Through 2015, North Carolina was ranked second in the nation for installed solar electric capacity, due in no small part to a strong state tax credit, along with the adoption of a Renewable Energy Portfolio Standard in 2007. Residential, commercial, and utility-scale solar projects were accelerated, contributing to a strong clean energy economy in the state. ***Unfortunately, the General Assembly allowed this tax credit to expire at end of 2015, and it is currently not available.***
With the price of solar energy becoming highly competitive with other energy sources, the solar industry continues to grow in NC. In changing political and energy landscapes, new opportunities are always possible, and we will update this information to include any incentives that are made available for clean energy projects when they are announced. As the demand for sustainable practices increases, the economic advantages of investing in solar technologies become more evident. These advancements not only contribute to lower energy bills for consumers but also create jobs within the growing sector. Additionally, increasing awareness of solar energy community benefits fosters a collective commitment to environmental stewardship and energy independence.
While North Carolina state incentives are currently minimal, many federal incentives are available to support residential and commercial solar energy projects.
