Solar Savings Calculator for Fayetteville, NC
Homeowners in Fayetteville pay an average of $145/month for electricity through Duke Energy Progress. With 4.9 peak sun hours per day, solar panels can significantly reduce your energy costs.
$145
Avg Monthly Bill
13.8¢/kWh
Electricity Rate
4.9h/day
Peak Sun Hours
$46,989
Est. 25-Year Savings
Calculate Your Savings in Fayetteville
Adjust Your Details for Fayetteville, NC
$
$50$1,000
50010,000
5¢50¢
Your Estimated Solar Savings
System Size
7.2 kW
Panel Count
18 panels
Total System Cost
$19,440
Federal Tax Credit (30%)
-$5,832
Net Cost
$13,608
Annual Savings
$1,740
Payback Period
7.8 years
25-Year Savings
$46,989
Return on Investment
345%
* Estimates based on 4.9 peak sun hours/day in Fayetteville, 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 Fayetteville
Utility & Permits
- Utility Company
- Duke Energy Progress
- Permit Cost
- $300
- Permit Timeline
- 2-3 weeks
- Net Metering
- full
System Estimates
- Recommended Size
- 7.2 kW
- Panel Count
- 18 panels
- Gross Cost
- $19,440
- Net Cost (after credits)
- $13,608
Available Incentives for Fayetteville, 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.
North Carolina Renewable Energy Tax Credit
Excludes 80% of the appraised value added by solar from property taxes.
Other Cities in North Carolina
More Solar Tools for Fayetteville
Fayetteville Solar IncentivesAll available tax credits and rebatesFayetteville Cost ComparisonSolar vs. grid costs over 25 yearsFayetteville System SizingHow many panels your home needsFayetteville Permits & RegulationsLocal permit requirementsIs Solar Worth It in Fayetteville?Data-driven analysis for your cityFayetteville Financing OptionsCompare loans, leases, and PPAs
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