About the New Legislation in South Carolina:
South Carolina had caps on the amount of rooftop solar allowed in areas served by certain utility companies. Now, there are no more caps!
Net Metering: Get paid 1-to-1 on the excess energy you produce. Nothing goes to waste and your return on investments go up!Sen. Tom Davis of Beaufort said R-Beaufort said:
“Solar power gives people the freedom to produce some of their own energy, without relying on big utilities. It’s an important piece of Legislation. We have historically relied upon an energy production model that has a utility with a territorial monopoly and has not had competition in the energy production sector. What this is, is a small step toward having markets determine what the cost of energy will be to the consumer.’’
Read more about the legislation here