Does Duke Energy Offer Solar Panels?

Duke Energy breaks ground on 250MW solar project in Texas PV Tech
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Introduction

Solar energy has become a popular and sustainable alternative to traditional sources of electricity. As more people are becoming environmentally conscious, they are seeking ways to reduce their carbon footprint and save money on their energy bills. One of the major utility companies in the United States, Duke Energy, has caught the attention of many homeowners who are interested in installing solar panels. In this article, we will explore whether Duke Energy offers solar panels to its customers and the benefits of going solar.

Understanding Duke Energy

Duke Energy is one of the largest electric power holding companies in the United States, serving over 7.7 million customers in six states. The company is committed to transitioning to cleaner, more sustainable energy sources and has been actively investing in renewable energy projects. However, it is important to note that Duke Energy is primarily an electric utility company and not a solar panel manufacturer or installer.

Partnerships with Solar Companies

While Duke Energy does not directly offer solar panels, the company has formed partnerships with various solar companies to make it easier for their customers to go solar. Through these partnerships, Duke Energy can connect interested homeowners with reputable solar installers and provide them with information about available incentives and financing options.

Benefits of Going Solar

Installing solar panels on your property can offer numerous benefits. First and foremost, solar energy is a clean and renewable source of power that reduces your reliance on fossil fuels, thus reducing your carbon footprint. By generating your own electricity, you can also significantly reduce your monthly utility bills. Additionally, many states offer tax credits, rebates, and other incentives to encourage homeowners to adopt solar energy.

How to Get Started

If you are interested in installing solar panels on your property, the first step is to assess your home’s solar potential. Factors such as roof orientation, shading, and available space will determine the feasibility and efficiency of a solar installation. Once you have determined that your home is suitable for solar, you can contact Duke Energy or their partner solar companies to get a quote and discuss the installation process.

Financing Options

One of the main concerns for homeowners considering solar is the upfront cost of installation. However, there are several financing options available that can make solar more affordable. Duke Energy’s partner solar companies can provide information about leasing, power purchase agreements (PPAs), and solar loans, which allow homeowners to install solar panels with little to no upfront cost and pay for the system over time using the savings from their energy bills.

Net Metering

Net metering is an important aspect of going solar and is offered by many utility companies, including Duke Energy. Net metering allows homeowners to earn credits for the excess electricity their solar panels generate. These credits can then be used to offset their electricity consumption during periods when the solar panels are not producing enough energy, such as at night or during cloudy days.

Conclusion

While Duke Energy does not directly offer solar panels, the company is committed to supporting renewable energy and has partnered with solar companies to provide their customers with access to solar installations. Going solar can help you save money on your energy bills, reduce your carbon footprint, and take advantage of available incentives. If you are interested in installing solar panels, contact Duke Energy or their partner solar companies to get started on your solar journey.