Solar Savings Calculator for Asheville, NC

Homeowners in Asheville pay an average of $138/month for electricity through Duke Energy Carolinas. With 4.5 peak sun hours per day, solar panels can significantly reduce your energy costs.

$138
Avg Monthly Bill
13.2¢/kWh
Electricity Rate
4.5h/day
Peak Sun Hours
$42,552
Est. 25-Year Savings

Calculate Your Savings in Asheville

Adjust Your Details for Asheville, NC

$
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Your Estimated Solar Savings

System Size
8 kW
Panel Count
20 panels
Total System Cost
$21,600
Federal Tax Credit (30%)
-$6,480
Net Cost
$15,120
Annual Savings
$1,656
Payback Period
9.1 years
25-Year Savings
$42,552
Return on Investment
281%

* Estimates based on 4.5 peak sun hours/day in Asheville, NC, system cost of $2.7/watt, 30% federal ITC, 3% annual electricity inflation, and 0.5% annual panel degradation over 25 years. Actual results may vary.

Local Solar Details for Asheville

Utility & Permits

Utility Company
Duke Energy Carolinas
Permit Cost
$325
Permit Timeline
2-4 weeks
Net Metering
full

System Estimates

Recommended Size
8 kW
Panel Count
20 panels
Gross Cost
$21,600
Net Cost (after credits)
$15,120

Available Incentives for Asheville, NC

Federal Solar Investment Tax Credit (ITC)

Reduces federal income tax liability by 30% of the total cost of a solar energy system, including equipment and installation.

30% of system cost

North Carolina Renewable Energy Tax Credit

Excludes 80% of the appraised value added by solar from property taxes.

Property tax exemption for 80% of added value

Other Cities in North Carolina

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