North Dakota is a great location for solar systems, with more than 200 sunny or mostly sunny days per year. providing a moderate amount of sunlight for solar energy initiatives. While it may not have as many sunny days as some other states, North Dakota’s weather conditions still offer opportunities for viable solar power projects. The state actively supports renewable energy through various incentives and programs aimed at encouraging solar adoption. Here are some of the solar incentives available to homeowners and businesses in North Dakota:
Table of Contents
Federal Solar Investment Tax Credit (ITC):
Homeowners that qualify for the Solar ITC can take advantage of a tax credit for 30% of the total purchase price of their solar system. This credit applies to all solar projects that begin construction in 2023 and will last through 2032, at which point it will drop to 26%.
Net Metering:
North Dakota requires investor-owned utilities to offer net metering to all customers; electric cooperates and municipal utilities are exempt from the net metering regulation. For customers of investor-owned utilities, the electric company is required to cut you a check for all surplus energy at the utility’s avoided-cost rate. All systems up to 100 kW in size are eligible for net metering .
Property Tax Exemption:
North Dakota offers a property tax exemption for solar, meaning it will not increase property taxes despite increasing the assessed value of a home.
Further information and programs can be found at the Programs.Dsireusa.org