Raleigh receives approximately 5 peak sun hours per day, making it a great location for solar energy production. With an average monthly electric bill of $115 in Raleigh, homeowners could save $1,035/year by switching to solar.
A 8.5kW solar system in Raleigh could generate approximately 1,046 kWh/month, offsetting about 95% of the average electric bill.
Raleigh residents benefit from North Carolina's solar incentives, including property tax exemption + duke energy rebates ($0.40/w up to $4,000) + net metering.The 30% Federal Solar Tax Credit (ITC) applies to all installations nationwide, reducing your net system cost by nearly a third.
With 5 peak sun hours, a typical 8.5kW residential system in Raleigh produces enough energy to offset 95% of the average household's electricity usage. Over the system's 25+ year lifespan, that translates to $25,875 in total savings.
Your utility affects your net metering rate and solar program eligibility.