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The Database of State Incentives for
Renewables & Efficiency (DSIRE)
is a free, comprehensive, user-friendly
source of information on state, local,
utitlity, and federal incentives that
promote renewable energy
and energy efficiency.
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 Tax Incentives
North Carolina’s renewable energy tax credit,
which can be combined with the Federal solar
tax credit, makes purchasing and installing a
solar energy system more
affordable now than ever. |
North Carolina Residential Tax Incentives
Eligible solar technologies:
Solar Electric (Photovoltaic) System
Solar Water Heating
Solar Swimming Pool Heating
Tax credit amount: 35% of the installed cost.
Expenditures eligible for the tax credit include the cost of equipment and associated design, construction and installation costs less any discounts, rebates, public funding, advertising, installation assistance credits, name referral allowances or other similar reductions.
Maximum credit:
$10,500 for solar electric (photovoltaic) system
$1,400 for solar water heating
$1,400 for solar swimming pool heating
The North Carolina residential solar tax credit expires December 31, 2010.
Tax Forms:
To claim this credit use the forms featured on
the DSIRE North Carolina state incentives webpage
Federal Residential Solar Tax Credits
Eligible solar technologies:
Solar Electric (Photovoltaic) System
Solar Water Heating
Tax credit amount: 30% of the expenditures for purchase
and installation.
Maximum credit:
No limit for solar electric (photovoltaic) system
No limit for solar water heating
You can claim a credit for each system; that is, 30% of the eligible expenditures for the solar water heating equipment with no limit and 30% of the eligible expenditures for photovoltaic equipment with no limit.
The Federal residential solar tax credit expires January 1, 2016.
Tax Forms:
To claim this credit use the forms featured on
the DSIRE Federal incentives webpage
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