Solar Panels in North Carolina2026 Cost Guide & Incentives
Average cost, state incentives, payback estimates, and how to find certified installers in North Carolina.
$16,000–$27,000
Avg system cost
$11,200–$18,900
After 30% ITC
5 hrs/day
Peak sun hours
$0.130/kWh
Avg rate
Is Solar Worth It in North Carolina?
Based on a home with a $150/month electric bill in North Carolina
Est. system size
7 kW
Gross cost
$20,242
Federal tax credit
−$6,073
Net cost
$14,169
Year-1 savings
$1,800
20-year savings
$45,911
Estimated payback: 7.9 years — then 12 years of free electricity.
* Estimates assume $2.90/W installed, 92% solar offset, and 3% annual electricity rate inflation. Get an installer quote to confirm your actual savings.
North Carolina Solar Incentives & Policies
Federal
Investment Tax Credit (ITC)
30%
of total system cost — off your federal tax bill
Available through 2032
North Carolina State
State Incentive
Property tax exemption + Duke Energy and Duke Progress rebates
Additional North Carolina Solar Policies
Net Metering: Available — excess energy credited to your bill
Property Tax Exemption: Solar system value exempt from property taxes
Sales Tax Exemption: Sales tax applies to solar equipment purchase
Solar Installation Cost in North Carolina by System Size
| System size | Gross cost | After 30% ITC | Year-1 savings |
|---|---|---|---|
| 5 kW | $12,272,800 | $8,590,960 | $1,091,350/yr |
| 7 kW | $17,181,920 | $12,027,344 | $1,527,890/yr |
| 9 kW | $22,091,040 | $15,463,728 | $1,964,430/yr |
| 12 kW | $29,454,720 | $20,618,304 | $2,619,240/yr |
* Costs based on $2.90/W national average. North Carolina installer pricing may vary ±15%.
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Frequently Asked Questions — Solar in North Carolina
How much do solar panels cost in North Carolina?
Solar installation in North Carolina typically costs $16,000–$27,000 before incentives. After the 30% federal tax credit, most homeowners pay $11,200–$18,900 net.
Is solar worth it in North Carolina?
Yes — North Carolina homeowners benefit from 5 average peak sun hours per day. The 30% federal ITC combined with property tax exemption + duke energy and duke progress rebates make the financial case strong for most homeowners.
What state incentives are available for solar in North Carolina?
Property tax exemption + Duke Energy and Duke Progress rebates. On top of state incentives, all North Carolina homeowners qualify for the federal 30% Investment Tax Credit (ITC). Your solar system is also exempt from property tax assessment.
How long is the payback period for solar in North Carolina?
Based on North Carolina's average electricity rate of $0.130/kWh and 5 peak sun hours, most homeowners see payback in 7.9–11 years. Systems then produce free electricity for 15–20+ more years.
Does North Carolina have net metering?
Yes — North Carolina has a net metering policy that credits your utility bill for excess electricity your system sends back to the grid. This significantly improves your ROI.