North Carolina Solar Panels
In This Guide
- 01 Solar Energy in North Carolina
- 02 Solar Cost Calculator
- 03 North Carolina Reviews
- 04 Key Takeaways
- 05 North Carolina Electricity Prices
- 06 North Carolina Solar Incentives
- 07 North Carolina Solar Production
- 08 Solar Installations in North Carolina
- 09 Leasing Solar Panels
- 10 Frequently Asked Questions
Solar in North Carolina
North Carolina electricity prices have risen 24% from 2020 to 2024 — and many homeowners are looking for a smarter, more stable way to power their homes. If you’re considering solar panels for your home, you’re in the right place.
This guide covers what you need to know about solar installation in North Carolina — from how the process works to what it costs — so you can make a confident, informed decision.
North Carolina Solar Panel Cost
Wondering what solar actually costs in North Carolina? This calculator uses real installation data from Palmetto customers across NC — from Charlotte and Raleigh to Asheville and Wilmington — to show you two options: a monthly lease payment through our LightReach program (no upfront cost required) or a full cash purchase estimate.
System
- No upfront investment
- Palmetto handles all maintenance
- 90% Production Guarantee
- Comprehensive protection program included
Key Takeaways
- North Carolina electricity prices have risen 25% since 2021 — making solar a smart way to stabilize your monthly energy costs.
- Palmetto’s LightReach lease lets you go solar for as low as $95/month — no upfront cost, no maintenance, and a 90% Production Guarantee.
- North Carolina offers valuable solar incentives like Duke Energy’s $9,000 PowerPair rebate and a full property tax exemption on your solar system.
Looking for More Detailed North Carolina City Guides?
Explore our comprehensive solar guides for major cities across North Carolina to find location-specific information on incentives, installers, and solar potential.
Asheville, NC
Asheville, NC
Charlotte, NC
Charlotte, NC
Fayetteville, NC
Fayetteville, NC
Greensboro, NC
Greensboro, NC
Greenville, NC
Greenville, NC
Hickory, NC
Hickory, NC
Raleigh, NC
Raleigh, NC
Wilmington, NC
Wilmington, NC
Winston-Salem, NC
Winston-Salem, NC
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Learn MoreNorth Carolina Electricity Prices
North Carolina electricity prices have risen 25% since 2021 — and homeowners are looking for a smarter, more stable alternative.
The average NC rate climbed from 11.3¢ per kWh in 2021 to 14.1¢ in 2024 — still below the national average, but rising fast. That trend shows no signs of slowing down.
Solar panels can offset a significant portion of your home’s electricity use, helping reduce your dependence on the grid and shield your household from future rate increases.
With Palmetto’s LightReach program, you can go solar with no upfront cost. You pay a low, fixed monthly rate — and Palmetto owns, monitors, and maintains the system for you.
Price of Energy: North Carolina vs National Average
North Carolina Area Utility Providers
Most North Carolina homeowners get their electricity from Duke Energy Carolinas, Duke Energy Progress, EnergyUnited, or Dominion Energy. In 2023, their rates ranged from 11.7¢ to 14.2¢ per kWh — all below the national average of 16.0¢.
While these rates beat the national average, they sit at or above North Carolina’s 2023 state average of 12.9¢ per kWh — and electricity prices across the state have climbed 24% since 2020, with no signs of stabilizing.
That steady upward trend is why many NC homeowners are turning to solar. With Palmetto’s LightReach program, you get a fixed monthly payment, no upfront cost, and no maintenance worries — reducing your exposure to rising utility rates.
North Carolina Utilities Electricity Rates
North Carolina Solar Incentives
North Carolina homeowners have access to several solar incentives in North Carolina — from utility rebates to property tax protections — that can meaningfully reduce the cost of going solar.
Duke Energy’s PowerPair rebate offers up to $9,000 for qualifying solar and battery systems. North Carolina also exempts solar installations from property tax increases, and net metering programs let you earn credits for excess energy sent to the grid.
