North Carolina residents have the opportunity to save significantly on solar panel installations through various incentives, including the federal solar tax credit. This credit allows homeowners to deduct 30% of the total installation costs from their federal taxes, making solar power more affordable. Additionally, while the state itself doesn’t offer a specific NC solar tax credit, residents can benefit from property tax exemptions. This means that even though solar panels increase home value, homeowners won’t pay extra in property taxes. Coupled with Duke Energy solar rebates, which provide cash back on installations, North Carolinians can enjoy lower upfront costs and faster returns on their investment in solar power. Switching to solar in North Carolina not only benefits the environment but also offers substantial financial savings!