Nathan Healy
Certified by Nathan Healy
Updated: February 2026
Quality Solar Panels Since 2011
Palmetto has served 20,000+ customers across 31 states with an approval rating over 85%.
01

Solar Power in Fayetteville

Fayetteville homeowners are increasingly turning to solar panels — and it’s easy to see why. North Carolina electricity prices have risen 24% from 2020 to 2024, making it harder to ignore the long-term value of generating your own power.

This guide walks you through solar panel installation in Fayetteville, NC — how it works, what it costs, and what you can realistically expect to save. Whether you’re just starting to explore or ready to take the next step, you’re in the right place.

NORTH CAROLINA by the Numbers

18th Most residential solar in the United States
51 Households have installed solar panels
5.2 Avg peak sun hours per day
~$62k Fayetteville average savings over 25 years
02

How Much Do Solar Panels Cost in Fayetteville, NC?

Using real installation data from Fayetteville and surrounding areas like Hope Mills, Eastover, Spring Lake, and Stedman, this calculator gives you an honest, localized estimate of what solar installation would cost for your home.

Small Home Up to 2,000 sq ft
Medium Home 2,000-3,000 sq ft
Large Home Over 3,000 sq ft
System Size
This system size is designed to offset approximately 100% of the average electricity usage for a home of this size in North Carolina.
Recommended
System
8.19 kW
Your Monthly Payment
Estimated monthly cost with LightReach
$95/mo
As low as
$95/mo
Why Lease Solar?
Following the 2025 Big Beautiful Bill, the federal 30% solar tax credit is no longer available for cash purchases. With a LightReach lease, Palmetto owns the system and still qualifies for the commercial ITC — passing those savings through to you via lower monthly payments.
  • No upfront investment
  • Palmetto handles all maintenance
  • 90% Production Guarantee
  • Comprehensive protection program included
03

Palmetto Reviews

04

Key Takeaways

  • Fayetteville gets 5.2 peak sun hours per day, making it a strong candidate for solar — and a medium-sized home could save around $62,000 over 25 years.
  • North Carolina electricity rates rose 25% from 2021 to 2024. Going solar helps Fayetteville homeowners lock in their own energy costs and reduce exposure to future rate hikes.
  • You don’t need to buy solar panels to benefit from them. Palmetto’s LightReach lease lets Fayetteville homeowners go solar for as little as $70/month with no upfront cost.
05

Fayetteville Electricity Prices

Electricity in Fayetteville, NC costs less than the national average — but that gap is closing fast.

From 2021 to 2024, North Carolina electricity rates rose from 11.3 to 14.1 cents per kWh — an increase of roughly 25%. Nationally, rates climbed even higher, from 13.7 to 16.5 cents per kWh over the same period.

Solar gives Fayetteville homeowners a way to generate their own power and reduce how much electricity they pull from the grid — softening the impact of rising utility rates on their monthly bills.

Because solar panels typically last 25 years or more, locking in your own energy production today means less exposure to future rate increases — providing more predictability over the long run.

Price of Energy: North Carolina vs National Average

10¢
20¢
30¢
13.7¢
11.3¢
15.0¢
11.6¢
16.0¢
12.9¢
16.5¢
14.1¢
2021
2022
2023
2024
US Average
North Carolina

Fayetteville Area Utility Providers

In Fayetteville, NC, Duke Energy Progress is the primary electricity provider. Based on 2023 data — the most recent available — Duke Energy Progress customers pay approximately 14.2¢ per kilowatt-hour (kWh).

That 2023 rate of 14.2¢/kWh sits above North Carolina’s 2023 state average of 12.90¢/kWh, but below the 2023 national average of 16.0¢/kWh. North Carolina’s regulated utility environment and energy mix help keep rates relatively competitive nationally.

Even so, utility rates can shift over time. Homeowners who generate their own solar power are less exposed to those fluctuations — replacing a variable monthly bill with a more predictable, long-term energy cost.

Fayetteville Utilities Electricity Rates

Duke Energy Progress
14.20¢
-11%
NC Average
12.90¢
-19%
US Average
16.0¢
06

North Carolina Solar Incentives

Fayetteville homeowners have access to several solar incentives in North Carolina that can help reduce the cost of going solar, including programs from Duke Energy, the local utility serving the area.

