What is the average cost for solar panels in North Carolina?

What is the average cost for solar panels in North Carolina?

As of October 2021, the average solar panel cost in North Carolina is $2.63/W. Given a solar panel system size of 5 kilowatts (kW), an average solar installation in North Carolina ranges in cost from $11,178 to $15,122, with the average gross price for solar in North Carolina coming in at $13,150.

Is it worth going solar in North Carolina?

North Carolina is an excellent state for solar panel installations. 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.

Is Sunpro a good company?

Sunpro Solar is accredited by the Better Business Bureau (BBB), where it holds an A+ rating. This rating comes from the BBB’s understanding of how the company handles customer complaints. Here’s a sample of the company’s BBB customer reviews: “I would recommend Sunpro Solar over any solar company in San Antonio.

Do solar panels increase home value in NC?

Solar rooftop panels can boost your home’s value and lower an electricity bill. Real estate information provider Zillow found that New Jersey, Pennsylvania and North Carolina offer the highest solar premiums in the country.

Is solar power available in North Carolina?

Solar power in North Carolina has been increasing rapidly, from less than 1 MW (megawatts) in 2007 to 6,152 MW in 2019, and has the second-largest installed PV capacity of all U.S. states. SunEdison built a 17.2-megawatt solar farm in Davidson County.

How to find the best solar installers in North Carolina?

Compare review ratings, review totals and genuine customer feedback to see which contractor is the best fit for your solar project. Solar installers ready to help in nearby locations: We are your solar allies. We provide a transparent and easy shopping process, and promise you’ll have all the information you need to go solar with confidence.

How does solar energy work in North Carolina?

For North Carolina, policymakers have maintained a strong program by compensating excess solar energy at the higher retail rate, rather than the wholesale or avoided cost rate. Two years later, in 2007, North Carolina became passed its Renewable Energy and Energy Efficiency Standard (RESP).

Are there any solar rebates in North Carolina?

The most enticing solar incentive right now for North Carolinians is without a doubt the Duke Energy – NC Solar Rebate Program, which began in 2017. As arguably the top rebate program in the nation, homeowners are eligible for a $0.60/Watt rebate for systems up to 10 kilowatts.

How long do solar panels last in North Carolina?

In North Carolina, the average solar payback period is 11.58 years. Regardless of the exact cost of installation, there are many affordable financing options for solar panel systems. Cash purchases are one common method to pay for solar and often lead to the most long-term value for your money.