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North Carolina, United States

Raleigh Home Savings

Calculate potential savings from solar panels, heat pumps, and home efficiency upgrades in Raleigh.

Market Analysis: Raleigh vs national Avg

Homeowners in Raleigh typically break even on solar in 17 years, which is 89% slower than the national average.

This is because electricity in North Carolina costs typical $0.12/kWh, while Raleigh receives 2,750 peak sun hours per year (above United States average).

Residents of Raleigh may also qualify for the Federal ITC (30%) and local 30% Federal ITC incentives.

$0.12/kWh
Electricity Rate
$1,700
Est. Annual Savings
17%
Avg ROI
3.9 tons/yr
CO₂ Offset
2,750
Sun Hours/Year
470K
Population
Adjust Home Size:2,000 sq ft

Financial Projection (10 Years)

*Comparing solar savings vs. standard grid usageDrag slider above to adjust scenarios

Available Incentives in Raleigh

Available Now

30% Federal ITC

Currently Active
Available Now

Duke Energy Solar

Currently Active

🎯 Recommended Upgrades

🥇 Solar Panels
Offset high US electricity rates and claim the 30% Federal Tax Credit.
🥈 Heat Pump
Efficient all-electric heating/cooling eligible for IRA rebates.
🥉 Smart Thermostat
Control central A/C costs during peak summer usage hours.

Featured Manufacturers

BrandRatingCostKey Features
SunPower
4.9
$$$
HQ in Silicon ValleyMaxeon Tech
Tesla
4.5
$$
Powerwall IntegrationSleek Aesthetics
Sunrun
4.4
$$
Leasing LeaderWidely Available
*Ratings based on aggregate consumer reviews and industry reports.

Raleigh Energy Profile

Electricity Mix
Nuclear 35%, Gas 30%
Climate Type
moderate
Annual Sun Hours
2,750 hours
Avg Energy Rate
$0.12/kWh

🏙️ More Cities in United States

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📊 Helpful Guides

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❓ Frequently Asked Questions: Raleigh Energy Savings

How much do solar panels cost in Raleigh?

In Raleigh, residential solar panel systems typically cost $6,800-$10,200 before incentives. With available incentives like 30% Federal ITC, homeowners can save 20-30% on installation costs. The average ROI in Raleigh is 17% annually.

What is the electricity rate in Raleigh?

The average residential electricity rate in Raleigh is $0.12/kWh. This is competitive, but solar and heat pump upgrades still offer strong ROI. The local grid uses: Nuclear 35%, Gas 30%.

What incentives are available in North Carolina?

Homeowners in North Carolina can access several incentives: 30% Federal ITC, Duke Energy Solar. These programs can significantly reduce upfront costs for solar panels, heat pumps, and other energy efficiency upgrades. Contact local installers for current eligibility requirements.

What are the best home energy upgrades for Raleigh?

Based on Raleigh's moderate climate and energy rates, the most recommended upgrades are: Solar Panels, Heat Pump, Smart Thermostat. With 2,750 annual sun hours, solar panels offer excellent returns. Average annual savings: $1,700.

How many sun hours does Raleigh get per year?

Raleigh receives approximately 2,750 hours of sunshine annually. This is excellent for solar energy production. For comparison, the global average is about 2,500 hours. This translates to an estimated CO₂ offset of 3.9 tonnes per year with a typical solar installation.

What is the average home energy savings in Raleigh?

Homeowners in Raleigh can expect to save an average of $1,700 per year by implementing the recommended upgrades (Solar Panels + Heat Pump). Over a 10-year period, this represents total savings of $17,000, with a typical ROI of 17% annually.

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Estimates are for illustrative purposes only. Actual savings depend on specific home characteristics, local rates, and installation costs. Data sourced from public energy agencies. Consult professionals for accurate quotes.