Benefits of Going Solar in North Carolina:
Lower electricity bills: Solar power can help reduce your monthly electricity bills by generating your own electricity and reducing your reliance on the grid.
Increase home value: Solar panels can increase the value of your property, making it more attractive to potential buyers in the future.
Environmental benefits: Solar power is a clean, renewable energy source that produces no greenhouse gas emissions or air pollution, reducing your carbon footprint and helping to combat climate change.
Energy independence: By generating your own electricity, you can become less reliant on the grid and reduce your exposure to rising electricity prices.
Top Utility Net Metering Policies in North Carolina:
Duke Energy: Duke Energy offers net metering to customers who generate electricity using renewable sources like solar power. Excess electricity generated by the system is credited to the customer's account for future use.
Dominion Energy: Dominion Energy also offers net metering for residential and commercial customers who generate electricity using solar power. Any excess electricity is credited to the customer's account.
Blue Ridge Energy: Blue Ridge Energy offers net metering for customers who generate up to 100 kW of electricity using renewable sources like solar power. Any excess electricity generated is credited to the customer's account.
Rebates and Incentives in North Carolina:
Federal tax credit: Homeowners in North Carolina can qualify for a federal tax credit of 30% of the cost of their solar panel system.
Duke Energy solar rebate: Duke Energy offers a rebate of up to $6,000 for customers who install solar panel systems on their homes.
Property tax exemption: Solar panel systems in North Carolina are exempt from property taxes, reducing the overall cost of installation.
Sales tax exemption: Solar panel systems are also exempt from sales tax in North Carolina, reducing the cost of the system.
Solar easement and rights laws: North Carolina has laws that protect homeowners' right to sunlight, making it easier to install solar panels without obstruction from nearby buildings or trees.