Solar Incentives and Rebates in North Carolina

What’s the Cost of Solar in North Carolina?

Cost of Grid Power

North Carolina's electricity prices average $0.11/kWh, slightly up from last year and below the national average of $0.14/kWh.

Cost of a Solar Install

The average cost of a 5.5kW (equivalent to saving about 100 trees a year) solar power system starts around $12,000 in North Carolina. That system would pay for itself through energy savings within 5.5-7 years. System life can span well over 25 years, and savings will improve with inflation.

Going Solar in North Carolina

More than 10% of the power generated in North Carolina is from renewable sources, three fifths of which comes from solar as of 2019. That year the state ranked second in the nation for total solar generating capacity installed. At this point the state's Renewables Portfolio Standard (RPS) goals have been exceeded. North Carolina's metering policy credits homeowners for any extra electricity their system produces, but those credits do not roll over year-over-year.

What Incentives are Available in North Carolina?

Data from DSIRE. For more info visit: https://www.dsireusa.org/

Resources

• Solarize North Carolina
• NC Sustainable Energy Association