The federal 30% residential tax credit was eliminated in 2025. State and local incentives still apply. With a Palmetto LightReach lease, those commercial savings are passed directly to you.
| Incentive | Type | Description | Source |
|---|---|---|---|
| Duke Energy PowerPair Program | Rebate | Duke Energy offers a one-time rebate of up to $9,000 for North Carolina homeowners who install a qualifying solar + battery storage system through a Duke Energy Trade Ally. | Learn More |
| Duke Energy EnergyWise Home / Power Manager (Virtual Power Plant) | Rebate | Duke Energy offers monthly bill credits of up to $92/month ($1,100/year) to battery storage owners who enroll in its Virtual Power Plant program and allow the utility to access stored energy during grid events. | Learn More |
| North Carolina Solar Property Tax Exemption | Property Tax Exemption | North Carolina exempts residential solar energy systems from property tax increases, meaning the added home value from a solar installation is not subject to additional property taxes. | Learn More |
| North Carolina Net Metering (Duke Energy & Dominion Energy) | Net Metering | North Carolina utilities offer net metering programs that credit solar customers for excess electricity exported to the grid, though Duke Energy’s program is transitioning to new rate structures with additional fees for customers who installed after July 1, 2023. | Learn More |
| NC-RETS Solar Renewable Energy Certificates (SRECs) | SREC | North Carolina solar system owners can register with the NC Renewable Energy Tracking System (NC-RETS) to generate and potentially sell Renewable Energy Certificates (RECs) for each megawatt-hour of solar electricity produced. | Learn More |
| EnergizeNC – Solar for All Program | Rebate | EnergizeNC is a $156 million EPA-funded Solar for All program targeting low-income North Carolina households for subsidized rooftop solar and battery storage installations, though the program is currently paused pending federal funding review. | Learn More |
| City of Asheville Solar Building Permit Rebate | Rebate | The City of Asheville offers a $50 rebate on building permit fees for homeowners and businesses that install solar panels. | |
| USDA Rural Energy for America Program (REAP) | Tax Credit | The USDA REAP program provides grants and loan guarantees to agricultural producers and rural small businesses in North Carolina to help finance solar energy system installations. | Learn More |
The Duke Energy PowerPair program provides a one-time installation rebate for North Carolina homeowners who pair a new solar panel system with a battery storage unit. The incentive pays $0.36 per watt-AC for solar installations up to 10 kW-AC (up to $3,600) and $400 per kWh for battery storage up to 13.5 kWh (up to $5,400), for a combined maximum rebate of $9,000. For example, a 7 kW solar system paired with a 13.5 kWh Tesla Powerwall would earn approximately $7,920.
To be eligible, you must be a homeowner and a customer of either Duke Energy Carolinas or Duke Energy Progress in North Carolina. The system must be installed by a Duke Energy Trade Ally, and you must apply for a new solar installation (no additions to existing systems). Applications must be submitted within 90 days of the system’s commercial operation date. Enrollment is first-come, first-served, and capacity is limited — Duke Energy Progress has already reached capacity, and Duke Energy Carolinas has limited remaining slots.
Participants must maintain enrollment in the Residential Solar Choice Rider for 24 months and provide Duke Energy with internet-connected access to system operating data. The program is a three-year pilot, so available capacity may be exhausted at any time. Contact Duke Energy at [email protected] or visit the official program page to check current availability and apply.
Duke Energy’s EnergyWise Home (Duke Energy Progress) and Power Manager (Duke Energy Carolinas) programs are Virtual Power Plant (VPP) programs that reward homeowners with qualifying battery storage systems for allowing Duke Energy to temporarily draw on their stored energy to support the grid. Enrolled customers can earn up to $92 per month, or approximately $1,100 per year, in bill credits. PowerPair customers who also enroll in EnergyWise Battery Control receive an additional monthly credit — roughly $37/month ($442/year) for a 10 kWh battery system.
To participate, you must have an approved battery storage system (eligible brands include Enphase, FranklinWH, SolarEdge, and Tesla), maintain a reliable internet connection, apply for interconnection, and agree to participate for a minimum of one year. Duke Energy will access your battery a minimum of 30 and maximum of 36 times per year. You will be notified before each event and may opt out of up to four events per year while still receiving bill credits.
This program is ongoing and available to Duke Energy residential customers in North Carolina with qualifying battery storage systems. It is an excellent way to generate ongoing savings from a battery investment, on top of any one-time rebates received through the PowerPair program.
