North Carolina offers a number of solar power incentives to encourage residents and businesses to switch to renewable energy. The state offers a tax credit equal to 35% of the cost of installing a solar system, up to $2,500. Additionally, North Carolina utilities are required to purchase solar power from customers at a rate that is 10 times the current wholesale price of electricity.
These incentives make it an attractive option for those looking to switch to solar power. In addition, North Carolina has set a goal of generating 10% of its electricity from renewable sources by 2018. As a result, there is significant interest in solar power in the state. With its favorable incentives and growing demand, North Carolina is poised to become a leader in solar power.
When you install a solar system on your North Carolina home, you are eligible for a number of state and federal incentives. These incentives can significantly reduce the cost of your solar installation, making it more affordable than ever to go solar. At Pamlico Solar, we can help you take advantage of all the available incentives, including the North Carolina Renewable Energy and Efficiency Portfolio Standard (REPS). The REPS requires utilities to source a certain percentage of their electricity from renewable sources like solar. As a result, utilities offer solar rebates to customers who install solar systems.
In addition to utility rebates, North Carolina also offers a state tax credit for solar installations. This tax credit is equal to 35% of the cost of your solar system, up to $1000. When you install a solar system with Pamlico Solar, we will help you take advantage of all available incentives, ensuring that you get the most affordable system possible.
Homeowners in North Carolina have a great opportunity to save money and help the environment by installing solar panels. Pamlico Solar can help you take advantage of state and federal incentives, making solar energy more affordable than ever.Solar panels are a great way to reduce your carbon footprint and save money on your electricity bill. In addition, solar panels can increase the value of your home. Pamlico Solar is a North Carolina-based company with over ten years of experience in the solar industry. We offer a free consultation to help you determine if solar is right for your home. Contact us today to learn more about the benefits of solar energy.