Nc Solar Panel Rebates

70 off cost of solar.

Nc solar panel rebates. For homeowners the program offers a 0 60 watt rebate for systems up to 10 kilowatts. 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. 100 000 watts x 0 50.

10 000 watts x 0 60. Duke energy solar panel rebates duke energy offers rebates to north carolina customers who want to install a 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. Non profits can t use the existing tax incentives for solar so this a unique opportunity for non profits.

North carolina s solar rebate program covers all customers of duke and duke energy progress. The duke rebate program helps home and business owners in north carolina save thousands on solar installations. With this bill clean energy advocates created a way to incentivize individuals to choose solar in north carolina. When the rebate is combined with tax incentives for commercial solar.

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. 30 off cost of solar. 20 mw per year.

Energy rebates are a relatively new offer for north carolina residents. 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. See how this one time rebate can make going solar more affordable. Residential and non residential business customer applications for solar rebates have reached the 2019 program capacity limit.

Duke s solar rebate initiative part of a wide ranging energy law enacted in 2017 has helped tilt that balance. 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 incentives first started as a result of house bill 589 in 2017. In other words greater savings over the lifetime of your solar panel system.

Considering installing solar panels at your home in north carolina.