Typical home: Close call

Solar in Wake Forest, NC

With Duke Energy Carolinas's electricity at about 14.2¢ per kWh and 1,376 kWh of sun per kW, solar is a close call for a typical Wake Forest home today: about a 15.3-year payback.

Payback, typical home
15.3 yrsNorth Carolina: 14.2 yrs
25-year net
$15,344after paying $19,715
Sun
1,376kWh per kW per year
Electricity
14.2¢21% below U.S. average

A typical Wake Forest home, by the numbers

UtilityDuke Energy Carolinas
Electricity use996 kWh a month
Best-value system6.9 kW, about 16 panels, 9,495 kWh a year (79% of use)
Cost$19,715
First-year savings$1,323
Payback15.3 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 Wake Forest

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

Show as a table
PeriodValue
Jan94
Feb93
Mar121
Apr133
May136
Jun139
Jul137
Aug130
Sep118
Oct105
Nov89
Dec82

Homes in Wake Forest

Owner-occupied homes
74%
Single-family detached
69%
Median home value
$475k
Median year built
2009
Population
52,844
Roofs suitable for solar†
81%

Census ACS 2020–2024. †Share of 2,625 buildings Google Project Sunroof rated technically suitable (2019 snapshot).

Installers working in Wake Forest

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 Wake Forest

Is solar worth it in Wake Forest, NC?

For a typical home in Wake Forest, solar is a close call at 2026 prices: a 6.9 kW system costs about $19,715 after state incentives, saves about $1,323 in year one and pays back in about 15.3 years. Enter your address for an estimate based on your roof and bill.

How much solar power does a system produce in Wake Forest?

About 1,376 kWh per year for each kW of panels on a south-facing roof, based on PVWatts and local weather. That's 3% less than the North Carolina average. East- or west-facing roofs produce roughly 10–20% less.

Who is the electric utility in Wake Forest?

Most homes in Wake Forest are served by Duke Energy Carolinas, at about 14.2¢ per kWh on average. Some areas are served by Duke Energy Progress, Wake Electric Membership.

How much do solar panels cost in Wake Forest?

A fair cash price is around $2.85 per watt before incentives, so about $19,715 for a 6.9 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.