Unlock Savings with Solar, EV, and Battery Incentives

At Wiring Solutions Plus, we’re committed to making clean energy affordable and accessible for homeowners and businesses in North Carolina. From federal tax credits to state-specific rebates and utility programs, there are numerous incentives available to help you save money while going green.

Homeowners and business owners can benefit from a wide variety of solar incentives. At the federal level, the Investment Tax Credit (ITC) allows you to deduct 30% of the installation cost of a solar energy system from your federal taxes. Learn more about the ITC on the EPA’s Inflation Reduction Act Summary page.

Additionally, North Carolina provides a property tax exemption for solar installations, meaning your property taxes won’t increase due to the added value of a solar system. Find more details on the DSIRE Property Tax Exemption page.

With these incentives in place, 2024 is the perfect time to make the switch to solar. Below, we’ve broken down the latest incentives for solar panels, EV chargers, and battery storage. Whether you’re a homeowner or a business owner, these programs can significantly reduce your upfront costs and increase your long-term savings. Let us help you navigate the options and take full advantage of these opportunities!

Solar Incentives for Homeowners and Businesses

Switching to solar energy has never been more affordable, thanks to a variety of incentives available in North Carolina:

Federal Investment Tax Credit (ITC)

Receive a 30% tax credit on the total cost of installing a solar energy system.
Applies to both residential and commercial installations.
For more details, visit the IRS Residential Clean Energy Credit page.

Duke Energy PowerPair Program

Save up to $9,000 when you install a solar + battery storage system.
Solar Panels: $0.36 per watt for systems up to 10 kW (max $3,600).
Battery Storage: $400 per kWh for batteries up to 13.5 kWh (max $5,400).
Limited spots available – act fast!
See more program details on Duke Energy's PowerPair Program Page.

North Carolina Property Tax Exemption

Solar installations won’t increase your property taxes, even as they boost your home’s value.

Rural Energy for America Program (REAP)

Offers grants and loans to rural businesses and agricultural producers for solar installations and energy efficiency improvements.
Learn more on the USDA REAP webpage.

Call us at (984) 200-7489 to learn more about these incentives and how to apply.

EV Charger Incentives for Homeowners and Businesses

Electric vehicle (EV) owners can take advantage of these incentives to make charging at home more affordable:

Federal Tax Credit for Alternative Fuel Vehicle Refueling Property:

Receive a 30% tax credit (up to $1,000 for individuals or $30,000 for businesses) for EV charger installation costs.
For more details, visit the IRS page.

Duke Energy EV Charger Prep Credit:

Eligible North Carolina customers can receive up to $1,117 in credits to cover installation costs like wiring, outlets, and panel upgrades.
Does not cover the cost of the EV charger itself.
Learn more here: Duke Energy EV Credit.

Call us at (984) 200-7489 to learn more about EV charger incentives and schedule your installation.

Battery Storage Incentives for Homeowners and Businesses

Pairing battery storage with your solar system ensures you have power during outages and maximizes your energy savings. Here’s how you can save:

Duke Energy PowerPair Program:

Save up to $5,400 on battery storage when installed with a solar system.
Combines with solar incentives for even greater savings.
See more program details on Duke Energy's PowerPair Program Page.

Federal Investment Tax Credit (ITC)

Battery storage systems also qualify for the 30% federal tax credit.

Call us at (984) 200-7489 to learn more about battery storage incentives and how to get started.

Optimize Energy & Save with Incentives

Duke Energy EnergyWise Home Battery Control Program

Duke Energy's EnergyWise Home Battery Control program helps customers optimize energy usage by managing their home battery during peak demand periods. By enrolling, customers allow Duke Energy to access and discharge their battery for short periods to reduce stress on the grid, which helps enhance energy reliability and efficiency. Participants can enjoy bill credits while maintaining backup power for emergencies. For more information, visit the EnergyWise Battery Control Webpage.

Bonus depreciation For Businesses

Bonus depreciation allows businesses to deduct a portion of the cost of commercial solar installations in the first year. For solar assets placed in service in 2025, businesses can claim a 40% bonus depreciation, which helps reduce upfront costs and accelerates return on investment. For more details on bonus depreciation and its application to solar energy projects, visit DSIRE's Commercial Solar Depreciation page.

How to Apply for Incentives

Applying for incentives doesn’t have to be complicated. Here’s a quick guide to help you get started:

Federal Tax Credits

Keep all receipts and documentation from your installation.
Claim the credit when filing your federal taxes.

Duke Energy PowerPair Program

Submit a valid interconnection request.
Apply online through Duke Energy’s website.
Provide detailed specifications for your solar panels and battery storage.

Duke Energy EV Charger Prep Credit

Apply directly through Duke Energy’s site with proper project documentation.

REAP Grants and Loans

Visit the USDA REAP webpage for application details and eligibility requirements.

If you need help with any part of the process, Wiring Solutions Plus is here to guide you. Call us at (984) 200-7489 for assistance.

Ready for Reliable Power and Expert Electrical Services?

Whether you need a standby generator, generator maintenance, or general electrical services, Wiring Solutions Plus is here to help. We’re committed to providing reliable, professional service that keeps your home or business running smoothly.

Call us today at (984) 200-7489 to schedule your free estimate or learn more about our services. Let’s power your life with confidence!