GO SOLAR

Your Personalized Power Portal

1607 Stack Rd

Monroe, NC , 28112

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Average Bill

$125

Energy Usage

857 kWh

CO₂ Emissions

647 lbs

Rooftop Solar

Harness the power of rooftop solar and reap the benefits of renewable energy. Lower your electricity bills, reduce reliance on fossil fuels and energy companies, and take advantage of cost-effective investments with federal and state incentives. Switching to rooftop solar is a sustainable solution that pays off in the long run.

The cost of solar in Monroe

Average solar panel installation

$19,816

Average monthly bill without solar

$125

Average monthly bill with solar

$0

Solar will pay for itself in

10 years
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Got questions about solar?

Powered by WattBuy’s data & insights on energy usage, costs, incentives and more. Ask Sunny all your questions about solar panels, whenever you have them.

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Do you own your home?

Yes

No, I rent

Other WattBuy Recommendations for Your Home

Toggle each recommendation on and off to see its impact on your bill, energy usage, and carbon emissions.

Heat Pumps

LED Lightbulbs

Estimated Savings

$5

CO₂ Emissions Reduced

2 lbs

Smart Thermostats

Estimated Savings

$13

CO₂ Emissions Reduced

6 lbs

Smart Plugs

Estimated Savings

$4

CO₂ Emissions Reduced

2 lbs

Water Heaters

EV Chargers

Demand Response

Estimated Savings

$13

CO₂ Emissions Reduced

65 lbs

Understand Your Solar Numbers

Solar costs

The estimated cost to install solar at your house is $19,816. We calculated this because we think your electricity usage for the year is about 10280 kWh, and a 7.13 kW size solar system on your roof would replace 100% of your usage. We are using an estimated cost of $2.78/W, which we get from Energy Sage.

Current electricity costs

The current electricity costs for Duke Energy Carolinas, LLC are 15¢/kWh. So, by replacing 100% of your usage, you’ll save $1,505 throughout the year. If the costs of electricity stay the same, then your savings will pay for your solar system in 13.84 years. If the costs of Duke Energy Carolinas, LLC electricity rise 3%, then your savings will pay for your solar system in 13.44 years.

Solar production throughout the year

Solar installed at your house would generate different amounts of electricity during different months. We estimate that your production would vary from a high of 940 kWh in May, to a low of 720 kWh in December. For the entire year, we estimate that your 7.13 kW sized system would produce 10290 kWh.

Net metering and Incentives

The state of North Carolina generally uses Avoided Cost Rate for net metering. This means that when you produce more electricity than your house uses, the utility will pay you Avoided Cost Rate for the extra electricity.

Solar in your area

From Department of Energy Data, it looks like 11 homes have installed solar panels in your zip code, 28112. In your city, Monroe, 27 homes have installed solar panels. And in the state of North Carolina, 2,911 homes have installed solar panels.

Installers

There are 15 solar installers that operate in North Carolina. WattBuy recommends EnergySage, Palmetto, and RGR Marketing.

Available Incentives

Upfront Rebates

Heat Pump

Who

Program

Value

Max

Likely

Duke Energy Carolinas - North Carolina

Duke Energy Carolinas NC - Geothermal Heat Pump

$2,300–$2,500

$2,500

—

Duke Energy Carolinas - North Carolina

Duke Energy Carolinas NC - Geothermal Heat Pump

Value

$2,300–$2,500

Max

$2,500

Likely

—

Duke Energy Carolinas - North Carolina

Duke Energy Carolinas NC - Mini-Split Heat Pump

$700–$900

$900

—

Duke Energy Carolinas - North Carolina

Duke Energy Carolinas NC - Mini-Split Heat Pump

Value

$700–$900

Max

$900

Likely

—

Duke Energy Carolinas - North Carolina

Duke Energy Carolinas NC - Air-Source Heat Pump

$350–$900

$900

—

Duke Energy Carolinas - North Carolina

Duke Energy Carolinas NC - Air-Source Heat Pump

Value

$350–$900

Max

$900

Likely

—

Ongoing Programs

Battery

Who

Program

Value

Duke Energy Carolinas - North Carolina

Duke Energy Smart Storage DR

$52/month

Duke Energy Carolinas - North Carolina

Duke Energy Smart Storage DR

Value

$52/month

Duke Energy Carolinas - North Carolina

Duke Energy SC Battery Control DR

$52/month

Duke Energy Carolinas - North Carolina

Duke Energy SC Battery Control DR

Value

$52/month

Duke Energy Carolinas - North Carolina

PowerPair Battery Control

$23/month (varies)

Duke Energy Carolinas - North Carolina

PowerPair Battery Control

Value

$23/month (varies)

EV Charger

Who

Program

Value

Duke Energy Carolinas - North Carolina

Duke Energy EV Complete Home Charging Plan

—

Duke Energy Carolinas - North Carolina

Duke Energy EV Complete Home Charging Plan

Value

—

Smart Thermostat

Who

Program

Value

ecobee

Community Energy Savings

$50/year typical

ecobee

Community Energy Savings

Value

$50/year typical

Google Nest

Rush Hour Rewards

$40/year typical

Google Nest

Rush Hour Rewards

Value

$40/year typical

Solar

Who

Program

Value

Duke Energy Carolinas - North Carolina

Duke Energy Power Pair

$400/kW

Duke Energy Carolinas - North Carolina

Duke Energy Power Pair

Value

$400/kW

North Carolina

NC SREC Program

—

North Carolina

NC SREC Program

Value

—

How We Crunch the Numbers

1
We estimate every home's electricity usage based on data from a number of public and private data sources, including your electricity distributor and the Department of Energy.
2
We overlay key information about where you live, including weather and climate data about your region, and housing data like when your home was built and how big it is.
3
To figure out your home's carbon footprint, we look at how electricity is generated in your state, like whether your electricity is coming more from coal (very carbon-intensive) or wind (carbon-free).

Using this data-driven approach, we have created a machine learning model that can estimate electricity usage and carbon footprint for every home in the US. We then use this information to recommend the best options for you, so you can feel good that WattBuy is recommending something truly personalized.

Our electricity estimations are trusted by our partners at The Department of Energy's National Renewable Energy Laboratory, as well as many of the biggest consumer brands in the world.