Any PV system is eligible for the 30% Investment Tax Credit (ITC).
With Alabama having the third highest electricity costs in the nation and a rate increase pending, the incentives for Alabama homeowners to convert sunlight into electricity are powerful at a time when innovations in technology, manufacturing, and financial incentives have made installing solar cheaper.
North Carolina
Net Metering
Net metering is a billing arrangement whereby a customer who generates their own electricity from renewable energy resources can receive a credit on their electric utility bill for any extra electricity produced by the customer that flows back onto the electric utility’s distribution system.
Generating your own electricity may reduce your electric bill in two ways:
The electricity you produce displaces electricity you would otherwise have purchased from the electric utility;
Your electricity bill is lowered by the amount of electricity your generating system may feed back onto the utility’s system.
