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.
While North Carolina state incentives are currently minimal, many federal incentives are available to support residential and commercial solar energy projects.