Duke Energy offers rebates through its PowerPair Program for solar-plus-battery installations, bill credits through its EnergyWise Home virtual power plant, and net metering credits for excess energy sent to the grid. North Carolina also offers commercial solar tax credits and a Solar for All grant program — though the latter is currently paused pending federal review.

Note: the federal residential solar tax credit is no longer available. State and local incentives still apply. For those considering a solar lease, Palmetto’s LightReach program handles incentive complexity and passes savings through as lower monthly payments.

Incentive Type Description Source
Duke Energy PowerPair Program Rebate Duke Energy offers a one-time rebate of up to $9,000 for residential customers who install a solar panel system paired with battery storage. Learn More
Duke Energy EnergyWise Home Battery Program (Virtual Power Plant) Rebate Duke Energy’s EnergyWise Home program allows battery storage owners to earn up to $92/month (approximately $1,100/year) in bill credits by enrolling in a virtual power plant. Learn More
Duke Energy Net Metering / Net Metering Bridge (NMB) Policy Net Metering Duke Energy North Carolina solar customers receive bill credits for excess electricity sent to the grid, currently under the Net Metering Bridge (NMB) rider at a rate of $0.034/kWh, with legacy net metering customers transitioning to NMB by December 31, 2026. Learn More
EnergizeNC / Solar for All Grant Program Rebate EnergizeNC is a $156 million federally funded Solar for All grant program targeting low-to-moderate income North Carolina households for rooftop solar and battery storage — currently paused pending EPA review. Learn More
NC Renewable Energy Income Tax Credit (RETC) — Commercial Tax Credit North Carolina offers a 35% state income tax credit on the cost of renewable energy property for commercial installations, with a maximum credit of $2.5 million per installation.
NC-RETS Solar Renewable Energy Certificates (SRECs) SREC North Carolina solar system owners can register their systems with NC-RETS to generate and sell Renewable Energy Certificates (RECs) to help utilities meet the state’s Renewable Portfolio Standard.

The Duke Energy PowerPair program provides a one-time rebate of up to $9,000 for Duke Energy customers in North Carolina who install a qualifying solar-plus-battery system. The rebate pays $0.36 per watt (up to 10 kW) for solar panels — up to $3,600 — and $400 per kWh (up to 13.5 kWh) for battery storage — up to $5,400. For example, a 7 kW solar system paired with a 13.5 kWh Tesla Powerwall would earn approximately $7,920 in rebates.

Availability is limited: Duke Energy Progress has already reached its capacity and is now operating a waitlist, while approximately one-third of Duke Energy Carolinas’ capacity remains. The program is a three-year pilot covering a total of 60,000 kW of solar across both territories (enough for roughly 8,550 average-sized home installations). Applications open each year on May 10 through a four-week random selection window on the Duke Energy website.

To participate, your system must be installed by a Duke Energy-approved Trade Ally contractor, use equipment from the approved battery vendor list, and you must grant Duke Energy access to your system’s operational and performance data via a stable internet connection. Homeowners in Fayetteville on the Duke Energy Progress waitlist should monitor for openings, as spots may become available if some installations fall through.

The Duke Energy EnergyWise Home program is a Virtual Power Plant (VPP) that rewards homeowners for allowing Duke Energy limited access to their home battery storage system. Enrolled customers can earn up to $92 per month — approximately $1,100 per year — in energy bill credits. Additionally, homeowners who enroll in the battery control program receive an extra $6.50 per kW of continuous discharge capacity each month (e.g., a battery with a 5 kW discharge rate earns an additional $32.50/month).

Duke Energy will access your battery between 30 and 36 times per year to help manage grid demand. You will be notified before each event and can opt out up to four times per year while still remaining eligible for the full bill credits. The utility will never discharge your battery below 20% capacity, preserving your backup power reserve.

To be eligible, you must apply for interconnection, agree to participate for a minimum of one year, maintain a stable internet connection, and install an approved battery. Compatible batteries include models from Enphase, FranklinWH, SolarEdge, and Tesla. This program can be combined with the PowerPair rebate, making it a strong ongoing financial benefit for solar-plus-storage homeowners in Fayetteville.

Duke Energy residential solar customers in North Carolina are currently served under the Net Metering Bridge (NMB) rider. Under NMB, your solar system offsets your electricity usage in real-time during the day. Any excess electricity you export to the grid earns a credit at a reduced rate of $0.034 per kWh (3.4 cents/kWh) — significantly lower than the full retail rate. These credits carry forward month-to-month and are settled monthly. Customers can remain on NMB for up to 15 years from their interconnection application date, after which they transition to the Residential Solar Choice (RSC) rider.

