Leasing Solar Panels In North Carolina

The leasing of solar energy facilities is a critical component of the bipartisan hb 589 competitive energy solutions for north carolina that was signed by governor cooper in july 2017 nc interfaith power and light commented.

Leasing solar panels in north carolina.

A combination of high sun exposure the federal tax credit net metering plus local and utility incentives means that homeowners get a great return on investment by installing residential solar panels in the tar heel state. The solar carve out in north carolina s rps states that 0 2 of the state s electricity must be generated from solar by 2019. The terms in each solar ground lease will differ significantly from developer to developer but with the help of an attorney and the explanations above a landowner considering leasing their farmland for solar development in north carolina should have a clearer picture of exactly the rights and obligations of the parties to the lease. Best ways to pay for your panels cash.

The north carolina solar carve out numbers have already been achieved by the state s utilities. Buying solar panels requires an investment and more decision making than leasing but over the long term the benefits of owning your system are hard to beat. If you think that seems low you re right. North carolina is an excellent state for solar panel installations.