Solar in Myrtle Beach, SC
With Horry Electric Cooperative's electricity at about 14.3¢ per kWh and 1,503 kWh of sun per kW, solar is worth it for a typical Myrtle Beach home today: about a 12.2-year payback.
- Payback, typical home
- 12.2 yrsSouth Carolina: 11.8 yrs
- 25-year net
- $20,472after paying $16,660
- Sun
- 1,503kWh per kW per year
- Electricity
- 14.3¢20% below U.S. average
A typical Myrtle Beach home, by the numbers
| Utility | Horry Electric Cooperative |
|---|---|
| Electricity use | 1,072 kWh a month |
| Best-value system | 6.8 kW, about 16 panels, 10,218 kWh a year (79% of use) |
| Cost | $20,160, or $16,660 after state incentives |
| First-year savings | $1,444 |
| Payback | 12.2 years |
| Exported power | Net billing (reduced export credit) (South Carolina rule) |
Cash purchase, no federal credit, 1.9% yearly rate increases. Run it with your own numbers.
Homes in Myrtle Beach
- Owner-occupied homes
- 61%
- Single-family detached
- 38%
- Median home value
- $389k
- Median year built
- 1994
- Population
- 38,371
- Roofs suitable for solar†
- 86%
Census ACS 2020–2024. †Share of 10,595 buildings Google Project Sunroof rated technically suitable (2019 snapshot).
Installers working in Myrtle Beach
Public installation records for South Carolina don't name installers, so we can't rank local companies here. Browse installers in South Carolina.
Always verify the license and get at least three quotes. Compare quotes side by side.
Questions about solar in Myrtle Beach
Is solar worth it in Myrtle Beach, SC?
For a typical home in Myrtle Beach, solar is worth it at 2026 prices: a 6.8 kW system costs about $16,660 after state incentives, saves about $1,444 in year one and pays back in about 12.2 years. Enter your address for an estimate based on your roof and bill.
How much solar power does a system produce in Myrtle Beach?
About 1,503 kWh per year for each kW of panels on a south-facing roof, based on PVWatts and local weather. That's 3% more than the South Carolina average. East- or west-facing roofs produce roughly 10–20% less.
Who is the electric utility in Myrtle Beach?
Most homes in Myrtle Beach are served by Horry Electric Cooperative, at about 14.3¢ per kWh on average. Some areas are served by South Carolina Public Service Authority.
How much do solar panels cost in Myrtle Beach?
A fair cash price is around $2.95 per watt before incentives, so about $20,160 for a 6.8 kW system. There's no federal tax credit for homeowners who buy in 2026.
Nearby
- Carolina Forest 12.4 yrs
- Conway 12.5 yrs
- Florence 11.7 yrs
- Goose Creek 11.2 yrs
- Mount Pleasant 10.6 yrs
- North Charleston 11 yrs
- Charleston 10.8 yrs
- Sumter 11.6 yrs
- All of South Carolina
Data: PVWatts (National Laboratory of the Rockies), EIA-861 2025 adjusted to 2026, U.S. Census ACS, LBNL Tracking the Sun, state policy research as of October 2026.