Net Billing

Net Metering in South Carolina

Current NEM policy, export rates, and impact on solar payback for South Carolina homeowners.

NEM Export Rate

$0.060

per kWh

Avg Retail Rate

$0.134

per kWh

% of Retail

45%

compensation

Policy Status

Active

since 2024-01

System Limit

Up to 25 kW residential

max eligible

NEM Policy Details — South Carolina

How South Carolina compensates your excess solar generation

Net BillingActive

South Carolina transitioned from full NEM to net billing. Duke Energy and Dominion offer reduced export rates. Energy Freedom Act modifications.

NEM Rate$0.060/kWh
Retail Rate$0.134/kWh
Savings Gap-7.4c/kWh
Annual True-UpYes

Source: South Carolina PSC, DSIRE · Effective: 2024-01

Calculate Your NEM Savings in South Carolina

$

NEM Rate Comparison

$0.00South Carolina: $0.060$0.134 (retail)

South Carolina's NEM rate is 45% of the retail electricity rate — significantly below retail, consider self-consumption or battery storage.

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Written & reviewed by

Jeremy Wolfe — Senior Solar Energy Analyst

Jeremy Wolfe is a solar energy analyst specializing in residential photovoltaic economics, federal and state incentive policy, and return-on-investment modeling for homeowners. He leads EnergyTools' solar research program and methodology.

  • 10+ years analyzing residential solar economics and payback modeling
  • Lead researcher for EnergyTools' 50-state solar cost-per-watt database
  • Author of 100+ solar ROI, payback, and incentive analyses

Methodology & data sources:NREL PVWatts, EPA FuelEconomy.gov, state utility commissions— updated 2026.