North Carolina law provides a property tax exemption for solar energy systems, ensuring that homeowners do not pay higher property taxes as a result of the increased home value that comes with installing solar panels. For residential systems that are not used to generate income or connected to a business, the exemption is 100% of the added value — meaning the solar system adds zero taxable value to your property assessment.
For commercial properties or systems used in connection with a business or income generation, the exemption covers 80% of the system’s appraised value, so only 20% of the added value is subject to property taxation. This makes solar financially attractive for both homeowners and business owners across the state.
Residential non-business properties generally do not need to file an application to claim this exemption. However, if your property does not clearly fall under the non-business residential category, you may need to submit the AV-10 form through the North Carolina Department of Revenue (NCDOR). Check with your local county tax office to confirm how the exemption is applied in your area, as administration can vary by locality.
North Carolina offers net metering to residential solar customers, allowing them to receive credits on their utility bill for surplus electricity their solar system sends back to the grid. Dominion Energy customers in North Carolina receive traditional net metering credits. Duke Energy customers face a transitioning policy: existing solar customers who installed before July 1, 2023 (“legacy customers”) are grandfathered under the original Rider NM net metering rates until December 31, 2026, at which point they will be automatically transitioned to Rider NMB.
Customers who installed solar after July 1, 2023 must choose between two new riders: Rider NMB (Net Metering Bridge), which does not require a time-of-use rate schedule and is available on a limited, first-come basis; or Rider RSC (Residential Solar Choice), which requires a Time-of-Use with Critical Peak Pricing rate schedule. Both new riders include additional charges such as a minimum monthly bill ($22 for Duke Energy Carolinas customers; $28 for Duke Energy Progress customers), non-bypassable charges, and a grid access fee for systems over 15 kW-AC. Net exports under Rider RSC are credited at the utility’s avoided cost rate, which is lower than the retail rate. Unused credits expire annually on June 1.
For new solar customers, the transition to lower export credit rates means estimated monthly bill savings may fall from the current $80–$98 range to approximately $40–$68 under the new plans. Homeowners who have not yet gone solar should act promptly to understand which rider they qualify for. For full rate details and current program availability, visit the Duke Energy solar billing page or contact the NC Public Staff Energy Division.
The North Carolina Renewable Energy Tracking System (NC-RETS) is the state’s official platform for tracking and certifying renewable energy generation. Solar system owners can register their systems with NC-RETS to receive one digital Renewable Energy Certificate (REC) for every megawatt-hour (MWh) of electricity their system generates. These certificates can potentially be sold to utilities or other buyers seeking to meet North Carolina’s Renewable Portfolio Standard (RPS) requirements.
To participate, you must first register your project with the North Carolina Utilities Commission (NCUC) and then create a NC-RETS general account. Systems under 1 MW can self-report their energy production data directly into the NC-RETS system. Larger systems require a designated “Qualified Reporting Entity” to upload generation data on their behalf. NC-RETS accepts registrations from solar facilities located in all 50 states.
It is important to note that the financial value of SRECs in North Carolina may be relatively low compared to other states, because North Carolina’s RPS is not highly aggressive and there is a large national supply of RECs. Homeowners interested in monetizing their RECs should research current market prices and consult with a solar installer or REC broker before factoring SREC income into their financial projections. Visit ncrets.org for registration details and program information.
The EnergizeNC Solar for All program was awarded $156 million in EPA Greenhouse Gas Reduction Fund (GGRF) funding in April 2024 to expand solar energy access for low-income and disadvantaged communities across North Carolina. The program is led by the NC Department of Environmental Quality’s State Energy Office in collaboration with the NC Clean Energy Technology Center, NC Clean Energy Fund, and Advanced Energy. Its goal is to help eligible households achieve an average 20% reduction in their electricity bills through rooftop solar installations, with battery storage included in some cases.
The program focuses on three priority areas: rooftop solar for single-family homes, behind-the-meter solar for nonprofit- and publicly-owned multifamily affordable housing, and community solar pilots with municipal utilities and electric co-ops. Single-family homes must be in good repair to qualify, and priority is given to households that have already participated in the state’s Weatherization Assistance Program. Both homeowners and renters (with landlord approval) in low-income and disadvantaged communities may be eligible.
