Solar Savings Calculator for Wilmington, NC
Homeowners in Wilmington pay an average of $148/month for electricity through Duke Energy Progress. With 5 peak sun hours per day, solar panels can significantly reduce your energy costs.
$148
Avg Monthly Bill
13.8¢/kWh
Electricity Rate
5h/day
Peak Sun Hours
$48,243
Est. 25-Year Savings
Calculate Your Savings in Wilmington
Adjust Your Details for Wilmington, 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
$1,776
Payback Period
7.7 years
25-Year Savings
$48,243
Return on Investment
355%
* Estimates based on 5 peak sun hours/day in Wilmington, 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 Wilmington
Utility & Permits
- Utility Company
- Duke Energy Progress
- Permit Cost
- $325
- Permit Timeline
- 2-4 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 Wilmington, 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 Wilmington
Wilmington Solar IncentivesAll available tax credits and rebatesWilmington Cost ComparisonSolar vs. grid costs over 25 yearsWilmington System SizingHow many panels your home needsWilmington Permits & RegulationsLocal permit requirementsIs Solar Worth It in Wilmington?Data-driven analysis for your cityWilmington Financing OptionsCompare loans, leases, and PPAs
Ready to Go Solar in Wilmington, NC?
Ready to Go Solar in Wilmington?
Get a free personalized quote for your Wilmington home. We handle permits, installation, and utility interconnection.
Get Your Free Quote