We aren’t surprised that North Carolina is becoming a popular state for solar. Legislation is offering new policies and incentives in favor of solar energy, including competitive rebates. There are many reasons homeowners are going solar in the Old North State, but saving money and the environment are top of the list. 

North Carolina homeowners can take advantage of the Renewable Energy Systems Sales Tax Exemption which exempts 80% of the appraised value of your system from property tax. Duke Energy and Dominion Energy currently offer net metering to eligible customers. Duke Energy has a competitive rebate program. Although it has reached capacity for 2021, it is expected to return in 2022.

North Carolina homeowners are also eligible for the Solar Investment Tax Credit (ITC).**** The ITC allows you to deduct 26 percent of the cost of installing a solar energy system from your federal taxes.