Should you go solar


At Tayco Electric & Solar, we do all our work in house and are committed to delivering the best product on the market, with the best service possible, to make sure every customer has the absolute best solar installation experience. We employ nearly 100 Carolinians, all of whom are devoted to work together to build a better planet for us and our children.

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The benefits & Incentives of solar

At Tayco Electric & Solar, we understand the many benefits of solar panels and solar energy. Our goal is to help homeowners and commercial building owners understand these advantages, including the financial benefits and the positive impact on the environment, and determine if solar energy is right for them. By making the switch to solar, you can make an investment that not only benefits you financially but also sets a good precedent for future generations.


Federal Tax Credit

Investing in solar and batteries can benefit homeowners and businesses by reducing the cost of the system up to 30%, thanks to the current federal tax credit for renewable energy. For example, a $30,000 solar system installation could receive a $9,000 tax credit that will be applied to the income tax liability. While the tax credit requires liability to apply, it offers a significant financial advantage for those who adopt solar energy.

State Tax Credit

State tax credits offer individuals and businesses a financial incentive to install solar panels. Currently South Carolina is offering a state tax credit of 25%. This specific tax credit works very similar to the federal tax credit in the sense that you have to have liability in order to take it. This is the only state level incentive at this time in the Carolinas.

Environmental Impacts

Installing solar panels has a positive impact on the environment. By generating electricity from the sun, solar panels significantly reduce greenhouse gas emissions and contribute to a cleaner and healthier environment. By choosing to install solar panels, you are making a positive impact on the environment and contributing to a sustainable future for generations to come.

Energy Independence from the utility company

Installing solar panels means you generate your electricity, which means you are not as reliant on the utility company for your energy needs. This independence provides peace of mind and is especially beneficial during power outages or when utility prices rise.

REAP Grant

The Rural Energy for America Program (REAP) funds farmers and rural small business owners to assist them in acquiring renewable energy systems, such as solar panels. This subsidy can give rural homeowners and businesses a substantial financial incentive to transition to solar electricity.

Reduced energy costs

Reduced energy costs are one of the most significant benefits of solar panels. When you install solar panels, you generate your electricity, and thus, your electricity bill from your utility company will be greatly reduced. Over time, the cost savings add up, and you can save thousands of dollars on your energy bill. Solar panel installation is a great investment in your home that will result in reduced energy costs and provide financial savings for years to come.

Modified Accelerated Cost Recovery System (MACRS) Depreciation

The Modified Accelerated Cost Recovery System (MACRS) is a tax incentive that allows businesses to deduct the cost of solar panels and other renewable energy installations over five years. This tax benefit gives a significant financial return for firms that engage in solar electricity, helping them to repay their investment faster.

Home resale value

Solar panels canincrease the resale value of your home. Homebuyers are becoming increasingly aware of the benefits of solar panels and are willing to pay a premium for a home with a solar system installed. It is common for homeowners with solar panels to see a significant increase in their home's resale value.

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The Potential Pitfalls of going solar

Although going solar can provide numerous benefits, such as reduced energy costs, energy independence, and environmental impacts, there are also potential pitfalls to consider. Weather dependency, panel degradation, lack of solar access, and lower electricity production during non-optimal weather conditions are all factors that can affect solar panel performance. Furthermore, a poorly installed system can severely impact system performance. One crucial factor to consider is the shading analysis and design. Choosing an installer who is knowledgeable and sets realistic expectations is essential to ensure that you receive the best possible solar experience.


Initial Costs

Installing a solar panel system can be costly and necessitates a substantial initial expenditure. Despite the large long-term financial rewards, this can be an obstacle for some homeowners and small company owners. Installing a solar panel system is not free, nor does the government pay you for it like some ads might suggest.

Weather Conditions

The performance of solar panels can be affected by the weather. Less sunlight penetrates the solar panels on gloomy or rainy days, resulting in decreased energy production. This can make it harder to exploit a solar system's full capability, resulting in reduced energy production and savings. This is a crucial consideration when determining whether to switch to solar energy.


The availability and effectiveness of solar energy depend on the local climate and topography. Cloudy or shady regions may not be suitable for solar panel installations, meaning that certain homeowners and businesses may be unable to utilize solar energy.


Solar panels require routine maintenance and cleaning to guarantee optimal operation. Homeowners and business owners must be willing to devote time and money to upkeep their solar panel systems.


