North Carolina · Tax exemption · Deep-stack program
NC Renewable Energy Property Tax Exclusion
Removes a tax burden residential solar owners in North Carolina would otherwise carry -- see what it covers, eligibility, and payback impact below.
- 80% appraised value exclusion
- stated benefit
- Residential
- eligible customers
- 14.4 yr
- North Carolina baseline payback
- 3
- other North Carolina programs
Deep-stack program · late directory
North Carolina runs a 4-program DSIRE stack; this tax exemption is one layer on a 14.4-year modeled baseline, not the whole story.
- Stack4 programs
- In-state #3/3
- Type #24/45
- Baseline14.4 yr
In-state directory place #3 of 3 (late alphabet). National tax exemption directory #24 of 45. Amounts and eligibility change; verify with the official program page before relying on a dollar figure. Informational only - not financial advice. See our disclaimer.
Program description
Solar systems are assessed at 80% below appraised value for property tax purposes.
Program at a glance
- Program type
- Tax exemption
- Eligible customers
- Residential
- Stated benefit
- 80% appraised value exclusion
- State electricity rate
- 12.8¢/kWh
- North Carolina solar score
- 33/100
Solar's trajectory in North Carolina
The market this incentive operates in: total installed solar capacity in North Carolina reported to the EIA.
North Carolina's solar incentive stack
How this tax exemption sits among North Carolina's 3 tracked programs, by type
- Tax exemption
Tax exemption
1 programs
- Net metering
Net metering
1 programs
- Rebate
Rebate
1 programs
What this shows North Carolina tracks 3 incentive types; 1 are tax exemptions like this one, removing a cost solar owners would otherwise carry, on top of the state's other program types.
How this tax exemption layers inside North Carolina's deep stack
The NC Renewable Energy Property Tax Exclusion removes a tax burden solar owners would otherwise carry, one of North Carolina's DSIRE-tracked solar incentive programs. Eligibility is scoped to residential customers, with a stated benefit of 80% appraised value exclusion. DSIRE lists no scheduled sunset, though enabling legislation and appropriations can still be revised year to year.
That baseline is slower than most states, which raises the stakes for every incentive on the table. North Carolina averages 5.2 kWh/m²/day of usable sunlight and residential rates of 12.8¢/kWh, producing an estimated 9,110 kWh/year and $1,166 of annual utility offset on a typical 6 kW system costing $16,800. That baseline already implies a 14.4-year simple payback and a 25-year modeled net of roughly $12,350 before this incentive - every dollar this tax exemption delivers compresses that payback further.
North Carolina bundles a deep incentive stack, so this program rarely stands alone. North Carolina has 4 solar incentive programs indexed in DSIRE, including adjacent options like NC Net Metering, Duke Energy NC Solar Rebate. The state's net-metering policy is classified as full, which governs how excess generation is credited and often decides whether a given program is worth claiming for a specific household.
Other North Carolina incentives
Frequently asked questions
Where does the NC Renewable Energy Property Tax Exclusion sit in North Carolina's deep program stack?
How does this tax exemption work beside North Carolina's other programs?
Who qualifies, and what does a late in-state directory place mean?
How does this incentive affect solar ROI in North Carolina?
Which other North Carolina programs stack with this one?
Incentive data from the DSIRE (Database of State Incentives for Renewables & Efficiency); state solar economics from NREL and the U.S. EIA. See our methodology · North Carolina solar data · ROI calculator · All incentives.