Polycarbonate (PC) has a wide range of applications in the electronic, transportation, and biomedical industries. In addition, investigation on the applicability to use PC in superstrate photovoltaic modules is ongoing research. In this paper, PC is envisioned to be used as a material for structural components in renewable energy systems. Usually, structural components have geometrical irregularities, i.e., notches, and are subjected to severe mechanical loading. Therefore, the structural integrity of these components shall consider fracture analysis on notched specimens. In this paper, rectangular PC specimens were machined with straight U-notches having different radii and depths. Eight different notch radii with a depth of 6.0 mm were tested. In addition, three notch depths with a radius of 3.5 mm were considered. Quasi-static fracture tests were performed under displacement-controlled loading with a speed of 5 mm/min. Digital image correlation technique was used to capture the strain fields for un-notched and notched specimens. It was assumed that fracture occurs at the onset of necking. The equivalent material concept (EMC) along with the strain energy density criterion (SED) were employed to estimate the fracture load. The EMC-SED combination is shown to be an effective and practical tool for estimating the fracture load of U-notched PC specimens.