Typical home: Close call

Solar in Concord, NC

With Duke Energy Carolinas's electricity at about 14.2¢ per kWh and 1,453 kWh of sun per kW, solar is a close call for a typical Concord home today: about a 14.5-year payback.

Payback, typical home
14.5 yrsNorth Carolina: 14.2 yrs
25-year net
$18,403after paying $20,890
Sun
1,453kWh per kW per year
Electricity
14.2¢21% below U.S. average

A typical Concord home, by the numbers

UtilityDuke Energy Carolinas
Electricity use996 kWh a month
Best-value system7.4 kW, about 17 panels, 10,753 kWh a year (90% of use)
Cost$20,890
First-year savings$1,471
Payback14.5 years
Exported power3.5¢/kWh (Duke Energy Carolinas)

Cash purchase, no federal credit, 2.2% yearly rate increases. Run it with your own numbers.

Solar production per kW in Concord

kWh per kW each month, south-facing at 20° tilt. PVWatts v8 with local typical-year weather.

Show as a table
PeriodValue
Jan98
Feb100
Mar127
Apr133
May147
Jun144
Jul142
Aug138
Sep128
Oct112
Nov98
Dec86

Homes in Concord

Owner-occupied homes
65%
Single-family detached
72%
Median home value
$354k
Median year built
1998
Population
108,719
Roofs suitable for solar†
81%

Census ACS 2020–2024. †Share of 22,786 buildings Google Project Sunroof rated technically suitable (2019 snapshot).

Installers working in Concord

Public installation records for North Carolina don't name installers, so we can't rank local companies here. Browse installers in North Carolina.

Always verify the license and get at least three quotes. Compare quotes side by side.

Questions about solar in Concord

Is solar worth it in Concord, NC?

For a typical home in Concord, solar is a close call at 2026 prices: a 7.4 kW system costs about $20,890 after state incentives, saves about $1,471 in year one and pays back in about 14.5 years. Enter your address for an estimate based on your roof and bill.

How much solar power does a system produce in Concord?

About 1,453 kWh per year for each kW of panels on a south-facing roof, based on PVWatts and local weather. That's 3% more than the North Carolina average. East- or west-facing roofs produce roughly 10–20% less.

Who is the electric utility in Concord?

Most homes in Concord are served by Duke Energy Carolinas, at about 14.2¢ per kWh on average. Some areas are served by City of Concord, Union Electric Membership, EnergyUnited Electric Member.

How much do solar panels cost in Concord?

A fair cash price is around $2.85 per watt before incentives, so about $20,890 for a 7.4 kW system. There's no federal tax credit for homeowners who buy in 2026.

Nearby

Data: PVWatts (National Laboratory of the Rockies), EIA-861 2025 adjusted to 2026, U.S. Census ACS, LBNL Tracking the Sun, state policy research as of October 2026.