ADT Solar: Trusted Solar Installation in Winston-Salem North Carolina
Home solar power in Winston-Salem NC has been expanding lately thanks to a combination of federal, state, and local solar power incentives and rebates. Finding the right solar panel installer in North Carolina may be overwhelming, but ADT Solar, one of the nation’s top rated solar companies, has you covered. ADT Solar has a reputation for providing quality service since 2008 and in 2021 Solar Power World ranked ADT Solar (formerly Sunpro Solar) #2 for Top Residential Solar Installer in the United States. Let’s find out why Winston-Salem is such a great place to go solar.
Winston-Salem Solar Panels
Living in Winston-Salem NC, you may know that the city is rich with history and is home to the headquarters of the R. J. Reynolds Tobacco Company and Krispy Kreme. What you may not know is that it’s also a great place for solar power. In fact, North Carolina currently ranks #3 in the entire country for solar power. Why is solar energy growing so rapidly across the state of North Carolina? Switching to solar power for your home not only saves you money on your energy bills, but also helps the environment in North Carolina and reduces your carbon footprint.
In addition, Duke Energy is offering solar rebates to their customers in 2021 for switching to solar energy. Although available funds for rebates have run out already in the first half 2021, Duke customers can join a waitlist for the rebate starting in July 2021. Keep reading to find all the incentives available to North Carolina residents for going solar.
Winston-Salem Solar Incentives
The great news for Winston Salem residents is that North Carolina has made state-wide policies to promote solar energy to more homes and businesses. Here is an overview of North Carolina’s solar incentives including the 26% federal tax credit, net metering, and local utility solar rebates.
Federal Solar Tax Credit
When you decide to invest in solar panels you want to do it for the best deal available. And the best incentive of all is offered by the federal government. The federal government knows that renewable energy such as solar energy systems are the future of energy generation. To assists homeowners get solar panels installed, they are offering a 26% Federal Solar Tax Credit to help cover a portion of the total cost of your solar system, including installation and solar batteries.
Let’s use an example. Say you purchased a new solar panel system, and the total cost was $12,000. If you took advantage of this incentive, you would get 26% of that cost back in tax credits. In this case, that would be $3,120, which would reduce the actual cost of your solar panels to $8,880. You could use that tax credit towards your tax liability for that year. And if you don’t use it all one year, it just rolls right over to the next. This tax credit has helped many people go solar in North Carolina, and you can do the same.
The Federal Tax Credit will remain at 26% through the end of 2022. Starting January 1, 2023, the tax credit will decrease to 22% of the total cost of your solar panel installation, and it will go away altogether in 2024.
Net Metering for North Carolina Solar Panels
Another way to get the most out of your solar panel system in North Carolina is to participate in a program called net metering.
Net metering a system in which you sell any excess electricity produced by your solar panels to your utility company. They will then credit your account for this energy, which reduces your monthly bill even further. Currently, the following utility companies offer net metering: Duke Energy and Dominions. Many municipal utilities and electric co-ops offer net metering as well. Even better news: the requirements for net metering are all handled on your behalf by ADT Solar, you don’t have to worry about a thing when it comes to setting up net metering with your utility company.Free Solar Quote
North Carolina Solar Rebates
As if the Federal Solar Tax Credit and net metering weren’t good enough incentives, there’s another one you can take advantage of! If you’re a customer of Duke Energy or Duke Energy Progress, you may qualify for their North Carolina Solar Rebate Program. If you do qualify, you could get a rebate of $.0.60 per watt! Solar energy systems of 10 kW or less are eligible for a maximum rebate of $6,000.
Aside from the program being first-come, first-serve, there are only a few requirements. The customer must:
- Complete and submit their Solar Rebate Application within 90 days of installing their solar panel system.
- Complete and submit any other required documentation.
- Qualify for Net Metering.
- Retain service under the rider for a minimum of ten years from the date of the initial participation.
- Own or lease the PV systems installed on their property.
- The customer may apply to the program prior to the installation of the system, in which case a written guarantee will be provided to reserve the rebate for the owner.
- The installation must be completed no later than December 31st of the application year for residential customers.
- For commercial customers, their systems must be installed no later than one year from the date of an executed interconnection agreement by the company.
Please note: Available funds for rebates have run out already in the first half 2021; however, Duke customers can join a waitlist for the rebate.
Property Tax Exemption for North Carolina Solar Panels
When you install solar panels on your home, your property value increases. This is yet another great perk of installing solar panels! However, you may be concerned that this added value will also add to your property taxes. But don’t worry. The North Carolina government has decreed that 80% of the value of your solar panels is exempt from property taxes. The added value to your home will give you more sellers power should you ever need to move and are unable to take your solar panels with you.
How to Choose a Solar Company in Winston Salem 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 in your area.
- Make sure the company you are choosing has strong warranties in place. Not only on the labor, but products as well. That way you know you and your investment are protected for 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.
- Choose a reputable company that’s been in the game for awhile. You’ll have confidence knowing that your solar company will be around longer than the lifespan of your solar power installation.
ADT Solar: Solar Installation Winston Salem
ADT Solar has been installing solar panels for over ten years. Our technicians are experienced and licensed, our solar panels are from LG and our inverters are from Enphase, both leading brands in the solar industry.
With each installation also comes:
- Our 25-year Production Guarantee
- Our 25-year Labor Warranty
- A FREE Energy Audit to make sure you see maximum savings.
At ADT Solar, we pride ourselves on offering nothing less than the best service to our customers. We offer stress-free, turnkey solutions so that you get all the benefits of going solar without having to worry about a thing. We service the greater Fayetteville, Raleigh, and Winston-Salem areas. Contact us today to learn more!Free Solar Quote
See What Our Customers Are Saying
Our family had been interested in going solar for awhile now and began looking for a company. After reading reviews, we finally made the switch in 2019 and chose [ADT Solar]. Our first point of contact was Cole Denckla. His professionalism and knowledge of [solar] was without a doubt what sealed the deal for us. He answered all of our questions and we had plenty. If for some reason he didn’t know the answer he would find out for us without hesitation. From start to finish, they/he have been committed to our complete satisfaction. We would recommend them for all your solar energy needs.
March 29, 2021