Best Solar Companies in Raleigh, NC

Solar panel costs in Raleigh

A typical solar panel installation costs anywhere from $8,960 to $25,600 in North Carolina. Prices in Raleigh are comparable, ranging from $8,820 to $25,200.

This doesn’t include an energy storage battery, which sometimes costs as much as the panels: $7,000 to $18,000. A battery lets you store excess energy generated during the day and use it when your panels aren’t producing, like at night or during outages. It’s worth considering if your area gets frequent blackouts.

System size is the other major solar cost factor. The average Raleigh household needs a system with a capacity of 10.48 kW (kilowatt) to fully offset their electricity costs. Depending on how much energy you and your family use, you might need a smaller or larger one.

Average total solar installation costs by system size in Raleigh

How can I pay for solar panels?

Getting solar panels is like buying a car. Most people pay cash, finance or lease.

• Solar loans work like any other type of loan. They have relatively low fixed interest rates. Once you pay it off, you own your system outright.
• Solar leases are a good option if you have limited savings and don’t want to take on debt. A potential downside to leasing is that you won’t be eligible for the federal solar tax credit.

» SOLAR PANELS: Buy vs. lease

Is solar worth it in Raleigh?

Solar panels are generally worth it in North Carolina if you like the idea of lowering your monthly utility bills. On average, Raleigh homeowners with solar panels can avoid $62,935 in total utility costs over 25 years.

The main drawback is the high upfront cost of purchasing and installing the panels and equipment. Assuming an upfront purchase, it takes about 11.9 years to break even (when your savings with solar panels make up for the cost).

Raleigh has high solar potential due to sunny weather, making solar a strong investment. If your house is a good candidate for solar, it’s at least worth considering. We suggest using NREL’s PVWatts Calculator to estimate how much electricity a solar panel can produce over a year on your house. Project Sunroof is a reliable online solar savings estimator.

Potential roof problems

As a rule of thumb, if your roof is more than 10 years old, consider fixing it before going solar. Installing solar panels on an old roof might mean you have to remove the panels, replace your roof and then reinstall the panels again. This is an expensive and frustrating process.

» SHOULD YOU: Replace your roof before going solar?

How to find a reputable solar company in Raleigh

In our experience, the best solar companies in North Carolina have a few things in common: lots of experience, reliable equipment and transparent contracts. Here are some hiring tips.

• Check certifications: Solar installations are considered electrical work, so your installer needs a valid electrical license. You can verify this through the North Carolina Licensing Board. We also recommend choosing an installer certified through the North American Board of Certified Energy Practitioners (NABCEP).
• Read reviews: Avoid companies with recurring complaints about misleading sales tactics, equipment failures, billing issues and lack of communication.
• Ask questions: Do you need a solar storage battery, electric vehicle (EV) charger or critter guards? How does this affect overall pricing? What if your system needs maintenance? If you don’t understand something about the payment terms, warranty or ongoing services, ask for clarification.

» TIPS: Get the best solar quotes

Solar incentives in Raleigh

The 30% federal solar investment tax credit (ITC) is still the best incentive for most homeowners. It reduces your federal tax liability by 30% of how much it costs to install solar panels. You can combine the ITC with local solar incentives in North Carolina to maximize savings. For instance, that state has property tax exemptions for solar installations, reducing the overall cost.

A solar property tax exemption means that — for tax purposes — the addition of a solar energy system won’t result in an increase in your property's assessed value. Essentially, your property tax bill won’t go up because your solar panels increase the market value of your home.