utility will pay you Retail Rate (TOU - 903) for the extra electricity.

Solar in your area

From Department of Energy Data, it looks like 13 homes have installed solar panels in your zip code, 29588. In your city, Myrtle Beach, 26 homes have installed solar panels. And in the state of South Carolina, 1,265 homes have installed solar panels.

Installers

There are 12 solar installers that operate in South Carolina. WattBuy recommends EnergySage.

Available Incentives

Upfront Rebates

EV Charger

Who

Program

Value

Max

Likely

U.S. Internal Revenue Service

Federal 30C - EV Charger Tax Credit

30% of cost

$1,000

—

U.S. Internal Revenue Service

Federal 30C - EV Charger Tax Credit

Value

30% of cost

Max

$1,000

Likely

—

Solar

Who

Program

Value

Max

Likely

South Carolina

Solar Tax Credit

25% of cost

$35,000

—

South Carolina

Solar Tax Credit

Value

25% of cost

Max

$35,000

Likely

—

How We Crunch the Numbers

1
We estimate every home's electricity usage based on data from a number of public and private data sources, including your electricity distributor and the Department of Energy.
2
We overlay key information about where you live, including weather and climate data about your region, and housing data like when your home was built and how big it is.
3
To figure out your home's carbon footprint, we look at how electricity is generated in your state, like whether your electricity is coming more from coal (very carbon-intensive) or wind (carbon-free).

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.