SolarCity Corporation announced that it has launched residential solar service in South Carolina. The nation's number one solar power provider will make it possible for many local homeowners to immediately pay less for solar each month than they previously paid for utility bills and be eligible for thousands in additional dollars from applicable tax credits.
SolarCity expects to open a local operations installation center in the Charleston area at the end of October, and is actively hiring solar installers and salespeople now.
SolarCity's expansion into South Carolina is due in large part to the introduction of a new solar loan earlier this summer. SolarCity offers residents the option to choose 10-year or 20-year loan options or purchase their systems outright. All options include design and local installation, monitoring and a performance guarantee. The loans allow customers to prepay their entire balance or a portion of their loan to lower their monthly payments at any time, with no fees or penalties. SolarCity will also provide and install a Nest Learning Thermostat at no additional cost for qualifying customers.