Hey, Raleigh. It’s time to break up with your utility company. Solar panels hit historically low pricing in late 2023. That alone is a strong reason to upgrade to renewable energy for your home. Beyond installation savings, you gain even bigger financial benefits.
The National Renewable Energy Laboratory reports that for every dollar you save on electricity bills with solar panels, your home value increases by $20. Homes equipped with solar panels also sell for about 4% more compared to homes without them.
Solar power in Raleigh is now financially accessible to almost every homeowner in 2024. If you pay an electric bill, you can afford solar. Financing options bring solar panel costs as low as $100 per month.
Now, let’s break down solar panel prices in 2025 and everything you need to know before your next renewable home upgrade.
Cost of Home Solar Power in Raleigh and Solar Panel Prices in 2025
The average cost of solar panels in North Carolina in early 2024 is about $2.69 per watt. A typical 5 kW (5000 watts) solar system costs around $13,440. After applying the 30% Federal Solar Tax Credit, the price falls to about $9,408.
Your solar panel cost depends on the size of the system, installation expenses, and the incentives you qualify for. These factors make up the final amount you pay for solar panel installation in Raleigh.
Solar Panel Installation and Key Components to Consider
Solar Panels: The type, quality, and number of panels determine the total price.
Installation Labor: Professional installation ensures the system runs at peak efficiency. Freedom Solar PowerⓇ has installed solar PV systems for more than 24,000 customers.
Inverter: This device converts DC electricity from your panels into AC electricity you can use at home.
Mounting Hardware: A racking system secures your panels on the roof or ground.
Permitting and Inspection Fees: Local government requirements influence these costs.
Sales Tax: Some states require you to pay sales tax on both equipment and installation.
Maintenance Costs: Solar panel maintenance is minimal. It usually includes cleaning and the occasional part replacement.
Conclusion
Investing in solar panels in Raleigh is no longer a luxury. It is a smart financial and energy decision. With solar panel prices in 2025 remaining competitive, homeowners can lock in savings and increase property value. Every dollar saved on electricity bills adds long-term financial strength.
Solar panel installation gives you more than lower energy costs. It provides energy independence, reduced reliance on utility companies, and sustainable power for decades. When you choose solar, you also gain control over future costs, unlike rising utility bills.
Homeowners who act now benefit from incentives, tax credits, and strong resale value. With minimal solar panel maintenance, the system works efficiently with very little effort. Raleigh families deserve reliable, renewable power that supports both their homes and future generations.
Solar panel cost per watt, installation options, and rebates make today the right time to act. Partner with trusted solar panel installers in Raleigh to secure your energy future in 2025 and beyond.
