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Solar Panel ROI in Durham County, NC

Is going solar worth it in Durham County? Here are the numbers.

Avg System Cost

$12,452

After Tax Credit (30%)

$8,716

Est. Payback Period

1.6 yrs

25-Year ROI

1467%

Solar Economics in Durham County

Investment Breakdown

System Cost (est.)$12,452
Federal Tax Credit (30%)-$3,736

Net Cost$8,716

Annual Savings

Est. Annual Energy Savings$5,464
Median Home Value$311,300

Median Household Income$74,927

About Durham County, North Carolina

Durham County in North Carolina has a median household income of $74,927 and median home value of $311,300. With an estimated payback period of 1.6 years, solar is a strong investment for homeowners in this area.

These estimates use county-level medians and national averages for solar irradiance. Your actual ROI depends on roof orientation, shading, local utility rates, and available state/local incentives beyond the federal 30% ITC.

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Other Counties in North Carolina

County-level data from U.S. Census Bureau American Community Survey (ACS) 2022 5-Year Estimates. Additional sources: EIA, NREL, DSIRE. Solar cost estimates based on county-level home values and national averages. This is not financial advice.