Welcome to TheOhioOutdoors
Wanting to join the rest of our members? Login or sign up today!
Login / Join

Solar panels, solar energy

Clay Showalter

Southern member northern landowner
6,911
155
Guilford County
@Clay Showalter

Looks like the average payback period down here is 13 years. Duke will give you some rebates, as long as you tie into the grid and allow them control of the batteries. With all the incentives it looks like you’ll save roughly 50% on the installation. Unfortunately NC only gives you a tax break on the actual increase in value of the house because of the install.
This is going to be for our new build in Virginia, we are looking at this because we are so far off the road that it will cost a lot to run power to the house. It will be interesting The tax credits that I looked are Federal.
 
  • Like
Reactions: "J"

Wiley E Coyote

Active Member
After dishing out $40.000 plus lower performance than what they were promised. They are still paying a electric bill after buying the system at about the same rate they were paying before. Those batteries are not going to last forever. If it can't run my furnace fridge freezer and A/C on its own I don't know what I'm really getting from it. That's just my thoughts on it.