Raleigh, N.C. – As part of its work under the U.S. Department of Energy’s SunShot Solar Outreach Partnership, the N.C. Solar Center today announces the release of two new original resources: A Residential Customer’s Guide to Going Solar: Duke Energy Carolinas version and A Residential Customer’s Guide to Going Solar: Duke Energy Progress version.
North Carolina was ranked second in the nation for installed solar capacity in 2013, installing 400 MW of new capacity and climbing up three places from 2012 (according to the NPD Solarbuzz North American PV Markets Quarterly report). Most of this capacity in North Carolina comes from utility-scale solar installations, which highlights an opportunity to advance solar even more in the state by focusing on rooftop installations. These guides will support this effort by educating customers about solar and clarifying many of the misconceptions about the cost of going solar.
The guides focus on explaining, in easy to understand terms, the different financial options available to homeowners interested in going solar. These are broken up into incentives that reduce the upfront cost of going solar, such as tax credits and Duke Energy Progress’ SunSense program, and payback options that credit you for the energy produced by your solar photovoltaic (PV) system, like net metering and N.C. GreenPower.
In addition to a description of these options, the guides include a detailed analysis of the monthly and long-term utility bill savings that each option provides to the typical homeowner, using data specific to North Carolina cities. This allows customers to get an idea of how much a solar system costs in their particular region after all available incentives are factored in, as well as what kind of utility bill savings a typical PV owner in their area sees.
Overall, the guides show that with an average-sized residential system at typical market prices, customers of Duke Energy in North Carolina can save up to an average of $55/ month for the next 25 years on their utility bill with a system that can cost as little as $4,000, after incentives.
Versions of the guides can be viewed here: Duke Energy Carolinas and Duke Energy Progress. For more information about the Department of Energy’s SunShot Solar Outreach Partnership, please visit www.solaroutreach.org.
About the North Carolina Solar Center
The North Carolina Solar Center, as part of the College of Engineering at North Carolina State University advances a sustainable energy economy by educating, demonstrating and providing support for clean energy technologies, practices, and policies. It serves as a resource for innovative, green energy technologies through technology demonstration, technical assistance, outreach and training. For more information about the N.C. Solar Center visit: http://www.ncsc.ncsu.edu. Twitter: @NCSolarCenter
Media Contact: Shannon Helm, N.C. Solar Center, 919-423-8340, email@example.com