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Duke Energy's new $600/kW rebate has just came into affect. With limited funding go solar now!

North Carolina ranks #24 in America for savings from installing solar panels on your home

Solar power in North Carolina

All North Carolina utilities offer net metering or a very simular program for energy sent to their power grid. Duke energy just opened a new rebate program of $600 per kW. On a standard size 6kW system that's $3,600 saved!

The federal ITC will also cover 30% of the remaining system costs, this incentive can be stretched over several years to suit anyones tax liability. Already about 50% of your investment is paid for!

Solar in North Carolina takes about 8 years to pay for itself, while that may seem like a while your power bill will only continue to rise. Solar will still be a lot more profitable than keeping the same amount of money in the bank. Even if you aren't sure where you stand a free estimate by entering your zip code below can never hurt.

 

Estimate your solar savings

 

Solar power in North Carolina

North Carolina solar power facts

$3.50
/watt

Average cost of a 5kw solar power system in 2018
Price shown before incentives

11 Years 1 Month

Average payback time

$34,898

Average lifetime savings
Price shown after repayments of capital


/kWh

levelized cost of solar energy

20¢
/kWh

If you don't get solar
The forecast average utility price over the next 25 years

12,865
kWh

Annual power production

Cash flow graph based on cash purchase of a 9.69kW system

This 9.69kW system would offset 100% of your energy usage if your typical monthly bill in North Carolina is $120, however your situation may vary so try our solar calculator to get a result tailored to you.


Solar companies in North Carolina that provide pricing through the Solar-Estimate marketplace

6


Best solar offers currently available in your city


Solar calculator and quote comparison tool

 

Compare solar quotes from the top solar companies in North Carolina

 

 

 

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How much do solar panels cost in North Carolina

$3.50 per watt

Cash purchased solar system
Before 30% solar tax credit

$3.97 per watt

Financed solar system
Before 30% solar tax credit

N/A cents/kWh

Lease/PPA
Av. 15 year term, 2.5% price escalator
See local solar panel cost data for your city

What are the pros and cons of buying solar panels for your home in North Carolina

Solar power production is fairly strong in North Carolina alongside net metering and the 30% federal tax credit. There isn't really a reason not to go solar.

Incentives do lack slightly in comparison to the past however, solar is still very profitable with time. After your system has paid for itself you can enjoy free power!

Find local city information


Best brands of solar panels

To find the best brands of solar panels you can use America's most trusted solar panel comparison and reviews website, SolarReviews.

However, reviews of solar panels can be a bit meaningless because most consumer owners have not had any issues and so whilst solar company reviews are very important when choosing solar installers they are of less use when choosing solar panels.

For more information to help you make an informed decision about this topic, I would recommend this article about buying solar panels.

 

Unlock live pricing on the best solar panel brands!

 

How much electricity will solar panels produce in North Carolina

Solar panels produce different amounts of energy in different locations.

Around the Charlotte area solar panels installed on a south facing 23.8 degree pitch roof will typically produce:

1,330kWh per year per 1kw of peak DC (direct current) capacity

For more information about how your location, roof direction and roof tilt affects solar power production use the solar panels calculator and enter your zipcode below.

 

See how much electricty your solar panels could produce

I want to buy a solar panel kit and install it myself

Net Metering

Net Metering requires your utility to credit unused solar generation sent to the grid at retail value. Credit is carried forward at retail value to future bills when more energy is exported than drawn to the home in a month. In North Carolina remaining credit at the end of the yearly billing cycle unfortunately disappears without compensation however, atleast wiping out your power bill is made simpler.

The three major Investor Owned Utilities Duke Energy, Progress Energy and Dominion North Carolina Power are required to provide net metering. If you are serviced by a Coop or Municipality you will have to sign an agreement with North Carolina Green Power for $0.06/kWh and another agreement with your power company for on average an extra $0.04/kWh totalling a decent 10 cents per kWh. Your utility will will write you a check quarterly or annually for remaining credit. The average power price in North Carolina is 0.11/kWh meaning payback times on your investment vary little across the state.

 


 

All investor owned utilities servicing 150,000 customers or more will have to offer a rebate program for solar after bill 589 passed on the 1st of january.

Rates for every utility are yet to be determined however, duke energy is currently offering $600 per kW rebate for systems up to 10kW in size.

North Carolina Solar Calculator

Regardless of what you want to know about the economics of installing solar panels for your home or business in North Carolina we have a solar calculator that can show you exactly the information your require.

 

You can either use our full monty solar calculator that shows you everything you could possibly want to know or you can use one of our range of smaller calculators for specific solar calculations that focus on providing you only with the specific information you require.

 


 

What you can find out about installing solar panels in North Carolina using our full monty solar calculator

This solar calculator requires you to input your address, utility company, your average monthly power spend - It tells you:

If you want to see all of the above but also see live pricing, the three best solar deals available in your city and get binding quotes from each of these solar companies then use this solar panels calculator. This calculator requires you to also input your name and contact details because most of our 200+ installer partners will only authorize the sharing of their live solar pricing where we have validated that you are a real homeowner with a home in their service area. We respect the privacy of your data and only share your contact details with the solar companies you ask us to get binding quotes from.

 

Unlock live pricing in your state!

 

Solar calculator

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:
Incentive Name Eligibility Type
Residential Renewable Energy Tax Credit Federal Personal Tax Credit
Duke Energy Solar Rebate Program Utility Rebate Program
Find your local rebates and incentives

Your city may have further incentives to offer. Please keep in mind that the best source of up-to-date information on incentives are the solar installers who specialize in your area.

Useful links

Solar panel installation in North Carolina

https://www.seia.org/state-solar-policy/north-carolina-solar

NC Green Power