As you begin researching solar options in your area, one of your first questions will likely be about price. There are a few factors that influence the cost of solar panels in North Carolina, such as the size of your solar energy setup and the components within it, as well as labor and permit costs.
In many cases, you can save on the cost of your solar system by taking advantage of state and federal government incentives and rebate programs. We’ll explain North Carolina solar incentives in more detail in the next section.
Solar panel setup
To use solar energy to power your home, you’ll need the right equipment. A typical photovoltaic (PV) home solar system includes:
- Solar panels
- Solar panel inverter
- Solar racking system
- Solar panel roof monitoring system
Solar panels consist of individual solar cell energy receptors designed to collect sun power. They’re made from either monocrystalline or polycrystalline silicon and held in place by a racking system. Inverters convert the solar power into alternating current, or AC energy, which can be used in the home. Finally, monitoring systems are used to understand how much power the panels are producing.
Before installation, decide whether you want to purchase or lease your solar system. You can get the most value out of your system if you buy it, since you will be eligible for government credits. However, you will also be on the hook for upfront and ongoing maintenance costs if you own your system, which might make it more tempting to lease.