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 Billing Active

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

$0.00 South 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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