Increase the Value of Your Property.

Compare the system prices below to what the utility company will charge you over the long run. Even if you don’t plan to stay in your home for the 25 year long-haul, your property value will increase more than the system cost with no property tax assessments, meaning the already paid for system will pay for itself again upon the sale of your home!

According to the National Appraisal Institute, you can increase you home value by $20 for every $1 reduction in annual utility bills, and your property tax won’t increase as a result! In most cases you can earn returns in the range of 10-15% per year: a higher return than long term CDs with much less risk than the stock or bond market. “Lock in” in your electricity rates for 25+ years as opposed to paying electricity costs that have been increasing at 3% or more per year and have spiked sharply in recent years.

Average Residential Solar Thermal System -- 2 panel Slim-line

Average Residential Solar Thermal System
Base System Cost Installed:                    $ 7,800
30% Federal Tax Credit:                      - $ 2,350
Maximum NC State Tax Credit:             - $ 1,400

Average Yearly Utility Savings                $480.00
Annual SREC Payment*                         $280.00

*SREC Trade
srectrade.com offers thermal SREC payments to solar hot water system owners based on OG-300 system size.

Net System Cost: $3,850 (price subject to changes)
Other utility incentives may apply.


Average Residential Photovoltaic System -- 3 kW or 15 panels

This example is based on a typical Duke Energy or Electric Co-op customer selling all of their energy back to the grid in a dual meter "buy all / sell all " scenario.

Base System Cost Installed:               $ 20,400.00
35% NC State Tax Credit:                - $ 7,840.00
30% Federal Tax Credit:                  - $ 6,720.00

Annual Revenue from PV System       $ 660.00 (based on selling to NC greenpower / Utility)

Current REC Prices
SREC Trade                                   .08 cents kW/hr
NC Greenpower                              .10 cents kW/hr

Net System Cost: $7,840.00 (price subject to changes)
Other incentives may apply