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Residential Solar Panel Rebates & Tax Credits in North Carolina

Everything you need to know about solar power incentives, tax credits, and rebates in North Carolina.

The time to embrace
solar power is now

There’s a reason so many customers are switching to solar energy in North Carolina; it’s more financially rewarding than ever with solar panels saving homeowners an average $1800 per year. And if you’re a business owner? You can save even more! At 8MSolar, we can help you make the switch and find the perfect solar energy tax credit or rebate for you.

These incentives may not last long - switch to solar energy today

Save big with a
solar incentive program

Besides the benefits of lower electricity bills, you can save even more by applying for federal, state and local tax rebates that offset the cost of your solar panel installation. .

Solar tax credit options for homeowners in NC

Net Metering

Net Metering

Net metering allows you to essentially “sell” any unused solar power you generate back to the national grid and local utility companies, so not only will you save big on electricity bills, but you can actually profit from solar power!

State Tax Exemption

State Tax Exemption

NC offers a property tax abatement program to eliminate tax increases resulting from the addition of a solar system, with 80% of a solar energy electric system's appraised value being tax-exempt

Federal Tax Credits

Federal Tax Credits

If you invest in a residential solar installation, you can receive 30% of your bill back come tax time. For example, if the total cost of your PV system is $24,000, then you owe $7,200 less on your federal taxes

How you benefit from
solar energy incentive programs

Energy incentive programs give you unique opportunities to benefit from embracing clean energy solutions. And with the Inflation Reduction Act investing in making it easier for homeowners to afford solar power, now truly is the time to future-proof your home with solar energy.

Benefits for residential energy customers

Here are a few advantages energy incentive programs offer residential customers in North Carolina.

Why We are the
#1 solar panel company

Frequently asked QUESTIONS

North Carolina solar incentives first started as a result of House Bill 589 in 2017. With this bill, clean energy advocates created a way to incentivize individuals to choose solar in North Carolina. The bill’s purpose is to minimize switching costs by offering local rebates for individuals seeking affordable clean energy.

As of 2022, there has been an increase in federal tax credit for solar energy installations and assets from 26% to 30%. 

You can also enjoy an 80% tax exemption on solar energy additions for your property tax and local NC tax incentives, which our experts can advise you on. Get in touch today to learn how you can save with the latest tax credit programs.

Getting tax credit for your solar panel installation is pretty straightforward. Hold onto all your receipts, invoices, and documentation related to your solar panel project and use them to file for a massive 30% tax credit during tax season.
In most cases, the residential solar energy credit isn’t refundable. That means you can only reduce your tax credit to $0.00. So if you have $100 left over, this will be carried forward to the following year.

Want to know what
solar power incentives apply to you?

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