Customers who were on the legacy Rider NM (traditional 1-for-1 net metering) before October 1, 2023 may remain on that plan until December 31, 2026, at which point they will be automatically transitioned to Rider NMB. New solar customers interconnected after October 1, 2023 are placed directly on NMB. Monthly fixed charges apply: Duke Energy Progress customers pay a $28 minimum monthly charge plus $0.62/kW of DC capacity per month; Duke Energy Carolinas customers pay a $22 minimum monthly charge plus $0.28/kW of DC capacity per month.

EnergizeNC is a $156 million Solar for All grant program awarded to North Carolina by the EPA in April 2024. Led by the NC Department of Environmental Quality’s State Energy Office in partnership with the NC Clean Energy Technology Center, NC Clean Energy Fund, and Advanced Energy, the program is designed to help low-to-moderate income and disadvantaged households access rooftop solar and, in limited cases, battery storage — with an average projected savings of 20% on electricity bills. The program also targets multifamily housing owned by nonprofits and public organizations, as well as community solar pilots.

Important Notice: As of August 7, 2025, the EPA announced its intent to terminate the Solar for All program. The NC Department of Environmental Quality and its co-grantees have received and are reviewing a termination letter from the EPA. The program is currently paused. Homeowners in Fayetteville interested in this program should monitor the EnergizeNC website for updates on whether the program resumes following any legal challenges.

If the program resumes, it will prioritize households in low-income and disadvantaged communities, including those on state- and federally recognized Tribal lands. Participants would receive meaningful financial incentives to reduce the upfront cost of solar installation. For the latest status updates, visit the official EnergizeNC website at energizenc.org or the NC DEQ Solar for All page.

North Carolina’s Renewable Energy Income Tax Credit (RETC) provides a 35% state income tax credit on the cost of qualifying renewable energy property for commercial, industrial, and non-residential installations. The maximum credit is $2.5 million per installation, making it a significant incentive for businesses, nonprofits, and other non-residential entities investing in solar energy systems.

This credit applies to solar photovoltaic systems and other qualifying renewable energy technologies installed on commercial properties. It is separate from any federal commercial tax incentives and can be used in conjunction with other applicable programs such as bonus depreciation or the federal commercial Investment Tax Credit (ITC), which remains available for commercial projects that commence construction before applicable deadlines.

Businesses considering solar installations in Fayetteville should consult with a tax professional to understand how the RETC interacts with other state and federal tax obligations. For full program details, eligibility requirements, and application procedures, refer to the DSIRE database maintained by the NC Clean Energy Technology Center or consult the NC Department of Revenue.

North Carolina operates the NC Renewable Energy Tracking System (NC-RETS), which issues Renewable Energy Certificates (RECs) — sometimes called SRECs — to solar system owners. Each REC represents one megawatt-hour (MWh) of electricity generated from a renewable source. Utilities in North Carolina are required to meet a Renewable Portfolio Standard (RPS), and they can purchase RECs from solar owners to satisfy that requirement.

However, homeowners should be aware that the financial value of RECs in North Carolina is generally low. North Carolina’s RPS is not particularly aggressive, and the state accepts REC registrations from solar systems in any state, which increases the supply and suppresses prices. As a result, SRECs are unlikely to be a major source of income for most residential solar owners in NC compared to states with stronger RPS mandates.

Solar system owners in Fayetteville interested in participating in NC-RETS should register their system through the NC-RETS portal and work with a REC aggregator or broker to sell certificates. For the most current information on REC values and registration requirements, consult the DSIRE database or the NC Utilities Commission.

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 Quote
07

Fayetteville 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.

Fayetteville enjoys a humid subtropical climate with long, sunny summers and mild winters. Despite occasional cloud cover, its strong annual sun hours make it a solid candidate for solar production year-round.

Solar Production in Fayetteville by Month

Daylight Hours
Energy Production (kWh/day)

What Can Your Solar System Power?

Summer Production (July)

[SummerProduction] kWh/day

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)

[WinterProduction] kWh/day

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

[AnnualProduction] kWh/year

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 Estimate
08

Solar Panel Systems in Fayetteville

We’ve mapped thousands of solar installations across Fayetteville, NC so you can see exactly where your neighbors have made the switch to solar. Explore the map below to discover which communities and neighborhoods are leading the way!

