North Carolina is one of the most prolific solar panel states, as it currently ranks 4th in the entire country in solar panel energy usage. With the buzz around solar panels growing bigger, it might be time to make the switch.
But what goes into getting solar panels in places like Charlotte, NC? What should you expect when installing solar panels in North Carolina?
That’s what we’re here to look at today. Read on to find out more about getting them in Charlotte, NC.
Why Get them?
If you’re looking for reasons why you should get solar panels in Charlotte, there are plenty to choose from. The first and most popular one you’ll come across is that you’ll drastically reduce your energy bills.
With most of your power coming from the sun, your utility bills will lower drastically and you can even earn credits for extra power. Solar panels also offer immediate rewards, meaning you’ll start saving from day one.
Best of all, you get to help save the environment around you. With less energy consumption, you’re putting less strain on the earth since you’ll be using the sun’s natural energy.
What Do they Cost?
The average price for it in Charlotte depends on a few different factors. For those looking at solar panels, Charlotte NC residents should expect to pay about $2.62 per watt.
If an average solar panel system generates about 5kW, a standard installation ranges from about $11,000 to $15,000. This might sound like quite a lot to sink at first, but those costs don’t tell the whole story.
Solar panels are an investment more than anything else. For Charlotte, NC residents, their panels will induce plenty of savings down the line, so much so that they’ll begin to recoup their investment in months’ time.
There are also federal and state incentives for installing them that are worth looking at. Let’s break some of those down.
Solar Panels in Charlotte, NC Incentives
If you want to take out a loan to install them but are afraid you won’t be able to afford a down payment, don’t fret. North Carolina enacted legislation that offer low-interest loans to those homeowners.
This law affects residential and commercial buildings looking to install energy-efficient systems, including solar panels. That means you can afford the initial installation upfront and can pay it all off with ease.
There are also energy providers like Duke Energy that offered rebates to those who want to install solar systems. However, Duke Energy is currently not offering such rebates, but you can keep an eye out just in case.
There’s also the federal solar tax credit, which provides financial aloe to your solar system installation costs. It can reduce the cost of installation by over 20%, provided that you’re buying it outright and meet income requirements.
Whichever option you choose, choosing the best solar panel installation company is key for Charlotte residents. Blue Raven Solar is a great place to go if you aren’t sure where to look.
Getting Geared Up for Solar Energy
Solar panels in Charlotte, NC can initially appear to be a daunting prospect, but it’s less complicated than you might think. Use this guide to help you understand what goes into getting solar panels installed!
For more informative articles on solar panels and other topics, check out the rest of our site!
Varsha