Degradation of solar panels is an additional possible disadvantage of going solar. As solar panels age, their efficiency and performance might decline, resulting in decreased energy generation and a potential investment loss. Investing in high-quality solar panels and servicing them regularly can lessen the impact of degradation and increase the investment's return over time.

Lack of Shade

The sun's light is the primary power source for solar panels. Shade from trees, buildings, or other objects can reduce its efficiency. If a home or company has low shade, it may be challenging to locate an optimal placement for solar panels. This can lower the homeowner's return on investment as well as their capacity to offset their energy expenditures with solar electricity.


industry-leading, complete system warranty.

Making sure you have a great warranty that not only covers the panels, but also any maintenance and repairs that may be needed along your journey is very important. Our warranty covers your complete system installation and equipment.

Power Warranty

Most every panel manufacturer offers a 25 year warranty on power production. Power production warranties are different based on degradation year over year. This is measured as a percentage, so if in year 1 your panels are 100% the warranty guarantees a certain percentage of production year over year with no less than what it states in the warranty in year 25.

Product Warranty

Most every manufacturer offers a warranty on their product. These warranties can range from 5 to 25 years. These warranties cover the hardware involved such as panels, inverter, racking, and monitoring. The length of the warranty on these different products is based on the manufacturer and typically corresponds with the quality of the product.

Labor Warranty

Not all manufacturers offer labor warranties. This covers the cost of labor in the event a power or product warranty is needed. It is important to chose a manufacturer that stands behind their product by offering a labor warranty so that you don't have unforeseen costs down the road.

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frequently asked questions


what should I Look Out For When Talking To Other Companies?

When you talk to other solar companies there are a few things that could be red flags. Steer clear of high-pressure sales tactics and savings that seem too good to be true. Every jurisdiction and home is different so speaking to someone knowledgeable that knows the area and has taken a good look at your home is very important. Research the company, read reviews, and get multiple quotes to make sure you know what you are buying and making a good value investment. Is the company local? Are they doing their own work? These are questions you should be asking.

Does Your Utility Offer A Good Solar Program?

Not every utility offers a favorable solar program, but some of them do. Just because you have a utility that may not have the most desirable program doesn't mean solar isn't an option. We take pride in designing systems that can take advantage of the complexities of a utility program and benefit you.

Will I Save Money Going Solar?

As you generate your own electricity from the sun, going solar will save you money on your electricity cost if it's designed and installed correctly. The amount of money you save month to month or annually will be determined by a variety of factors, including, your current cost for electricity, your location, and the amount of sunlight you receive. Utility rates never go down so the longer you own your solar system the more money you are going to save.

What Are The Incentives Of Going Solar?

Depending on where you live, the incentives for going solar can be different. Currently there is a federal tax credit of 30% which is a non-refundable tax credit meaning you have to have tax liability to take advantage. The only local rebates or incentives we have in the Carolinas is the South Carolina state tax credit of 25%. Non-financial incentives are also a factor you should take into account. Energy independence, environmental, and having clean energy to charge that EV.

How Much Does Solar Cost?

Solar costs vary based on things like how much energy you need, the size of the solar system, the complexity of the project, and the quality of equipment that will be installed. There is no set answer for one person, we all use energy differently and have different goals. Quality, Service, and Price equals cost.

How Long Do Solar Panels Last?

Solar panels actually have a longer life than you'd think. Typically a panel has a useful life of 40-50 years with a 25 year power production warranty. It's important to keep in mind that a solar panel's actual life span will depend on the quality of the equipment and how well it's installed.

How Many Solar Panels Do I Need?

The answer to this is going to be determined by how much energy you use, how much useable space you have on your roof, the amount of solar access you have, and your utility program. Every home will be different in regards to how it is insulated, how many people are living in it, and how it uses gas versus electricity.

How Long Does A Solar Installation Take?

Depending on the size and complexity of the system the physical install should only take one to three days. However, before a physical install can happen there are important milestones that must take place. The entire process usually takes 6-12 weeks. Often times the largest delay in the process is after the installation takes place and the system has to be inspected by your county or city before they can notify the utility company. If something isn't done right and the system can't pass inspection, corrections will need to be made and strong relationships and knowledge of different jurisdictions can be a make or break on how quickly you can turn your system on after it's installed.
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Our Commitment To You

At Tayco Electric & Solar, we do all our work in house and are committed to delivering the best product on the market, with the best service possible, to make sure every customer has the absolute best solar installation experience. We employ nearly 100 Carolinians, all of whom are devoted to work together to build a better planet for us and our children.

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