For homeowners the program offers a 0 60 watt rebate for systems up to 10 kilowatts.
Solar panels nc cost.
How long does it take to earn back your initial investment in solar panels.
How does system size impact the cost of solar.
The average cost of a solar panel installation in north carolina ranges from 11 602 to 15 698.
First subtract your energy bill savings of 686 reducing your year 1 investment to 15 564.
Duke energy will provides their charlotte customers 0 60 per watt of solar they install up to 6 000.
This incentive can drastically cut down on what you pay to install solar.
How much do solar panels cost in north carolina.
However solarreviews handles more than 1 000 quote requests per day and the current average price we see on our marketplace is 2 55 per watt.
The 26 federal solar tax credit explained.
The most recent official data from the doe funded lawrence berkeley labs published in september 2019 found that the median cost of residential solar panels is 3 70 watt.
Knowing the average cost per watt is helpful but what does 2 91 watt actually mean for you.
Installing a typical 5 kw solar system should start at about 16 250.
Given a solar panel system size of 5 kilowatts kw an average solar installation in north carolina ranges in cost from 11 602 to 15 698 with the average gross price for solar in north carolina coming in at 13 650.
As of sep 2020 the average cost of solar panels in north carolina is 2 49 per watt making a typical 6000 watt 6 kw solar system 11 038 after claiming the 26 federal solar tax credit now available.
Duke energy offers rebates to north carolina customers who want to install a solar panel system.
An average 6 kilowatt kw system would be eligible for a rebate of 3 600.
On a cost per watt w basis a solar panel installation in north carolina ranges in price from 2 32 to 3 14.
As of september 2020 the average solar panel cost in north carolina is 2 73 w.
Usually range from 11 144 to 14 696 after solar tax credits and the average price per watt for solar panels ranges from 2 51 to 3 31.
The cost of solar panels to power your house are 4 to 10 per square foot.
This is lower than the average price of residential solar power systems across the united states which is currently 2 53 per watt.
Here s how the numbers work for a north carolina solar purchase of a 5 kw rooftop solar system.
Below are cost estimates based on home size.
With energy prices on the rise this may be the perfect time.
Solar panel costs for an average sized installation in the u s.