Solar Power Rebates North Carolina
North carolina is an excellent state for solar panel installations.
Solar power rebates north carolina. The old north state is becoming the new solar state. North carolina s solar rebate program covers all customers of duke and duke energy progress. This places the tar heel state well ahead of much bigger states like texas and florida which is no small feat. The program provides rebates of 60 per watt for homeowners so a typical 5 kw system at an average cost before rebate of 3 per watt would cost around 12 000 instead of 15 000.
The federal solar investment tax credit itc provides up to a 26 credit for qualified homeowners. Here s an amazing fact. North carolina homeowners are switching to solar with 0 up front solar is more popular than ever in the tar heel state thanks to a long overdue 2017 law authorizing solar leasing allowing homeowners more opportunity to move to solar energy. Aside from the power output of the solar equipment you choose to install the amount of energy you generate with solar panels in north carolina is directly related to the amount of sunlight that hits your panels.
A combination of high sun exposure the federal tax credit net metering plus local and utility incentives means that homeowners get a great return on investment by installing residential solar panels in the tar heel state. Good news for energy conscious homeowners in north carolina this state ranks in the top half of all us states for average peak sun hours which will be sure to help your panels rack. For homeowners the program offers a 0 60 watt rebate for systems up to 10 kilowatts. North carolina solar power overview.
Benefits of solar power in north carolina north carolina homeowners who add solar energy can take advantage of federal state and local programs to alleviate some of the cost. An average 6 kilowatt kw system would be eligible for a rebate of 3 600. See how this one time rebate can make going solar more affordable. Nc solar rebate program for homes.
Considering installing solar panels at your home in north carolina. North carolina is the 2 state for solar in the us with enough installed solar capacity to power nearly 700 000 homes.