Asheville, NC Solar Panels
Solar Power in Asheville
Nestled in the Blue Ridge Mountains, Asheville has long embraced sustainability — and more homeowners here are now exploring solar energy as a practical way to understand and manage their energy use. North Carolina electricity prices have increased 24% from 2020 to 2024, making it a timely conversation.
With North Carolina ranking 18th in the US for residential solar installations, you’re far from alone in considering it. This guide walks you through everything you need to know about solar panels for your home in the Asheville area.
NORTH CAROLINA by the Numbers
How Much Do Solar Panels Cost in Asheville, NC?
Using real installation data from Asheville and surrounding areas like Weaverville, Black Mountain, and Swannanoa, this calculator gives you an accurate estimate of what solar panels would cost — and save — at your specific home.
System
- No upfront investment
- Palmetto handles all maintenance
- 90% Production Guarantee
- Comprehensive protection program included
Key Takeaways
- Asheville homeowners can save up to $65,000 over 25 years with solar — and North Carolina electricity rates have already risen 25% since 2021, making the case stronger every year.
- Asheville has strong solar incentives including a 100% property tax exemption, Duke Energy battery bill credits, and net metering programs to help reduce your overall costs.
- You can go solar with no upfront cost through Palmetto’s LightReach lease — starting at around $103/month for a medium-sized Asheville home, with no maintenance responsibilities.
Asheville Electricity Prices
Electricity costs in Asheville have been climbing steadily. Understanding what you’re paying — and why — is the first step toward making a smarter energy decision.
North Carolina electricity rates rose from 11.3 cents per kWh in 2021 to 14.1 cents per kWh in 2024 — a nearly 25% increase in just three years. That adds up on your monthly bill.
Solar installation in Asheville, NC gives homeowners a way to generate their own power and reduce dependence on the grid — helping to offset rising utility rates with energy produced right on your roof.
Over time, that independence becomes more valuable. As grid electricity costs continue to rise, Asheville homeowners with solar panels are better positioned to keep their energy costs stable for years to come.
Price of Energy: North Carolina vs National Average
Asheville Area Utility Providers
Asheville residents are primarily served by two Duke Energy subsidiaries: Duke Energy Carolinas and Duke Energy Progress. Based on the most recent 2023 data, their rates are 14.2¢ and 11.9¢ per kWh, respectively.
Duke Energy Carolinas’ 2023 rate of 14.2¢ per kWh exceeds both the NC state average of 12.9¢ and the national average of 16.0¢. Duke Energy Progress at 11.9¢ sits below both benchmarks, reflecting differences in generation mix and infrastructure costs.
For Asheville homeowners, understanding your utility rate matters. Higher per-kWh costs directly improve solar’s financial value — the more you pay for grid electricity, the faster a solar installation in Asheville, NC can offset your energy expenses.
Asheville Utilities Electricity Rates
North Carolina Solar Incentives
Asheville homeowners have access to several solar incentives in North Carolina — from utility programs to local rebates — that can help reduce the overall cost of going solar.
Available incentives include Duke Energy battery bill credits, North Carolina’s 100% solar property tax exemption, net metering programs, a Tesla Powerwall rebate, and the City of Asheville’s solar building permit fee rebate.
Note that the federal residential solar tax credit was eliminated by the Big Beautiful Bill. Those who lease solar through LightReach may still benefit indirectly, as Palmetto applies the commercial ITC and passes savings through via lower monthly payments.
