Home › North Carolina › Greensboro
Solar Panel Cost in Greensboro, North Carolina
Local pricing, savings, and net metering data for Greensboro homeowners.
$1,460
Annual Savings
12.8 yrs
Payback Period
$18,705
Net Cost
$31,165
25-Year Savings
Cost & Savings Breakdown
Based on $150/month electric bill in Greensboro
System Size
9.6 kW
Annual Production
13,774 kWh
Gross System Cost
$27,436
Federal Tax Credit (30%)
-$8,231
State Incentive
-$500
Net Cost
$18,705
Monthly Savings
$122
CO₂ Offset/yr
12,672 lbs
25-Year Savings Projection
Utility & Net Metering
Local UtilityDuke Energy Carolinas
Net Metering PolicyFull Retail
Compensation RateFull retail rate
Capacity Limit1 MW limit
Electricity Rate$0.106/kWh
Peak Sun Hours4.9 hrs/day
Available Incentives
30%
Federal ITC — Deduct 30% of your system cost from federal taxes. Available through 2032.
$500
North Carolina State Incentive — North Carolina offers a property tax exemption for solar installations.
Common Questions
How much does solar cost in Greensboro?
Solar in Greensboro, North Carolina costs approximately $27,436 for a 9.6 kW system. After the 30% federal tax credit, your net cost is about $18,705.
What is the solar payback period in Greensboro?
The estimated payback period for solar in Greensboro is 12.8 years, based on a $150/month electric bill and local sun hours of 4.9 hrs/day.
Does Duke Energy Carolinas offer net metering?
Duke Energy Carolinas offers Full Retail net metering. Full retail rate.