Charleston, S.C.-based Southern Current, in partnership with the Coastal Carolina Flea Market and South Carolina Electric & Gas (SCE&G), recently completed a solar project at the flea market, located in Ladson, S.C. The 228.47 kW installation features 737 roof-mounted solar panels and 18 inverters, and it is expected to offset 82% of the market’s current electrical costs.
“The Coastal Carolina Flea Market project was very inspiring for me,” said Greg White, chief construction officer of Southern Current. “To have a local customer recognize the value of solar energy and get the opportunity to partner with SCE&G on the project helped demonstrate what is possible for residents and businesses across South Carolina.”
Dan Davis, president of Coastal Carolina Properties, the company that owns and operates the Coastal Carolina Flea Market, was intent on owning the panels himself, instead of leasing. Although the investment had a steep up-front cost, Southern Current expects the system to generate $45,000 annually for Davis.
“First and foremost, this was a smart business decision for me, I’m saving money while reducing my carbon footprint,” said Davis. “I wanted to own the panels so I could receive all of the benefits of ownership. This month, I saw a 34 percent savings on my bill and the panels had only been installed and operating for half of the billing cycle.”
Southern Current completed the installation with help from SCE&G.
“This project is very unique,” said Daniel Kassis, vice president of renewables at SCE&G. “To date, this is going to be the largest privately owned, self-financed solar installation on our grid that utilizes the SCE&G bill credit incentive.”
Patricia Pierce, executive director of the South Carolina Clean Energy Business Alliance, commented, “It is this type of partnership and collaboration that SCCEBA hopes will serve as a positive example to other businesses considering clean energy investments. The Coastal Carolina Flea Market project demonstrates that solar investments can improve a company’s bottom line while also helping meet overall sustainability goals.”