Solar Panels Durham NC
Durham, also known as Bull City, is known for its magnificent skyline, the bustling Brightleaf square, and home to Duke University. Durham, the city of Medicine, is also part of the North Carolina Research Triangle, which is a national leader in both health care and research. It’s a place where people are on top of new developments and advancements, so it’s no wonder why in Durham, solar panels are becoming so common.
In fact, North Carolina ranks #3 in the entire country for solar energy!
And it’s not a big surprise why. Aside from keeping the environment clean and healthy, solar energy also generates clean electricity for your home, reducing your electric bill, and giving you great savings. With North Carolina solar rebates and incentives, switching to solar power is easier than ever!
In addition, Duke Energy is offering solar rebates to their customers in 2021 for switching to solar energy. Although available funds for rebates have run out already in the first half 2021, Duke customers can join a waitlist for the rebate starting in July 2021.
Sunpro Solar: Trusted Solar Panel Installation in Durham, NC
Since 2008, Sunpro Solar is a trusted North Carolina solar panel company that has a proven history and reputation for providing quality service. We were ranked #5 for 2020 Solar Power World’s Top Residential Solar Installer in the United States and we are proud to offer some of the best warranties you can find in the solar industry and only use products that offer the same.
- 25 Year Labor Warranty
- 25 Year Production Guarantee
- 25 Year Solar Panel Manufacturer Warranty
- 25 Year Enphase Microinverter Warranty
- Thousands of happy homeowners
- Free Home Energy Audit
- Roof replacement if needed
Durham, NC Solar Incentives, Tax Credits, Rebates
Renewable energy like solar power is rapidly growing all over the nation. Aside from keeping the environment healthy and clean, solar panels also increase your savings each month due to the reduced utility bill. That’s especially true for Durham solar panels as the city sees over 200 sunny days a year. Switching to solar is easier than ever with these great incentives:
26% Federal Solar Tax Credit
A great way to get a solar energy system is to take advantage of the federal solar tax credit, also called the Solar Investment Tax Credit, or ITC. When you use this incentive, you can get 26% of the total cost of your solar panels, including installation, back in tax credits. So, if your solar panels cost you $11,000, you’d get $2,860 back in tax credits, which would reduce the cost down to $8,140. That’s a pretty good deal.
To use this tax credit toward your solar installation, there isn’t a better time to act. When you decide to go solar in Durham, take advantage of the 26% tax credit through the end of 2022. Starting January 1, 2023, the Solar Federal Tax Credit for homeowners with solar power will drop to 22% in 2023.Free Solar Quote
Net Metering for Durham Solar Panels
Another great way to get the most out of your solar panels is with net metering. It works like this- when your solar panels produce more electricity than your home needs, that excess energy is sent to your utility company’s grid. Your utility company then credits your account for the electricity that they receive from your company.
Currently, net metering is available throughout North Carolina, including Durham. We’ve listed an overview of the requirements below. Please note that Sunpro Solar handles the entire net metering process on your behalf. The requirements are simply listed below for your information.
Duke Energy Progress
Rebates for Durham Solar Panels
In addition to the incentives already mentioned, there’s also a rebate available for customers of Duke Energy Progress. With this incentive, you can further decrease the cost of your solar panels, so you get even greater long-term savings.
Duke Energy Progress
Property Tax Exemption for Durham Solar Panels
Another excellent benefit to installing solar panels is that they add value to your home. This extra value is a great thing should you ever need to sell your home. And even better, this added value from your solar panels is 80% tax exempt! You get that added value with practically no added cost!
Solar Panels Increase Home Value in North Carolina
Not only do solar panels save you money, they also add value to your home. And if you live in North Carolina, according to CNBC, it’s one of the top states in the country for the highest selling value with solar installed, coming in at #3. Here are their rankings for how much solar adds value to the median-valued home:
- New Jersey: 9.9% or $32,281
- Pennsylvania: 4.9% or $8,589
- North Carolina: 4.8% or $8,996
- Louisiana: 4.9% or $7,037
- Washington: 4.1% or $15,916
- Florida: 4% $9,454
- Hawaii: 4% or $24,526
- Maryland: 3.8% or $10,976
- New York: 3.6% or $10,981
- South Carolina: 3.5% or $5,866
Even the experts agree! In a comprehensive report done by the US Department of Energy and National Renewable Energy Laboratory (NREL), they found out having solar panels installed to your home helps sell your home faster and get more money for it!
On average, solar panels add $20 of value for every $1 you save on your electric bill. So if you saved $200 a month on your electric bill with solar panels, you’d have an additional $4,000 of value added to your home.
And again in 2015 the Department of Energy and Berkeley Laboratory confirmed these findings with another study on the real estate market. After analyzing 22,000 homes, they found that homes with solar panels fetched a higher asking price than those without. About $4/watt, which comes out to be around $15,000 for residential, depending on your home and solar system.
In addition, solar panels can help your property spend less time on the market. In another study done by NREL, they found that solar properties earned about 17% more at closing, in addition to selling 20% faster.Free Solar Quote
Trusted Solar Installation Durham: Sunpro Solar
If you’d like to make the switch to clean, green solar energy, Sunpro Solar is here to help. We use only high quality solar panels from such brands as LG and microinverters from Enphase, and experienced and professional technicians. In addition, with each installation comes a free Energy Audit to ensure you see maximum savings from your home, our 25 year Labor Warranty, and our 25 year Performance Guarantee.
We service the greater Durham area and offer turnkey solutions to help you enjoy all the perks of going solar without any stress. Contact us today to learn more, or to schedule a free consultation!
See What Our Customers Are Saying
The Sunpro team did an amazing job. The sales agent was courteous and helpful and the sales team went out of their way to stay in touch. The installation team was fast, professional, and went above and beyond to make sure I was involved in every aspect of the install. The panels are in and working and they kept in touch with me after the install to make sure all my expectations were met.
– Randy Bynon, ⭐⭐⭐⭐⭐