Important Status Update: As of August 2025, the program design process has been paused pending review of a letter of termination from the U.S. EPA, which could eliminate the $156 million in funding. Interested households should monitor the NC DEQ State Energy Office website and the EnergizeNC website at energizenc.com for updates on program resumption and application availability.
The City of Asheville provides a modest solar incentive in the form of a $50 rebate on building permit application fees for residential and commercial property owners who install solar panel systems. This local program is managed by Asheville’s Development Services Department and is designed to help offset the upfront administrative costs associated with a solar installation.
Both homeowners and business owners within Asheville city limits are eligible for this rebate when they install a qualifying solar energy system and obtain the required building permit. The rebate amount varies by technology type, with solar panels receiving the $50 permit rebate.
While the dollar amount is small relative to the total cost of a solar installation, it reflects the City of Asheville’s commitment to supporting clean energy adoption. Applicants should contact the Asheville Development Services Department directly to confirm current program availability and any updated rebate amounts before applying for their building permit.
The USDA Rural Energy for America Program (REAP) provides grants and loan guarantees to help farms, agricultural producers, and rural small businesses finance renewable energy systems, including solar panels and battery storage. When combined with other available incentives, eligible applicants may be able to offset 70–90% of the total cost of a solar installation. REAP grants can cover up to 50% of eligible project costs, making it one of the most powerful solar incentives available for qualifying rural properties in North Carolina.
To be eligible, applicants must be an agricultural producer (farmer or rancher) or a small business located in a rural area as defined by USDA guidelines. The solar system must be installed at the agricultural or business property, and the project must meet technical and financial feasibility requirements. Applications are accepted on a rolling basis, and funding is awarded competitively.
North Carolina farmers and rural business owners interested in REAP should work with a USDA Rural Development state office representative and a qualified solar installer to prepare a strong application. Visit the official USDA Rural Development website for current funding availability, application deadlines, and eligibility requirements specific to North Carolina.
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Speak with a Palmetto solar expert about LightReach leasing and North Carolina incentives.
Get a Free QuoteNorth Carolina Solar Irradiance
Solar panel production varies throughout the year based on daylight hours, weather patterns, and sun intensity. North Carolina’s mild climate, 213+ sunny days, and favorable latitude make it a strong solar state. Even on cloudy days, modern panels capture enough energy to deliver real savings year-round.
What Can the Average North Carolina Solar System Power?
Summer Production (July)
In July, your 10 kW system could power:
- 3.6 average North Carolina homes (15 kWh/day per home)
- or Run central AC for 18 hours AND power all other appliances
- or Fully charge 5.4 Tesla Model 3 electric vehicles
Winter Production (December)
In December, your 10 kW system could power:
- 2 average North Carolina homes (15 kWh/day per home)
- or Keep your home heating system running for 15 hours
- or Fully charge 3 Tesla Model 3 electric vehicles
Annual Production
Over a year, your 10 kW system could:
- Offset 10 tons of carbon dioxide emissions
- or Equal the environmental benefit of planting 175 trees
- or Save approximately $4,234 in electricity costs
See how affordable solar leasing can be for your home
Get a personalized LightReach quote based on your home, energy usage, and roof — no upfront cost required.
Get My Custom EstimateSolar Installations in North Carolina
We’ve mapped thousands of real solar installations across North Carolina so you can see just how many of your neighbors have already made the switch. Explore the heatmap below to discover the communities and neighborhoods going solar — and see where your home fits into North Carolina’s growing clean energy story.
Go Solar with LightReach — No Upfront Cost
For most North Carolina homeowners, leasing solar through Palmetto’s LightReach program is the most accessible path to solar today. Customers served by Duke Energy Carolinas or Duke Energy Progress can take advantage of a solar lease — meaning you pay a simple, fixed monthly amount with no upfront cost. Utility co-ops like Union Power Cooperative, Wake Electric, Brunswick Electric, and EnergyUnited currently do not permit third-party ownership arrangements, so eligibility depends on your utility provider.
