Solar power in Charlotte, North Carolina
Duke Energy provide net metering to their Charlotte customers. Each kWh of exported energy is valued at the retail rate. When more energy is sent to the grid than drawn within the month credit is carried over to future bills. Sadly remaing kWh at the end of the billing year expire without compenation.
Duke also provide a $600/kW limited availability rebate for solar systems up to 10kW in size (see an installer for details). After claiming utility incentives 30% of the remaining costs can be claimed as a deduction to federal taxes, this incentive can be used in increments.
With 50% of costs covered and ongoing net metering credit there has never been a better time to go solar. Don't wait for these incentives to expire, get a free estimate by entering your zip code below!
Even if you are not convinced about solar we recommend that at the very least you use the solar panel calculator for Charlotte to find out:
- How many solar panels you need to cover your power bill;
- How suitable your house is for solar;
- What incentives your house may be eligible for;
- The cost of solar panel installation in Charlotte and whether you are eligible for zero down solar deals; and
- Your likely payback period and return on investment from installing solar
Estimate your solar savings
The average cost of installing residential solar panels in Charlotte, North Carolina in 2020 is $2.58 per watt. The average system size in the US is 6 kilowatts, which means the average price of a solar system in Charlotte, NC is $12,900. (before claiming 26% tax credit and other rebates)
What does the cost of a real solar system look like?
Facts about installing a 11.03kW solar system in Charlotte, NC
This system would offset 100% of your energy usage if your typical monthly bill is $168, however your situation may vary so try our Charlotte solar calculator to get a result tailored to you.
Net cost of system
Cash - after 26% solar tax credit
8 Years 2 Months
Average payback time
Annual power production
levilized cost of solar energy
If you don't get solar
The forecast average utility price over the next 25 years
Cash flow graph based on cash purchase of this 11.03kW system
Life-time savings on this system over the next 25 years
(Prices shown after repayments of capital)
Solar companies in Charlotte, NC that provide pricing through the Solar-Estimate marketplace
Average total cost of solar panel installation in North Carolina
|System Size||Cash purchase
After 26% solar tax credit
After 26% solar tax credit
Going solar in North Carolina
Check out all of the ways energy providers of North Carolina can help you be more energy efficient and save money.
The following programs are available:
Please keep in mind that the best source of up-to-date information on incentives are the solar installers who specialize in your area.