Cost Of Installing Solar Panels Nc

Given a solar panel system size of 5 kilowatts kw an average solar installation in raleigh nc ranges in cost from 10 965 to 14 835 with the average gross price for solar in raleigh nc coming in at 12 900.

Cost of installing solar panels nc.

On a cost per watt w basis a solar panel installation in north carolina ranges in price from 2 32 to 3 14. After accounting for the 26 federal investment tax credit itc and other state and local solar incentives the net price you ll pay for solar can fall by thousands of dollars. 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. Installation for the average 5kw system ranges from 11 100 22 400.

No two solar power systems are the same. The average cost to install solar panels is from 10 626 to 26 460 after tax credit for a 6kw to 12kw system to power an entire house. How long does it take to earn back your initial investment in solar panels. After accounting for the 26 federal investment tax credit itc and other state and local solar incentives the net price you ll pay for solar can fall by thousands of dollars.

As of september 2020 the average solar panel cost in north carolina is 2 73 w. They are custom based on the home roof type shading and utility. As of sep 2020 the average cost of solar panels in north carolina is 2 49 per watt making a typical 6000 watt 6 kw solar system 11 038 after claiming the 26 federal solar tax credit now available.