With a solar lease, your monthly payment is set based on your system’s estimated production — no surprises, no maintenance bills. Unlike a cash purchase, you’re not responsible for repairs, monitoring, or upkeep. Palmetto owns the system and handles all of that for you. And if your panels don’t meet our 90% Production Guarantee, we’ll credit you the difference. Every LightReach plan also includes premium black panels, a high-efficiency inverter, detailed system design, permitting, and comprehensive protection — all in one inclusive price. Learn more about buying vs. leasing solar.
With the federal residential tax credit no longer available for cash purchases, leasing has become the smarter financial choice for most homeowners. There’s no large upfront investment to recoup, and your savings start the moment your system turns on.
Go solar without the investment
With LightReach, there are no investment costs to recoup, loan payments to manage, or maintenance needs to take on. As soon as your panels are active, your solar savings are too!
Learn MoreFrequently Asked Questions
Yes, solar makes strong sense for North Carolina homeowners. With 5.2 average daily peak sun hours, electricity prices that have risen 25% since 2021, and state incentives like Duke Energy’s $9,000 PowerPair rebate and a full property tax exemption, the conditions are favorable.
Palmetto’s LightReach lease makes going solar even more accessible — with no upfront cost and a fixed monthly payment as low as $95/mo. Palmetto owns and maintains the system, includes a 90% Production Guarantee, and passes commercial solar savings directly to you.
Yes, North Carolina offers net metering to residential solar customers. Dominion Energy customers receive traditional net metering credits. Duke Energy customers face a transitioning policy: those who installed solar before July 1, 2023 are grandfathered under original rates until December 31, 2026, then automatically moved to Rider NMB.
Customers who installed after July 1, 2023 must choose between Rider NMB (Net Metering Bridge) or Rider RSC (Residential Solar Choice), both of which include additional monthly charges and lower export credit rates. Unused credits expire annually on June 1.
Yes, solar panels can increase your home value in North Carolina. According to a Zillow study, homes with solar panels sell for approximately 4.1% more than comparable homes without them. On a $350,000 home — close to North Carolina’s median — that’s roughly $14,000 in added value.
North Carolina also offers a full property tax exemption on the added value of a residential solar system, so you won’t pay higher property taxes because of the increase. Whether you own your system outright or lease through Palmetto’s LightReach program, solar is a smart long-term investment for NC homeowners.
For most North Carolina homeowners, the most accessible way to go solar is through Palmetto’s LightReach lease — with no upfront cost and a fixed monthly payment starting as low as $95/month. Palmetto owns and maintains the system, includes a 90% Production Guarantee, and passes commercial solar savings directly to you.
For those considering a cash purchase, a typical 8.19 kW system in NC costs around $22,970. Note that the federal 30% residential tax credit was eliminated following the 2025 Big Beautiful Bill. Use the solar cost calculator above for a personalized estimate.
For most North Carolina homeowners, solar is financially worthwhile — especially through Palmetto’s LightReach lease. With no upfront investment and a fixed monthly payment as low as $95/month, you start saving from day one. Palmetto owns the system, handles all maintenance, and backs it with a 90% Production Guarantee.
A cash purchase remains an option — a typical 8.19 kW NC system costs around $22,970 — though the federal 30% residential tax credit has been eliminated. With NC electricity prices rising 25% since 2021 and projected 25-year savings of ~$60,000, the financial case for solar is strong.
Palmetto is a top choice for North Carolina homeowners. Since 2020, we’ve completed 2,076 installations across NC — from Charlotte and Raleigh to Asheville and Wilmington — backed by a trusted local install network and an approval rating over 85%.
We offer some of the industry’s best financing options, including our LightReach lease — no upfront cost, a fixed monthly payment as low as $95/month, a 90% Production Guarantee, and full maintenance coverage. Palmetto owns and manages the system so you never have to worry about repairs.
With Palmetto’s LightReach lease, you pay one simple monthly payment — no upfront cost — that covers everything: the solar panel system, installation, monitoring, maintenance, and a 90% Production Guarantee. For a typical 8.19 kW system in North Carolina, the estimated monthly lease payment is approximately $95/month. Because Palmetto owns the system, it claims the commercial Investment Tax Credit and passes those savings to you through lower payments.
Many NC homeowners find their lease payment is less than their current electricity bill, so savings begin from day one. With the federal residential tax credit no longer available for cash purchases, leasing is now the most accessible and affordable path to solar for most North Carolina homeowners.