Solar panels on a residential home in North Carolina
Solar by StateNorth Carolina
Top 5 Solar State

Solar Panels in North Carolina

Duke Energy's $62M Solar Rebate Program

$1,000/yr

Avg. Annual Savings

5.0 peak hrs/day

Peak Sun Hours

8–11 years

Payback Period

$13,000–$20,000

Avg. System Cost

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Overview

Is Solar Worth It in North Carolina?

Duke Energy of North Carolina has proposed a $62 million solar rebate program designed to help residents with the installation of solar panels on their property. North Carolina has consistently ranked in the top 5 states for total installed solar capacity, driven by strong utility programs and the federal tax credit.

North Carolina homeowners benefit from a combination of Duke Energy rebates, net metering, and property tax exemptions that make solar an increasingly attractive investment.

Benefits

Why Go Solar in North Carolina

Reduce Your Electric Bill

North Carolina homeowners save an average of $1,000/yr after going solar.

Federal 30% Tax Credit

Deduct 30% of your total system cost from your federal income taxes.

Increase Home Value

Solar panels increase your home's resale value — and are excluded from property tax in most states.

Energy Independence

Lock in your electricity rate and protect against rising utility costs for 25+ years.

Available Incentives

North Carolina Solar Incentives & Tax Credits

Duke Energy Rebate Program

Rebate

Duke Energy's proposed $62 million rebate program provides direct rebates to North Carolina residential solar customers, reducing upfront system costs.

Up to $0.60/watt rebate

Net Metering

Net Metering

Duke Energy and other NC utilities offer net metering, crediting residential solar customers for excess energy sent to the grid.

Credits for excess generation

Property Tax Exemption

Tax Exemption

North Carolina exempts 80% of the appraised value of solar energy equipment from property taxes.

80% property tax exemption

Federal Investment Tax Credit (ITC)

Tax Credit

The federal 30% ITC applies to all North Carolina homeowners who purchase their solar system.

30% of system cost

Common Questions

North Carolina Solar FAQ

North Carolina's state solar tax credit expired in 2015. However, the Duke Energy rebate program and federal ITC still provide significant savings for NC homeowners.

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