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Raleigh Solar Panels: 2022 Cost and Local Incentives

How much do solar panels cost in Raleigh?

Written by Jordan Smith

Edited by Hannah Whatley

Last updated 10/11/2022


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Solar power FAQs

  • The median cost for solar panels in Raleigh is $4.63 per watt. The typical solar system in North Carolina needs to be 7 kilowatts in size to meet a household’s energy needs. The upfront cost to install such a system would be $32,410. You would save $9,723 with the federal tax credit, which would bring the cost down to $22,687. Further savings may be possible if you access local rebates, like the Duke Energy rebate program.

  • Over the long term, you will gain the most savings by purchasing your solar panels. If you apply the federal tax credit, you can save over $6,000 at minimum when you buy your system. Even if you decide to lease or enter a PPA, you can still save money, since solar power is often cheaper to lease or access through a PPA than your typical electricity price. You can also consider investing in smaller solar devices to save money, like solar panels for RVs or small panels for your patio or balcony.

  • The best place for comparing Raleigh solar power quotes is the SaveOnEnergy marketplace. We have a strong selection of solar companies for you to choose from. It’s easy to find out more information about each provider, and you can always contact a solar expert for further advice on your best options. Call us at the number on your screen or fill out this form to find solar solutions that work best for you.

  • Solar power is a renewable and green energy source that doesn’t deplete natural resources or release carbon into the atmosphere. As more people rely on the sun’s rays for their energy needs, the amount of carbon dioxide and other harmful substances we produce will decline. You can do your part by relying on solar power for your home, which will significantly reduce your carbon footprint.

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