Solar Lighting Incentives in North Carolina

With the second largest capacity for installation in the U.S, North Carolina is quickly becoming a mecca for commercial solar lighting. From Raleigh to the Applachians, North Carolinians are beginning to see the huge benefits by switching to Solar. By installing Greenshine solar lights you can immediately—and at almost anytime of the year—start saving on your energy costs and join in on this growth.

The “Tar Heel State” is no stranger to using the natural resources of the state to create industry. With over $1 billion in investment in solar in the state, Solar is becoming what was the pine trees of early settlers in terms of creating wealth for the state. Due to this investment, opportunities and incentives for installing solar have been enacted throughout the state. Federal Investment Tax Credits (ITC) can save you 30% on the cost of installing outdoor solar powered lights. Randolph EMC Commercial and Industrial Efficient rebates for those installing outdoor solar lighting. Other tax rebate and loan programs are also available, consult your local power company for more information.

Even with all these incentives to save on outdoor solar lighting, there are even more ways to keep money in your pocket. With commercial solar powered lighting, there is no time or money wasted on trenching and metering unlike traditional outdoor lighting, which can tear up your streets and bank account. For comparison trenching for original power lines may cost you $75,000 while our services run on average of $45,000. That’s a savings of $30,000! Not to mention the additional year-over-year saving costs of installing solar lighting.

Greenshine New Energy makes it easy to install solar powered lighting for your business or municipality. There has never been a better time to switch to outdoor solar power lighting and reap the benefits of North Carolina sun.

Solar Lighting Incentives in North Carolina

1) Property Tax Abatement for Solar Electric Systems

https://programs.dsireusa.org/system/program/detail/3036

North Carolina exempts 80% of the appraised value of a "solar energy electric system" (such as a solar LED lighting system from Greenshine) from property tax. systems that are not used to generate income or in connection with a business may be entirely exempt from property taxes as non-business personal property.

2) Town of Carrboro - Worthwhile Investments Save Energy (WISE) Homes and Buildings Program

https://programs.dsireusa.org/system/program/detail/4567

http://townofcarrboro.org/166/1563/WISE-Energy-Efficiency-Loan-Fund

The Town of Carrboro is providing loans to Carrboro businesses and non-profits with fewer than 50 employees to increase their energy efficiency. The current interest rate is 3% and the maximum loan term is 10 years. Take advantage of this offer when you upgrade to solar LED lighting from Greenshine.

3) Local Option - Green Building Incentives

https://programs.dsireusa.org/system/program/detail/2956

To encourage sustainable building practices, North Carolina law allows all counties and cities to provide reductions or partial rebates for building permit fees. Find out if installing solar LED lighting can help you reduce permit fees.

4) Local Option - Financing Program for Renewable Energy and Energy Efficiency

https://programs.dsireusa.org/system/program/detail/3649

North Carolina allows cities and counties to establish revolving loan programs to finance renewable energy and energy efficiency projects that are permanently affixed to residential, commercial, or other real property. Cities and counties can also establish loan loss reserve funds to assist in the financing of eligible projects, or other types of finance programs funded through federal and state grants or their own general revenue.

5) PSNC Energy (Gas) - Green Building Rate Discount

https://programs.dsireusa.org/system/program/detail/3720

https://www.psncenergy.com/for-my-home/save-energy-and-money/discount-rate

This discounted rate is available to commercial customers whose building meets the U.S. Green Building Council’s Leadership in Energy and Environmental Design (LEED) certification or equivalent. Find out if solar LED lighting can help you achieve these standards.