Typical home: Close call

Solar in Hickory, NC

With Duke Energy Carolinas's electricity at about 14.2¢ per kWh and 1,440 kWh of sun per kW, solar is a close call for a typical Hickory home today: about a 14.7-year payback.

Payback, typical home
14.7 yrsNorth Carolina: 14.2 yrs
25-year net
$16,299after paying $19,010
Sun
1,440kWh per kW per year
Electricity
14.2¢21% below U.S. average

A typical Hickory home, by the numbers

UtilityDuke Energy Carolinas
Electricity use996 kWh a month
Best-value system6.6 kW, about 15 panels, 9,502 kWh a year (79% of use)
Cost$19,010
First-year savings$1,322
Payback14.7 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 Hickory

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

Show as a table
PeriodValue
Jan96
Feb98
Mar125
Apr138
May146
Jun140
Jul139
Aug133
Sep121
Oct121
Nov98
Dec84

Homes in Hickory

Owner-occupied homes
55%
Single-family detached
55%
Median home value
$278k
Median year built
1982
Population
44,258
Roofs suitable for solar†
74%

Census ACS 2020–2024. †Share of 8,985 buildings Google Project Sunroof rated technically suitable (2019 snapshot).

Installers working in Hickory

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 Hickory

Is solar worth it in Hickory, NC?

For a typical home in Hickory, solar is a close call at 2026 prices: a 6.6 kW system costs about $19,010 after state incentives, saves about $1,322 in year one and pays back in about 14.7 years. Enter your address for an estimate based on your roof and bill.

How much solar power does a system produce in Hickory?

About 1,440 kWh per year for each kW of panels on a south-facing roof, based on PVWatts and local weather. That's 2% more than the North Carolina average. East- or west-facing roofs produce roughly 10–20% less.

Who is the electric utility in Hickory?

Most homes in Hickory are served by Duke Energy Carolinas, at about 14.2¢ per kWh on average. Some areas are served by Blue Ridge Electric Member, Rutherford Electric Member, EnergyUnited Electric Member.

How much do solar panels cost in Hickory?

A fair cash price is around $2.85 per watt before incentives, so about $19,010 for a 6.6 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.