| Incentive | Type | Description | Source |
|---|---|---|---|
| Duke Energy Battery Control Programs (Power Manager / EnergyWise Home) | Rebate | Duke Energy offers ongoing monthly bill credits of up to $92/month ($1,100/year) to residential battery storage customers who allow Duke to remotely dispatch their battery during peak grid events. | Learn More |
| North Carolina Net Metering & Solar Export Programs | Net Metering | North Carolina offers net metering and solar export credit programs through its major utilities, with terms varying significantly by utility and rate rider. | Learn More |
| North Carolina Residential Solar Property Tax Exemption | Property Tax Exemption | North Carolina provides a 100% property tax exemption on the added home value created by a residential solar installation, so homeowners pay no additional property taxes due to solar. | Learn More |
| Federal Business Solar Investment Tax Credit (Commercial ITC) | Tax Credit | Businesses installing solar energy systems can claim a 30% federal Investment Tax Credit on the full cost of the system, with no cap on system size, for systems installed through the end of 2027. | Learn More |
| Federal Residential Battery Storage Tax Credit | Tax Credit | Homeowners can claim a 30% federal tax credit on the cost of a standalone battery storage system (minimum 3 kWh capacity) through 2032, provided it is charged exclusively by co-located solar. | Learn More |
| Tesla Powerwall Rebate | Rebate | Tesla is offering a $500 direct rebate for Powerwall battery storage systems contracted before June 30, 2026. | |
| City of Asheville Solar Building Permit Fee Rebate | Rebate | The City of Asheville offers a rebate on building permit application fees for homeowners and businesses that install solar panels. |
Duke Energy operates two ongoing virtual power plant (VPP) battery control programs: Power Manager for Duke Energy Carolinas customers and EnergyWise Home for Duke Energy Progress customers. By enrolling, you allow Duke Energy to remotely discharge your home battery up to 36 times per year (minimum 30 events) to help balance the grid during peak demand periods. In return, you receive monthly bill credits estimated between $23 and $92 per month, or roughly $276 to $1,100 annually, depending on your battery size and configuration.
Eligible battery brands include Enphase, FranklinWH, SolarEdge, and Tesla. You do not need to have participated in the PowerPair rebate program to enroll — if you already own a compatible battery, you can still sign up for these ongoing credits. You must agree to participate for at least one year and maintain a reliable internet connection.
These programs are separate from and stackable with the one-time PowerPair installation rebate, making them a valuable long-term income stream for battery storage owners in Asheville within Duke Energy’s service territory.
Duke Energy (Majority of NC): New Duke Energy solar customers in Asheville are placed on the Residential Solar Choice (default) rate, which pays export credits at Duke’s avoided cost rate — approximately $0.034/kWh as of 2026, roughly 75–80% below the retail rate. This rate requires enrollment in a time-of-use schedule and includes a monthly minimum bill charge ($28 for Duke Energy Progress; $22 for Duke Energy Carolinas). Alternatively, the Net Metering Bridge Rate (Rider NMB) offers better compensation and does not require time-of-use rates, but it is only available to customers also enrolled in Duke’s EnergyWise Home battery program and is closing to new applicants on December 31, 2026.
Under NC General Statute 105-275(45), residential solar energy systems are 100% exempt from property taxes. This means that even though adding solar panels increases your home’s market value, that added value is not included in your property tax assessment — so your property tax bill will not go up because of your solar installation. The exemption has been in effect since 2008 and applies for the life of the system as long as you own it (leased systems may not qualify).
For most residential homeowners in Asheville, no separate application is required — the exemption applies automatically. However, it is always a good idea to confirm with your local county tax assessor’s office. Commercial solar installations receive a partial exemption of up to 80% of the property’s assessed value.
Important Note: Legislative proposals in 2025 could alter property tax exemption rules starting July 1, 2026, potentially reducing the exempt percentage in future years. Verify the current law with your local assessor or the NC Department of Revenue before making installation decisions.
Businesses, farms, and commercial property owners in Asheville can claim a 30% federal Investment Tax Credit (ITC) on the total installed cost of a solar energy system. This is a dollar-for-dollar reduction in federal tax liability, with no cap on system size or cost. The credit is available for systems installed through December 31, 2027.
For new construction projects, there is an important safe harbor provision: if you sign a qualifying solar contract by July 4, 2026, you can lock in eligibility for the 30% credit even if the system is not installed until later (up to four years). This is especially valuable for larger commercial or agricultural projects with longer development timelines.
Additionally, businesses may be able to combine the ITC with 100% Bonus Depreciation, which allows the full cost of the solar system to be deducted in the year it is placed in service (for property acquired after January 19, 2025). Tax-exempt organizations, nonprofits, and government entities may access an equivalent benefit through the IRS Elective Pay (Direct Pay) provision. Consult a qualified tax professional to maximize these combined benefits.
