Is Solar Worth It in Durham, NC?
A data-driven analysis based on Durham's electricity rates, sun exposure, and available incentives.
Yes, Solar Is Worth It in Durham
With a 8.3-year payback and 322% ROI, solar is an excellent investment in Durham.
8.3 years
Payback Period
$46,233
25-Year Savings
322%
Return on Investment
$14,364
Net System Cost
$145
Monthly Savings
$1,740
Annual Savings
7.6 kW
System Size
$821
Home Value Boost
Why Solar Works in Durham
- +Full net metering — get retail credit for excess energy
- +SRECs available — earn additional income from solar production
- +Estimated $821 increase in home value
- +30% federal tax credit reduces upfront cost significantly
- +Protection against future electricity rate increases (avg 3%/year)
Considerations
No significant drawbacks for solar in Durham.
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