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North Carolina Solar Calculator — 2026 Costs & Payback

North Carolina has Duke Energy serving most of the state with full retail-rate net metering retained through 2025/26 and ongoing into 2027. Combined with property tax exclusion and decent irradiance (1,410 kWh/kW), NC offers solid 9–11 year payback for typical residential systems.

US Solar Payback Calculator — 2026

Get an accurate solar payback estimate for your state using NREL solar irradiance, EIA electricity rates, and the 30% federal Investment Tax Credit.

Recommended system size
3.5 kW
Producing approximately 5,670 kWh/year at 1620 kWh/kW production factor for California.
Gross system cost
$10,850
at $3.1/W installed
Federal ITC (30%)
−$3,255
Net cost after incentives
$7,595
Payback period
6.8 years
$1,116/year savings at current electricity rates and avoided-cost export rate. 20-year net benefit projection: $20,164.
Get real installer quotes for your roof

The numbers above are based on state averages. Real quotes vary by roof orientation, shading, panel type, and installer. Compare quotes from 3+ pre-vetted installers in your area — free, no obligation.

California solar specifics

Highest electricity rates in the lower 48. NEM 3.0 (since April 2023) cuts export rates ~75%. Battery storage now near-mandatory for payback.

Methodology & sources

Solar irradiance per state: National Renewable Energy Laboratory (NREL) PVWatts PSM3 typical-year data, weighted state average for residential rooftops.

Electricity rates: EIA Form 826 monthly residential rates (most recent September 2025 data).

Federal ITC: 30% through 2032 under the Inflation Reduction Act (Section 25D).

State incentives: DSIRE (Database of State Incentives for Renewables & Efficiency) as of April 2026.

Inflation assumptions: 2.5% annual electricity price increase (EIA AEO 2024 reference case), 0.5% annual panel degradation (NREL standard).

Self-consumption assumption: 45% direct self-consumption without battery — typical for residential without storage.

Deep dive — solar in North Carolina

Duke Energy net metering: Full 1:1 retail-rate net metering for residential customers under 20 kW. Annual reconciliation each May — net production credits zero out, net consumption is billed.

Property tax exclusion: 80% of the added home value from a residential solar system is excluded from property tax assessment.

No state tax credit currently — the previous 35% NC credit expired end of 2015 and has not been renewed.

Best NC utilities: Duke Energy Carolinas, Duke Energy Progress, Dominion (NC service area), and various electric co-ops. Co-ops vary widely on net metering — some offer full retail, others avoided-cost.

North Carolina solar FAQ

Does Duke Energy NC offer net metering?

Yes — full retail-rate net metering for residential systems under 20 kW. Annual reconciliation each May.

Is there a North Carolina state solar tax credit?

No, the previous 35% NC tax credit expired end of 2015 and has not been renewed.

What property tax benefit does NC offer for solar?

80% of the added home value from residential solar is excluded from property tax assessment.

How much does solar cost in North Carolina 2026?

Average $2.80/W installed. An 8 kW system: $22,400 gross, $15,680 after 30% federal ITC.