Solar Panels for Self Storage Facilites in North Carolina

• Net metering
  In North Carolina, Duke Energy offers renewable energy customers a net metering program. Net metering is a service that rewards renewable energy customers with credits for sending power back to the grid. Excess energy sent back will be exchanged for credits that offset the monthly electricity bill.

• Federal tax credit
  These systems are eligible for the Solar Investment Tax Credit to provide guaranteed savings of up to 26% of the project value. These credits will continue throughout 2020, 2021, and 2022, only with less money back with each consecutive year. The sooner you install the system, the more money you will save with this federal tax credit.

• Depreciation earnings
  Solar PV systems installed on storage facilities can be depreciated down to 0% over 5 years much like other commercial systems. This can supercharge savings by providing higher tax savings—especially within the first year.

• USDA Reap Grants
  For qualified customers, you can receive up to 25% of the project value in a USDA REAP Grant. 8MSolar can provide feedback on whether your business qualifies for this grant.

• Duke Energy solar rebates
  Duke Energy offers rebates for local businesses. You can claim $0.50 per watt on a new commercial solar panel installation up to 100kW.  This results in rebates up to $50,000 per account.

Installing systems for residential areas with bolted racking systems onto triangle roofing typically takes a couple of days.

On average, residential solar panels contain 72 cells and reach 65 inches in length and 39 inches in width. Most homeowners select black panels with black backing for blending in with dark roof shingles, and white provides another option for color customization.

Storage units provide excellent locations for solar panels due to their large, flat roof sizes. On average, commercial panels offer 78 inches in length by 39 inches in width with 96 cells and a greater panel size provides high energy efficiency.

Storage unit businesses often select white paneling and backing and black offers another option for your preferences. Installation usually takes about a month.

After typical rebates and incentives are applied – the payback on most self storage solar projects is about 3.5 years. Since solar panel systems are guaranteed to last at least 20 to 25 years, your solar panel energy for self storage will become a valuable long-term investment.