Why Go Solar in Greensboro?
Homeowners in Greensboro, North Carolina who choose to have solar panels installed can take full advantage of any number
of exemptions, incentive programs and financial credits. Beyond the incentives offered by governments and utilities,
there are many “green” benefits. For starters, the significant energy savings from using less grid-tied power supply.
Second, renewable energy like solar goes a long way to keep the air clean and provide electricity to homes in a way that
environmentally and economically sustainable.
Are Solar Panels Worth it in Greensboro?
Here are a few of those credits and programs that make going solar oh so worth it in Greensboro:
Improved Home Value
In Greensboro, a solar panel system does more than decrease or eliminate your electricity bills, solar installations and solar arrays also become an asset that increases your home’s value.
The cost to install rooftop solar panels has come down significantly. The U.S. Energy Information Administration declared that solar is now, “the cheapest electricity in history,” and with the 26% federal tax credit, solar is an affordable investment in Greensboro. Free quotes are available so you can see how incentives work to cut down the cost.
The federal government gives out a significant tax credit for homeowners who install solar panels to power their home. The rate is locked in at 26% through the end of 2022. After that, it will drop to 22%, then eventually become completely unavailable.
Solar Powered Battery Storage
If you’re concerned about power outages, now is a great time to consider a solar battery backup as an add-on to your solar energy system — especially while you can get it covered by the previously mentioned tax credit. Solar energy batteries, like the Tesla Powerwall or Enphase Encharge, will store any extra solar power your panels produce to use later so your home can run on clean, green energy.
As concern about the environment grows, people in Greensboro are looking for ways to reduce their impact on their surroundings. By using the incredible amount of sunlight, you can decrease your carbon footprint while increasing self-sufficiency by installing solar panels on your home.
Solar Technology Improvements
Solar technology has made huge strides in efficiency, durability and production lifespan. More efficient solar panels mean that each square foot of solar panel can produce even more solar power. This is extremely important for rooftop installations with limited space for solar panels who want to get more kilowatt-hours (kWh) from their system.Free Solar Quote
Greensboro Solar Incentives, Tax Credits, Exemptions and Rebates
If the upfront cost of making an investment in home solar in Greensboro has you worried, the good news is that there are incredible incentives, tax credits and more to cut down the installation costs. After reading our list of solar incentives, odds are solar panels in Greensboro, North Carolina will seem more affordable than you may have thought at first.
Greensboro Property Tax Exemption
Many homeowners know about solar power’s ability to reduce or eliminate electricity bills, but few know how going solar impacts their property value.
In Greensboro, solar installation will improve your home’s value but there is also a massive property tax exemption that makes the investment in solar worth even more.
Residential solar systems are exempt from property tax assessments to the tune of 100% of the appraised value of the total system.
Rather than seeing the increase in home value appear on your property taxes, you won’t see your home solar system appear on your property taxes at all!
Thanks to the local and state governments in North Carolina and, more specifically, Greensboro, you can get that added value without any added costs.
Greensboro Utility Rebate Programs
Duke Energy Progress, the electric utility company for Greensboro, North Carolina offers a rebate that customers can use toward their purchase of a home solar system.
Residential, commercial and even non-profit customers can take advantage of this rebate when setting up their solar systems.
Eligible customers can receive $600 in rebates for each 1kW produced by their system. For example, a customer could get a $3,000 rebate when their solar panel system produced 5kW.
That being said, the maximum amount a residential customer can receive is $6,000.Free Solar Quote
Solar Panels Rebate in Greensboro, NC for Duke Energy Progress Customers
To encourage more of their customers to make the switch to renewable energy by installing solar panels, Duke Energy Progress is offering a rebate program to help cover the cost.
Duke Energy Progress and other utility companies in North Carolina are starting to see the benefits of more customers switching to solar. The impact is so positive, that rebates like this only make the decision to go solar even better.
Here are some things to note about the Duke Energy Progress Rebate:
Solar Federal Tax Credit (ITC) in Greensboro
A substantial Solar Tax Credit offered by the United States federal government is available to businesses and homeowners in Greensboro.
This incentive gives you a 26% tax credit toward the entire cost of your solar system; including a battery.
With the Solar Tax Credit and the Duke Energy Progress Rebate applied to your solar panels, you’ll receive an incredible price when you switch to solar.
A 26% tax credit combined with a $6,000 max rebate results in a dramatic drop in the cost of your home solar system.
The Solar Federal Tax Credit for homeowners with solar power will step down to 22% in 2023.
The time is right for optimal savings. Switch to solar now while the best tax credits from the federal government are available to you.Free Solar Quote
Net Metering in Greensboro
If you want to get the most value out of your solar panels, there’s almost no greater opportunity than net metering.
With net metering, you can sell any excess electricity produced by your solar panels back to your utility company to cut down on energy costs.
Your utility company will then credit your account for the electricity that they receive. This reduces your monthly bill even further, so more of your money stays in your hands, where it belongs.
North Carolina requires all utility companies to offer net metering to solar customers at a full retail rate. Your solar panels will do more than produce power, but produce amazing potential to keep your electricity costs low.
And if you are a customer of Duke Energy Progress, you also have access to this fantastic opportunity for solar homeowners in Greensboro.
When you go solar with ADT Solar, your Solar Specialist will handle any and all requirements for eligibility for you — no questions asked.
How to Choose a Solar Company in Greensboro, NC
Choosing between solar contractors and solar professionals in your area can be intimidating, which is why it’s helpful to remember the three most important tips when choosing a solar panel company.
- Make sure the company you’re choosing has warranties in place. Not only on the labor, but products as well. That way you know you and your investment are protected in the years to come.
- Read reviews about the company you’re choosing. While you’ll see a bad review here and there (just the nature of open reviews), make sure a large majority of the reviews aren’t negative and stating the same problems over and over. That’s a clear indicator of a company to stay clear of, no matter how well known their name is.
- Choose a reputable company that’s been in the game for awhile. Again, this way you know who is the best fit. Also, you’ll have confidence knowing that your solar company will be around longer than the lifespan of your solar power installation.
ADT Solar: Solar Panel Installation Greensboro NC
ADT Solar installs solar power for homeowners in Greensboro, North Carolina and throughout the surrounding areas.
Here are just a few reasons why customers in Greensboro love working with ADT Solar:
- 25 Year Labor Warranty
- 25 Year Production Guarantee
- 25 Year Solar Panel Manufacturer Warranty
- 25 Year Enphase Microinverter Warranty
- Thousands of happy homeowners
- Free Home Energy Audit
- Roof replacement if needed
Contact us today to see if we service your area.
Free Solar Panel Quote For Greensboro, North Carolina Residents
If you’re ready to take the next step, or even if you’re considering what it would take to get you there, contact us for a free consultation to discover all your options and to receive free estimates.
Our crews install solar power systems and roofs in Greensboro, North Carolina and surrounding areas of Guilford County. Contact us today to see if we service your neighborhood and get free solar quotes for your particular needs.Free Solar Quote
See What Our Customers Are Saying
Going solar is by far the best decision I have ever made financially. It just makes sense. Why not use the same money that you’re paying your electricity companies and instead put it towards the panels? My solar specialist Freddy Bocanegra did an amazing job and continues to contact me on an almost daily basis, not as a customer but as a friend, which means the world to me. I highly recommend this company.
March 2, 2021