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State estimate · reviewed 2026-11-13

Solar Savings in North Carolina — 2026

By Jian Yuan · Last reviewed 2026-11-13 · Editorial standards

A North Carolina starting point built on the August 2026 EIA residential rate of 14.95 ¢/kWh and the 2026 rule: a $0 federal credit for homeowner-owned systems.

What the 2026 numbers look like in North Carolina

The August 2026 EIA residential rate for North Carolina is 14.95 cents/kWh, 17.7% below the 18.16-cent U.S. average. Installed cost is 2.44 $/W, a verified EnergySage September 2026 state marketplace average; sunlight uses the southeast humid-subtropical band planning band at 5.2 peak sun hours/day. A measured state installed price exists for North Carolina, so the cost side of this estimate starts from marketplace data rather than a national proxy. A statewide export-credit rule was verified for this state and is named below.

What actually moves the estimate in North Carolina

Holding a $150 monthly bill fixed, those inputs size a 6.80 kW array here against 6.06 kW at the national average, produce about 10,836 kWh in year one against 8,921 kWh, and put the interpolated payback at 16.3 years against 16.1 years. The 2.44 $/W price sits -13% relative to the 2.80 $/W benchmark.

That gap is arithmetic from published inputs, not a ranking of states and not an installer quote. Fixed monthly charges, non-bypassable charges, time-of-use periods, annual true-up caps, interconnection limits and a real bid all sit outside this model; the methodology page lists the omissions in full. Replace every default in the calculator below with your own figures.

Example estimates at three bill levels

All three rows hold the same assumptions (90% offset, a south-facing 20-degree unshaded roof, 0.84 derate, no battery, 3% rate escalation, 0.5% degradation, 25 years); only the monthly bill changes. The full default set and every equation are on the methodology page. Replace them in the calculator below with your own figures before treating any row as yours.

Monthly billSystem sizeGross costNet costYear-one savingsPayback25-year net
$1004.53 kW$11,056$11,056$66317.5 yr$6,543
$1506.80 kW$16,584$16,584$99416.3 yr$12,217
$25011.33 kW$27,640$27,640$1,65715.4 yr$23,564

At a $150 monthly bill the model sizes a 6.80 kW array producing about 10,836 kWh in year one, needing roughly 374 sq ft of usable roof, with a gross cost of $16,584 and a net cost of $16,584. Year-one savings are $994, and the interpolated payback is 16.3 years.

North Carolina incentive and tariff stack

No statewide residential solar tax credit or flat grant could be verified in our November 2026 review. State and local programs change; check DSIRE and your utility before assuming $0 or assuming a rebate.

North Carolina's PowerPair rebate is limited to specific Duke Energy territories.

North Carolina: investor-owned utilities have moved to reduced export crediting; Duke Energy's PowerPair and buyback terms differ.

Where these numbers come from

How North Carolina compares with the nation and its neighbours

At the U.S. average of 18.16 ¢/kWh and a 2.80 $/W modeling benchmark, the same $150 bill sizes a 6.06 kW array with a $16,972 net cost and a 16.1-year payback. The neighbouring states below show how quickly the inputs change across a border — and why copying a national estimate into a North Carolina proposal is a mistake.

StateRate (Aug 2026)Installed $/WPeak sun hoursExport regime
New York28.65 ¢2.76 $/W4.3 hretail
North Dakota13.31 ¢2.80 $/W5.6 hvaries

Your inputs

Change any default to match your bill, your quote and your utility tariff.

Household and price

Roof and solar resource
Money, financing and 25-year assumptions

Your estimate

Calculating…
Recommended system size
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Panel count
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Year-one production
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Roof area needed
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Gross installed cost
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Net cost after incentives
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Year-one bill savings
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Payback period
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25-year net benefit
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Net present value
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Internal rate of return
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Simple payback
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Estimated residual bill
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State incentive
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Federal credit (2026)
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Utility rebate
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Federal residential credit (2026)

$0.

Itemized cost

Ownership comparison · 25-year net

Cash purchase—
Loan (after payments)—
Lease / PPA (no upfront)—
Loan monthly payment—

The cash and loan rows both exclude any federal credit. A third-party owner, not you, may claim section 48E.

Environmental scale

CO₂ avoided in year one—
Mature-tree equivalent—
Gasoline car miles—

Uses 0.855 lb CO₂/kWh (U.S. grid average), 48 lb/tree/year and 0.89 lb/mile.

25-year cumulative net cash flow

Sensitivity to utility rate escalation

Annual escalationPayback25-year net

Year-by-year cash flow

YearProduction kWhBill savingsMaintenanceNetCumulative

What to verify first in North Carolina

Before you sign in North Carolina

Planning estimates only — not a quote, tax advice, legal advice or financial advice. State benchmarks are not your utility tariff. Verify every incentive with the program administrator and get at least three written installer quotes.

Frequently asked questions

What is the average residential electricity rate in North Carolina?

EIA's Electric Power Monthly Table 5.6.A reports 14.95 cents per kWh for North Carolina in August 2026 (preliminary), against a U.S. average of 18.16 cents. Your own utility tariff may differ, especially if you are on a time-of-use plan.

Is there a state solar tax credit in North Carolina?

No statewide residential solar tax credit or flat grant could be verified in our November 2026 review. State and local programs change; check DSIRE and your utility before assuming $0 or assuming a rebate.

Does North Carolina have full-retail net metering?

North Carolina: investor-owned utilities have moved to reduced export crediting; Duke Energy's PowerPair and buyback terms differ.

Is the 30% federal credit available for a 2026 installation in North Carolina?

No. IRC section 25D was terminated for expenditures made after December 31, 2025 by Public Law 119-21, and the IRS treats the expenditure as made when the original installation is completed. A homeowner-owned system installed in 2026 gets $0 federally, in North Carolina as in every other state. A third-party owner of a lease or PPA may claim the commercial section 48E credit instead.

Sources and further reading

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