Solar Panel ROI in 28202

Charlotte, North Carolina — Is solar worth it here? Here's what the data says.

2.1x ROI Score
11.9 yrs Payback Period
$1,124/yr Annual Savings
$28,100 25-Year Savings

Your savings estimate

$ /mo bill
Annual savings $1,124
·
Payback 11.9 yrs
·
25-yr savings $28,100

Solar Calculator for 28202 (Charlotte)

Adjust values to see your personalized solar ROI estimate for Charlotte, North Carolina.

kW
$
$ /kWh
5.13 kWh/m²/day
Based on NREL data for Charlotte, NC
ROI Score 2.1x
Annual Production 8,988 kWh
Annual Savings $1,124
Payback Period 11.9 years
25-Year Savings $28,100
After 30% ITC $9,380

Solar Data for 28202 – Charlotte, NC

Solar Irradiance 5.13 kWh/m²/day +3.4% vs national avg
vs North Carolina Avg +0.6% State avg: 5.16 kWh/m²/day
Electricity Rate $0.125/kWh North Carolina average rate
Annual Production 8,988 kWh 6kW system estimate

Charlotte's 5.13 kWh/m²/day is 3.4% above the national average. At $0.125/kWh, the 11.9-year payback is moderate. Tax credits and incentives can shorten it meaningfully.

Solar Incentives for Charlotte, North Carolina

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Federal Investment Tax Credit (ITC)

Claim 30% of your system cost as a federal tax credit. On a $13,400 system, that's $4,020 back.

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Net Metering

Most North Carolina utilities offer net metering — sell excess electricity back to the grid at retail rates, accelerating your payback.

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North Carolina State Programs

Check with the North Carolina energy office for additional rebates, tax exemptions, and low-interest solar financing programs available in Charlotte.

28202 vs North Carolina Average

Solar Irradiance
28202: 5.13 NC avg: 5.16
Payback Period
28202: 11.9 yrs NC avg: 12.9 yrs
Annual Savings
28202: $1,124 NC avg: $1,035
25-Year Savings
28202: $28,100 NC avg: $25,875

See the full North Carolina solar guide for statewide data and incentives.

Nearby Zip Codes — Solar Comparison

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