The federal Residential Clean Energy Credit (IRS Form 5695) provides a 30% tax credit on the installed cost of a battery storage system with a capacity of at least 3 kilowatt-hours. Importantly, this credit applies to standalone battery storage systems — meaning you can claim it even if you are not simultaneously installing new solar panels, as long as the battery is charged exclusively by a co-located renewable energy source (such as an existing rooftop solar system) in the same tax year.
This credit is available through 2032 and is not subject to the same expiration that eliminated the residential solar ITC for 2026 installations. There is no cap on the dollar amount of the credit, so larger battery systems generate proportionally larger tax savings. For example, a $10,000 battery installation would yield a $3,000 federal tax credit.
To claim the credit, file IRS Form 5695 with your federal tax return for the year the battery system is placed in service. Note that this is a non-refundable credit — it can reduce your tax liability to zero but will not generate a refund. Unused credit amounts may be carried forward to future tax years. Consult a tax professional to confirm eligibility for your specific situation.
Tesla is currently offering a $500 direct rebate for homeowners who contract for a Powerwall battery storage installation before June 30, 2026. This rebate is applied directly by Tesla and does not require going through a utility or government program. The deadline was previously March 31, 2026, but has since been extended to June 30, 2026.
This rebate can be stacked with other available incentives, such as the Duke Energy PowerPair rebate and the federal battery storage tax credit, to further reduce the out-of-pocket cost of adding a Powerwall to your home. The Powerwall is also a compatible battery for Duke Energy’s Power Manager and EnergyWise Home virtual power plant programs, which provide ongoing monthly bill credits.
To take advantage of this offer, ensure your installation contract is signed before the June 30, 2026 deadline. Contact a Tesla-certified installer or visit Tesla’s website for current terms and conditions, as promotional offers are subject to change.
The City of Asheville provides a building permit fee rebate for residential and commercial property owners who install solar energy systems. The rebate is approximately $50 on the building permit application fee, helping to offset the administrative cost of obtaining the required permits for a solar installation. Some sources have cited amounts up to $175 — confirm the current amount with the City of Asheville Development Services Department before applying.
This local incentive is available to both homeowners and businesses within Asheville city limits. While the dollar amount is modest compared to state and federal programs, it reflects the city’s commitment to supporting clean energy adoption and reduces one of the upfront administrative costs of going solar.
To claim the rebate, contact the City of Asheville Development Services Department when applying for your solar building permit. This incentive can be combined with all other state, utility, and federal solar incentives available to Asheville residents.
Ready to start saving with solar?
Speak with a Palmetto solar expert to find out exactly how much you can save with North Carolina incentives.
Get a Free QuoteAsheville Solar Irradiance
Solar panel production varies throughout the year based on daylight hours, weather patterns, and sun intensity. Understanding how seasons affect your solar system helps set realistic expectations for your investment.
Asheville’s mountain elevation and mild climate actually boost solar efficiency. Despite its famously cloudy days, Asheville receives enough annual sunlight to make solar a smart, productive investment for most homeowners.
Solar Production in Asheville by Month
What Can Your Solar System Power?
Summer Production (July)
In July, your 10 kW system could power:
- 3.6 average 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 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
Want to know exactly how much solar can power your home?
Get a personalized solar analysis based on your actual home, energy usage, and roof characteristics.
Get My Custom EstimateSolar Panel Systems in Asheville
We’ve mapped thousands of solar installations across the U.S. — including right here in Asheville. Explore the map below to see which neighborhoods and communities have made the switch to solar. Click any hexagon to see how many of your neighbors are already going solar!
Leasing Solar Panels
If you’re not ready to purchase solar panels outright, Asheville homeowners served by Duke Energy Carolinas or Duke Energy Progress have another option: a solar lease through Palmetto’s LightReach program. With a lease, you pay a fixed monthly amount — for example, around $103/month for a medium-sized home — while Palmetto owns and maintains the system. That means no large upfront cost, no maintenance responsibilities, and no surprise repair bills.
