Mortgage Broker in Isle of Palms, SC

Updated: Oct. 24, 2024 at 8:32 PM PDT

ISLE OF PALMS, S.C. (WCSC) - The Isle of Palms is putting 44 solar panels on its public safety building thanks to a state grant that will pay for the installation, saving the city money on its electric bill and creating a reliable energy source.

“We have a resident committee that’s an Environmental Advisory Committee, and they may periodically look at initiatives that we may want to do around the island, and this is one of them, to turn our public works building into a solar-powered facility,” Mayor Phillip Pounds says.

A state grant of $67,000 will cover the purchase and installation costs. Climate and Energy Program Director at the Coastal Conservation League, Taylor Allred says the state funding project is new. He’s excited to see the town taking advantage of it and to see how many others do as well.

“My reaction is that it’s great news. You know, I think that we want to see as much of that as possible. Municipalities should take note across the state and follow suit. It’s a great deal for taxpayers, and it’s a great opportunity to help clean up the grid and save a little bit of money in municipal operations while doing it,” Allred says.

The installation projects will reduce the monthly electric bill for the building from more than $3,000 to about $600 a month. Factoring in the 30-year life span of the panels, and the needed upkeep, the town anticipates this will create about $9,000 in savings over the 30-year life span, on top of the installation being paid for by the state grant. All savings will go back into the town’s general fund.

“We can use it for foot bridges or different things on the island. I mean, $9,000 is not enough to do too much of a project. But, you know, it might be hiring another person, a piece of another person, or giving somebody an additional raise that we may not be able to do with these,” Pounds says.

Allred notes saving a little money is a perk, but there are other benefits to diversifying energy like reliability.

“It definitely offers a lot of potential reliability benefits. Having more distributed generation resources like solar energy can help to provide backup power in the event of disasters like a hurricane, and I would love to see more projects done that incorporate microgrid designs that can incorporate solar and battery storage to be able to keep an area powered, while maybe there are disruptions across the larger grid” Allred says.

The town awarded work for the project to Alder Energy Systems. The company did the installation of panels on the James Island Town Hall, Cultural Center and Fire Station One. Alder has experience installing panels on private businesses across South Carolina as well as other municipalities. City staff explain the project is a win because the state is incentivizing the installation with grants, but it would be hard to invest in solar on their own.

According to state data compiled by the Coastal Conservation League in 2015, solar generation made up only .01% of overall net generation in SC. In 2023, solar grew to well over 3%. Allred calls that a major jump and he’s encouraged to see the investment. South Carolina ranks 19th in the county for total solar installations.

“Solar also creates a lot of jobs and economic growth in the state. There are about 3,500 jobs in South Carolina in the solar industry across about 90 companies, including 21 manufacturers, that are here in the state. And overall, there have been about $3.3 billion of capital investment in solar in South Carolina today,” Allred says.

Isle of Palms approved the contract to Alder to do the solar installation at the public works building. The project is expected to take about 3-4 months including pre-planning. A start day and construction time frame have not yet been set.

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