Solar Savings Calculator for North Carolina

North Carolina homeowners pay an average of $145/month for electricity at 13.5¢/kWh. With 4.8 peak sun hours per day, solar can dramatically cut your energy costs.

$145
Avg Monthly Bill
13.5¢/kWh
Electricity Rate
4.8h/day
Peak Sun Hours
$46,233
Est. 25-Year Savings

Calculate Your Savings in North Carolina

Adjust Your Details for North Carolina

$
$50$1,000
50010,000
50¢

Your Estimated Solar Savings

System Size
7.6 kW
Panel Count
19 panels
Total System Cost
$20,520
Federal Tax Credit (30%)
-$6,156
Net Cost
$14,364
Annual Savings
$1,740
Payback Period
8.3 years
25-Year Savings
$46,233
Return on Investment
322%

* Estimates based on 4.8 peak sun hours/day in North Carolina, system cost of $2.7/watt, 30% federal ITC, 3% annual electricity inflation, and 0.5% annual panel degradation over 25 years. Actual results may vary.

Solar Incentives in North Carolina

Federal Solar Investment Tax Credit (ITC)

Reduces federal income tax liability by 30% of the total cost of a solar energy system, including equipment and installation.

30% of system cost

North Carolina Renewable Energy Tax Credit

Excludes 80% of the appraised value added by solar from property taxes.

Property tax exemption for 80% of added value

Cities in North Carolina

Select your city for a more precise estimate with local electricity rates and utility information.

More Solar Resources for North Carolina

Go Solar in North Carolina

Join thousands of North Carolina homeowners saving with solar. Get a free personalized quote from Melia King Solar.

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