Nc Solar Panel Rebates

While north carolina boasts the second most solar capacity in the nation most of that comes in the form of solar farms rows and rows of ground mounted panels mostly on leased farmland.

Nc solar panel rebates.

For homeowners the program offers a 0 60 watt rebate for systems up to 10 kilowatts. 20 mw per year. Non profits can t use the existing tax incentives for solar so this a unique opportunity for non profits. 30 off cost of solar.

Residential and non residential business customer applications for solar rebates have reached the 2019 program capacity limit. Considering installing solar panels at your home in north carolina. Energy rebates are a relatively new offer for north carolina residents. Nc solar incentives first started as a result of house bill 589 in 2017.

See how this one time rebate can make going solar more affordable. 70 off cost of solar. An average 6 kilowatt kw system would be eligible for a rebate of 3 600. All additional residential and non residential business customer applicants will be placed on the waiting list.

With this bill clean energy advocates created a way to incentivize individuals to choose solar in north carolina. Duke s solar rebate initiative part of a wide ranging energy law enacted in 2017 has helped tilt that balance. 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. 10 000 watts x 0 60.

An average sized residential solar. The duke rebate program helps home and business owners in north carolina save thousands on solar installations. Duke energy nc solar rebate program. The bill s purpose is to minimize switching costs by offering local rebates for individuals seeking affordable clean energy.

Therefore making owning solar easier than ever. 100 000 watts x 0 50. Duke energy helps supplement the upfront costs associated with solar. In other words greater savings over the lifetime of your solar panel system.

The residential renewable energy tax credit as the irs calls it can be an attractive way to save on the significant cost of installing solar panels or roofing.