9 Best Solar Companies in Alexander City, AL (Mar 2023 Review)

The Cost and Benefits of Solar in Alexander City

While solar panels can save you money on energy bills over time, it's necessary to take into consideration the startup costs. The installation cost is just one important factor you should bear in mind when looking into getting solar panels. How much it'll cost and how much you can save depend on things including:

• How much energy you use: If your home uses a lot of energy, you'll benefit more from installing solar panels.
• Incentives: The federal solar investment tax credit currently allows you to decrease your taxes by 30% of the project cost. Your state may also have various incentives that you can take advantage of. In addition, you can save about $20,000 over 20 years on your utility bills, not including incentives.
• System size and type: Some models are more expensive than others, so the one you get can raise or lower your initial investment. Plus, the more solar panels you need to buy, the more it'll cost.
• The amount of sunlight your roof gets: If your roof doesn't get a lot of direct sunlight, your solar panels won't be able to generate as much energy, which will give you lower savings on power bills than a roof that gets plenty of sunlight.

Though a solar panel system costs a good chunk of money upfront, it can save you much more over the lifespan of your panels. The question of how much, though, depends on a number of factors, such as the amount of daily direct sunlight available and your local electricity rates.

Solar Incentives in Alexander City

In an effort to increase the number of homes and businesses that use solar power, federal and local governments — and even some utility companies — offer incentives to help make going solar more affordable and accessible. State and city solar incentive programs depend on the location and, sometimes, utility company. A lot of states offer rebates for solar panels, in addition to the federal solar tax credit. For comprehensive information about local incentives, check out our our article on solar incentives.

Environmental Impact of Switching to Solar in Alexander City

There are a few important reasons why many people are interested in solar energy: to help their wallet and the environment. A question many homeowners might be asking themselves is how much can they really help preserve the environment by switching to solar power anyway? If your household uses a lot of energy, you can impact the environment even more by switching to solar energy. In Alexander City, the average person can lower their carbon footprint by 90 pounds a year after going solar. If you want to do what you can for the environment, you'll most likely recognize that there are many good things about adopting solar power other than just saving money on bills. You can also help preserve the environment, which some would argue is worth more.