Progress will pay for solar panels

November 16, 2010 

Progress Energy will soon pay its North Carolina customers up to $10,000 for installing rooftop solar panels on their homes.

The solar energy incentive, approved Monday by the N.C. Utilities Commission, will cut the cost of solar panels to as little as one-third, when combined with state and federal tax credits.

The Progress incentive will provide a significant financial discount to homeowners interested in using solar energy, said Brian Lips, a policy analyst at the N.C. Solar Center in Raleigh.

Raleigh-based Progress will begin offering the incentive program SunSense on Jan. 1. It will be available only to the electric utility's customers in this state.

The incentive will pay customers an upfront rebate of $1,000 per kilowatt capacity, depending on the size of the solar array, with the total rebate ranging between $2,000 and $10,000.

As part of the SunSense program, Progress is also offering a monthly bill credit ranging from $9 to $45, depending on the size of the solar array.

The rebates will be subsidized by all Progress customers in their bills.

News & Observer is pleased to provide this opportunity to share information, experiences and observations about what's in the news. Some of the comments may be reprinted elsewhere in the site or in the newspaper. We encourage lively, open debate on the issues of the day, and ask that you refrain from profanity, hate speech, personal comments and remarks that are off point. Thank you for taking the time to offer your thoughts.

Commenting FAQs | Terms of Service