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Solar Panel ROI in Horry County, SC

Is going solar worth it in Horry County? Here are the numbers.

Avg System Cost

$9,400

After Tax Credit (30%)

$6,580

Est. Payback Period

1.4 yrs

25-Year ROI

1700%

Solar Economics in Horry County

Investment Breakdown

System Cost (est.)$9,400
Federal Tax Credit (30%)-$2,820

Net Cost$6,580

Annual Savings

Est. Annual Energy Savings$4,738
Median Home Value$235,000

Median Household Income$59,880

About Horry County, South Carolina

Horry County in South Carolina has a median household income of $59,880 and median home value of $235,000. With an estimated payback period of 1.4 years, solar is a strong investment for homeowners in this area.

These estimates use county-level medians and national averages for solar irradiance. Your actual ROI depends on roof orientation, shading, local utility rates, and available state/local incentives beyond the federal 30% ITC.

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Other Counties in South Carolina

County-level data from U.S. Census Bureau American Community Survey (ACS) 2022 5-Year Estimates. Additional sources: EIA, NREL, DSIRE. Solar cost estimates based on county-level home values and national averages. This is not financial advice.