Legislation enacted in nc allows for cities and counties to offer low interest loans for solar panels and other energy upgrades.
Nc solar panel law.
However there is a north carolina law that specifically addresses solar panels and the extent to which they may be regulated or prohibited by restrictive covenants.
The statute is titled deed restrictions and other agreements prohibiting solar collectors n c g s.
2 in the nation for overall solar power and the bill would allow 2 6 gigawatts of new solar over 3 1 2 years.
A north carolina town rejected the further installation of solar panels.
The current state of solar laws for homeowners associations in north carolina 2019 update.
Unfortunately the statute is not a picture of clarity.
Federal investment tax credit.
Occasionally homeowners associations will ask that a solar array not be visible from a road or common area of a neighborhood.
According to north carolina senate bill 670 there are solar access laws that give the homeowner power over local ordinances to utilize solar radiation as energy on their detached single family residence homes.
Posted on october 3 2019 by david wilson.
North carolina is already no.
North carolina law requires all three of north carolina s largest electric utilities duke energy progress energy and dominion north carolina power to make full retail rate net metering available to customers.
Thanks to this legislation solar loan terms in north carolina can be no longer than 20 years have an interest rate cap set at 8 percent and can easily be renewed.
The first relevant date for a homeowner s association in north carolina is october 1 2007.
For those of us who live in a homeowner s association we may or may not have rules that either allow or prohibit installation of solar panels.
For years north carolina has followed the national trend of promoting and encouraging green technology and cleaner and more efficient ways of producing energy.
For homeowners associations the trend has been for state legislatures to create laws allowing installation of solar collectors regardless of what the hoa may say.
Roy cooper positions the state for continued solar growth while saving customers money.
Solar leasing which became legal in north carolina with a 2017 state law is a different financing method in which customers pay a flat fee per month to lease the equipment and the fee is not.