Is North Carolina the Best State for Solar?
Is North Carolina the Best State for Solar?
Blog Article
If you’re considering making the switch to solar in North Carolina, now is the perfect time! The state offers a variety of North Carolina solar incentives to make going green more affordable than ever.
One of the biggest perks is the Federal Solar Tax Credit, which allows homeowners to claim 30% of solar installation costs on their tax returns. While there’s no specific North Carolina solar tax credit, this federal incentive can nc solar panel program save you thousands. For example, a typical 7 kW solar panel system in North Carolina would qualify for a $6,750 tax credit.
Additionally, Duke Energy’s PowerPair program offers up to $3,600 for solar installations and $5,400 for battery storage, making it easier to offset upfront costs. Plus, the state provides a North Carolina solar property tax abatement, meaning you won’t have to pay extra taxes on the increased home value from your solar system.
For those looking to maximize savings, North Carolina net metering and solar buyback plans allow homeowners to earn credits for excess solar energy sent back to the grid. Dominion Energy customers enjoy full net metering, while Duke Energy users have modified buyback rates.
Looking for the best solar installation company in NC? Solar SME is your go-to choice! As a top solar installer in North Carolina, we provide affordable, high-quality solar and backup solutions to power your home efficiently. Contact us today and start saving with solar!
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