09

Leasing Solar Panels

If you’re not ready to purchase solar panels outright, leasing is a great alternative — and it’s available to Fayetteville homeowners served by Duke Energy Progress. With a solar lease through Palmetto’s LightReach program, you pay a fixed monthly amount (starting as low as $70/month for smaller homes) while Palmetto owns and maintains the system. No upfront cost, no surprise repair bills, and no maintenance headaches.

Compared to a cash purchase, a lease means you start saving from day one without needing to recoup a large upfront investment. When something needs attention — whether it’s a panel, inverter, or monitoring issue — Palmetto handles it. You also benefit from a 90% production guarantee, so if your system underperforms, you’re protected. For many Fayetteville homeowners, that peace of mind is worth a lot.

It’s worth noting that not all utilities in North Carolina allow leasing or third-party ownership (TPO). Some cooperatives in the state prohibit it entirely. Fortunately, Duke Energy Progress — the primary utility serving Fayetteville — does allow solar leases. Want to understand how leasing compares to buying? Read our full breakdown of solar leasing vs. buying to see which option fits your situation best.

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 More
10

Frequently Asked Questions

Yes, solar makes sense for most Fayetteville homeowners. With 5.2 peak sun hours per day and North Carolina electricity rates that have risen 25% since 2021, generating your own power can provide real, long-term savings — an average of around $62,000 over 25 years for a medium-sized home.

Upfront cost doesn’t have to be a barrier, either. Palmetto’s LightReach solar lease lets Fayetteville homeowners go solar with no money down, starting at just $70/month — so you can start saving from day one without a large investment.

Fayetteville is primarily served by Duke Energy Progress, which offers a Net Metering Bridge Rider (NMB) program. Under NMB, excess solar energy sent to the grid earns a credit at $0.034/kWh (3.4¢/kWh). Credits carry forward monthly. Note: the traditional 1-to-1 net metering program closed to new customers on October 1, 2023.

Customers on legacy 1-to-1 net metering may remain on that plan until December 31, 2026, after which they transition to NMB. New solar customers are placed directly on NMB. A minimum monthly charge of $28 plus $0.62/kW DC per month also applies to NMB customers.

Yes, solar panels can increase your home value in Fayetteville. According to a Zillow study, homes with solar panels sell for approximately 4.1% more than comparable homes without them. For a $250,000 home in Fayetteville, that could mean roughly $10,000 in added value.

It’s worth noting that this benefit typically applies to owned systems, not leased ones. If you purchase your solar panels outright, the added home value is generally recognized at resale — making solar a long-term investment in both energy savings and property value.

With Palmetto’s LightReach lease, Fayetteville homeowners can go solar for a low fixed monthly payment starting around $95/month for a medium-sized home — with no upfront cost. Palmetto owns and maintains the system, and savings begin immediately.

For a cash purchase, a typical 8.19 kW system in Fayetteville runs around $22,970. Note that the federal 30% residential solar tax credit is no longer available following the Big Beautiful Bill. Use the calculator above for a personalized estimate based on your home size.

For many Fayetteville homeowners, solar is worth it financially — especially with a lease. With Palmetto’s LightReach program, your monthly lease payment is typically less than your current electricity bill, meaning you start saving from day one with no upfront investment required.

North Carolina electricity rates have risen 25% since 2021, and Fayetteville’s 5.2 peak sun hours per day make solar production strong year-round. A medium-sized home could save an estimated $62,000 over 25 years — making solar a financially sound choice for most households.

Palmetto Solar is a strong choice for Fayetteville homeowners. As a national company with a local focus, we’ve completed 2,076 installations across North Carolina since 2020. Our vetted install network knows the local permitting process, and we offer some of the most flexible financing options in the industry — including our LightReach lease with no upfront cost.

Whether you’re looking to purchase or lease, we handle everything from design to installation to ongoing monitoring — so Fayetteville homeowners can go solar with confidence and minimal hassle.

With Palmetto’s LightReach lease, Fayetteville homeowners pay one simple monthly payment that covers everything — panels, installation, monitoring, maintenance, and a 90% Production Guarantee. There is no upfront cost. For a typical 8.19 kW system, the estimated monthly payment is approximately $95/month.

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 over cash purchases, where the residential ITC is no longer available. Most Fayetteville homeowners start saving from day one.