Nc Solar Panel Rebates

For homeowners the program offers a 0 60 watt rebate for systems up to 10 kilowatts.

Nc solar panel rebates.

Non profits can t use the existing tax incentives for solar so this a unique opportunity for non profits. The duke rebate program helps home and business owners in north carolina save thousands on solar installations. 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. In other words greater savings over the lifetime of your solar panel system.

100 000 watts x 0 50. The bill s purpose is to minimize switching costs by offering local rebates for individuals seeking affordable clean energy. North carolina s solar rebate program covers all customers of duke and duke energy progress. When the rebate is combined with tax incentives for commercial solar.

All additional residential and non residential business customer applicants will be placed on the waiting list. 10 000 watts x 0 60. An average 6 kilowatt kw system would be eligible for a rebate of 3 600. Therefore making owning solar easier than ever.

Duke energy solar panel rebates duke energy offers rebates to north carolina customers who want to install a solar panel system. Duke energy nc solar rebate program. Duke energy helps supplement the upfront costs associated with solar. Residential and non residential business customer applications for solar rebates have reached the 2019 program capacity limit.

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. An average sized residential solar. 70 off cost of solar. 20 mw per year.

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. Energy rebates are a relatively new offer for north carolina residents. Duke s solar rebate initiative part of a wide ranging energy law enacted in 2017 has helped tilt that balance. 30 off cost of solar.

Nc solar incentives first started as a result of house bill 589 in 2017.