South Carolina Public Utilities-Electrical

License Requirements

Please note that the South Carolina Business and Law exam as well as the South Carolina Public Utilities - Electrical exam is required to be passed to obtain your contractors license.

Financial requirements:

All licenses that fall under the category of General Contractor are divided in five financial categories based on net worth:

• Group 1 – Allows for jobs of $50,000 or less, applicants must submit a self-prepared financial statement showing a net worth of at least $10,000.
• Group 2 – Allows for jobs of $120,000 or less, applicants must submit a self-prepared financial statement showing a net worth of at least $40,000.
• Group 3 – Allows for jobs of $500,000 or less, applicants must submit a financial statement that has been compiled or reviewed by a CPA showing a net worth of at least $100,000.
• Group 4 – Allows for jobs of $1,500,000 or less, applicants must submit a financial statement that has been compiled or reviewed by a CPA showing a net worth of at least $175,000.
• Group 5 – There are no financial limits on the size of job allowed, applicants must submit an audited financial statement that has been prepared by a CPA showing a net worth of at least $250,000.

  Experience required:

• Within the past five years, contractor must show two years of actual work experience as a full-time employee in the desired classification. Only commercial experience is accepted.