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SCE&G (Dominion) is changing their 1-1 buyback rate.  All solar applications received after May 3 will be compensated at significantly reduced buyback rates.

 

If you ever thought solar was going to be cheaper in the future, it might be time to reconsider that forecast.

 

Tax incentives are going away and 1-1 net metering is now going away.  Any perceived future lower equipment costs by holding out will not even come close to losing out on both these HUGE financial benefits.  Don’t miss out on this opportunity to save money by simply refusing to act on the government’s offer in a timely manner.

 

Based off of 6+ years in the industry in multiple markets, I’m trying to be clear in telling you

 

 

Thankfully, they are still allowing a small window of time for you to get “grandfathered” in under the 1-1 net metering policy.  If you submit your application before May 3, you will get grandfathered into the existing buyback policy and you will still be eligible for the highest solar tax incentives in SC history.

 

I’ll give you a quick analogy hopefully I can relate…

 

If you were ever an AT&T customer in the past, remember the time when people were so happy that they got grandfathered into the unlimited data plan, instead of paying ever rising data rates based off of usage?  Maybe you are even one of the lucky ones to still be on one of those older plans?  Or maybe you have a legacy checking account with no monthly fees at your local bank (and the banker that you trust tells you to never upgrade that account).  Well, that’s pretty much what’s going on here.

 

Find out more details about the SCE&G Net Metering Cap Notification and May 3 Deadline here: https://www.sceg.com/docs/librariesprovider5/pdfs/nem_cap_notification.pdf

 

Your family deserves to get all the answers in order to make the best possible decision.  If you have a question about this or anything else solar related, my door is always open to you.  See contact info below.

 

Let the sun power your day.

 

Jon