Compared to a cash purchase, leasing removes the burden of system ownership entirely. When you buy outright, you’re responsible for monitoring performance, coordinating repairs, and managing any equipment issues over the system’s 25+ year life. With LightReach, Palmetto handles all of that, and the system comes with a 90% production guarantee. It’s worth noting that PPAs are not currently available in North Carolina — a lease is the alternative financing option available to Asheville homeowners. Learn more about the differences between buying and leasing solar.
For many Asheville homeowners, leasing is simply a more accessible starting point. You begin offsetting your Duke Energy bill from day one, without needing to recoup a large investment first. As electricity rates continue to rise, a predictable monthly lease payment can make long-term energy budgeting much easier.
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!
Explore LightReach LeasingFrequently Asked Questions
Yes, Asheville homeowners have access to net metering and solar export programs. Most Asheville residents are served by Duke Energy Carolinas or Duke Energy Progress. New customers are placed on the Residential Solar Choice (RSC) rate, which credits solar exports at Duke’s avoided cost rate (~$0.034/kWh). A Net Metering Bridge Rider (NMB) option offers better compensation but is closing to new applicants on December 31, 2026.
Credits are settled monthly under both programs. The specific terms — including minimum monthly charges and rate schedules — vary depending on which Duke Energy subsidiary serves your address.
Yes — but only if you own your solar panel system. According to a Zillow study, homes with solar panels sell for approximately 4.1% more than comparable homes without them. For Asheville homeowners, where the real estate market values sustainability, that can be a meaningful boost.
It’s important to note that this home value increase applies to purchased systems only. If you lease solar panels through a program like LightReach, Palmetto owns the system — not you. A leased system may affect resale differently, since the buyer would need to assume the lease agreement.
The most accessible way to go solar in Asheville is through Palmetto’s LightReach lease — starting at around $103/month for a medium-sized home with no upfront cost. Palmetto owns and maintains the system, so there are no repair bills or maintenance responsibilities.
If you prefer to purchase outright, a cash purchase is available. Note that following the 2025 federal law change, the residential 30% solar tax credit is no longer available for cash purchases. Use the calculator above for specific pricing based on your home size.
Palmetto’s LightReach is an all-inclusive solar lease — one monthly payment covers the system, installation, monitoring, maintenance, and a 90% Production Guarantee. There is no upfront cost. For a typical 8.92 kW system in Asheville, the estimated monthly payment is approximately $103/month, based on NC’s production ratio of 1,320 kWh/kW/year at $0.105/kWh.
Because Palmetto owns the system, it claims the commercial Investment Tax Credit (ITC) and passes those savings to you through lower monthly payments — an advantage not available with cash purchases since the residential ITC was eliminated. Most Asheville homeowners begin saving from day one, as the lease payment is typically less than their current Duke Energy bill.
Palmetto is a top choice for solar installation in Asheville, NC. As a national company with a strong local presence, we’ve completed 2,370 installs across North Carolina since 2020 — bringing real experience to the Blue Ridge region.
We offer some of the most flexible financing options in the industry, including our LightReach lease starting at around $103/month with no upfront cost. Our trusted install network handles everything from permitting to activation, so Asheville homeowners can go solar with confidence.
Solar panels are very low maintenance. They have no moving parts, so most Asheville homeowners rarely need to do anything beyond occasional rinsing after heavy pollen season or a dusty stretch of dry weather.
With Palmetto’s LightReach lease, maintenance is even simpler — Palmetto owns the system and handles all monitoring, maintenance, and repairs at no extra cost. The program also includes a 90% Production Guarantee, so your system’s output is protected.
Yes, solar makes sense for most Asheville homeowners. With 5.2 peak sun hours per day, rising Duke Energy rates (up 25% since 2021), and incentives like North Carolina’s 100% solar property tax exemption and net metering, the average Asheville home can save around $65,000 over 25 years.
Upfront cost doesn’t have to be a barrier. Palmetto’s LightReach solar lease lets Asheville homeowners go solar with no money down, starting around $103/month — and you start saving from day one.