State Overview

North Carolina

National Solar Capacity Ranking: 4th

Data Current Through: Q3 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

  • Solar Installed (MW):

    9,723

  • National Ranking:

    4th (11th in 2023)

  • Enough Solar Installed to Power:

    1,192,442 homes

  • Percentage of State's Electricity from Solar:

    9.75%

  • Solar Jobs:

    7,356

  • Solar Companies in State:

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

  • Total Solar Investment in State:

    $13.4 billion

  • Prices have fallen:

    37% over the last 10 years

  • Growth Projection and Ranking:

    2432 MW over the next 5 years (ranks 26th)

  • Number of Installations:

    55,072

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North Carolina State Solar Policy Resources

North Carolina Energy Storage Policy and Market Overview

North Carolina energy storage stakeholders are taking actions to promote an economically prosperous market. Regulatory and utility actions align favorably with supporting solar PV-plus-storage system deployment and a manufacturing economy.

North Carolina’s energy storage market is growing as manufacturing strongholds pop up, solidifying a secure supply chain for system deployment. A robust workforce is expecting to grow as grid-scale storage and manufacturing centers increase. As of 2020, the storage market supports 1,432 jobs. There are 181 Residential, two Commercial, and two utility-scale solar-plus-storage systems totaling 52 MW of capacity (2020). North Carolina’s largest electricity utility, Duke Energy, has prioritized large-scale deployment, but is broadening commitments by allocating resources that incentivize BTM systems. In 2024, the utility established reduced tariff rate structures for large C&I companies investing in storage, and a VPP battery program for homeowners.

The North Carolina Utilities Commission enforces market regulations concerning system interconnection. Existing guidance includes stakeholder engagement procedures, storage interconnection rules, and End-of-Life reuse, recycling, and disposal policies. Regulators additionally mandate regulatory transparency through ESS reporting in IRPs. The influx of battery giga factories, thorough energy storage interconnection procedures, and incentives are promoting statewide workforce development, grid resiliency, and equitable access to affordable energy.

 

North Carolina Energy Storage Policy Resources