State Overview

North Carolina

National Solar Capacity Ranking: 4th

Data Current Through: Q2 2024

 

North Carolina State Solar Overview

North Carolina’s solar industry grew quickly thanks in part to the state’s Renewable Energy and Energy Efficiency Portfolio Standard (REPS) and strong state policy and regulatory support. Now a leader in utility-scale solar, the future is bright for solar in the Tar Heel state for many years to come. A 2017 law authorized solar leasing, giving a much-needed boost to residential solar companies and offering consumers more options to control their energy use.

SEIA North Carolina State Policy Priorities

  • SEIA is engaged in Duke’s IRP docket, specifically advocating for solar+ storage as a cost-effective alternative to natural gas plants.
  • SEIA continues to work on the ‘Southeast RTO’ study legislation that will mirror SEIA’s successful South Carolina effort.
  • SEIA is also a formal stakeholder in a working group tasked to address PV recycling and possible rulemaking around utility-scale solar and energy storage decommissioning.
  • SEIA is engaged in education and advocacy around utility business model reform and market reform in North and South Carolina, engaging in the Southeast Energy Exchange Market (SEEM) proposal.

Just The Facts

  • State

    North Carolina

  • Solar Installed (MW):

    9,698

  • State Ranking, Cumulative Capacity Installed:

    4th

  • State Ranking, Capacity Installed in 2023:

    11th

  • Enough Solar Installed to Power:

    1,173,370 homes

  • Percentage of State's Electricity from Solar:

    9.33%

  • Solar Jobs:

    7,356

  • Solar Companies in State:

    259 (40 Manufacturers, 102 Installers/Developers, 117 Others)

  • Total Solar Investment in State:

    $13.3 billion

  • Prices have fallen:

    43% over the last 10 years

  • Growth Projection and Ranking:

    2688 MW over the next 5 years (ranks 24th)

  • Number of Installations:

    52,300

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North Carolina State Solar Policy Resources