Carolina Solar Panels

How long does it take to earn back your initial investment in solar panels.

Carolina solar panels.

With our professional team of certified installers and technicians we are committed to working with you to design your new system to help you reach your goals for increased savings. At nc solar now solar panels are our expertise and the systems we deliver are on the cutting edge in terms of energy efficiency power output and the latest technology. Through their vision and expertise person county today has three magnificent photovoltaic facilities that produce approximately five megawatts of clean renewable energy helping our community send a strong and wonderful message to our region and state. The relationship that person county has developed with carolina solar energy has produced great benefits for all parties.

A solar payback period is the amount of time it takes for property owners who install solar panels to recover their initial investment through electricity savings. Why install solar panels. Source for solar information. Here s how the numbers work for a north carolina solar purchase of a 5 kw rooftop solar system.

South carolina code of laws 12 6 3587 states that a credit may not be allowed for a solar system unless the system is certified for performance by the nonprofit solar rating and certification corporation or a comparable entity endorsed by the state energy office. Solar panel cost in north carolina the average cost for an installed residential solar system in north carolina is currently 11 038 after claiming the 26 federal solar tax credit. On a cost per watt w basis a solar panel installation in north carolina ranges in price from 2 32 to 3 14. This is 2 49 per watt.

However purchasing a solar system or signing a 20 year lease for solar panels is like buying a car you need to do your homework check prices from several sources and think carefully about how your needs will be met by the choices you are considering. Solar sc gov is south carolina s. In north carolina the average solar payback period is 11 59 years. Solar panels allow you to generate clean energy and can save you money.

As of september 2020 the average solar panel cost in north carolina is 2 73 w. Given a solar panel system size of 5 kilowatts kw an average solar installation in north carolina ranges in cost from 11 602 to 15 698 with the average gross price for solar in north carolina coming in at 13 650. Solar energy customer testimonials. Installing a typical 5 kw solar system should start at about 16 250.

First subtract your energy bill savings of 686 reducing your year 1 investment to 15 564.