12 Best Solar Companies in Fayette, AL (Sep 2022 Review)

The Cost and Benefits of Solar in Fayette

The cost of installing a solar panel system has gone down greatly over the past several years, but it's still a significant investment for most homeowners. Some important factors that affect the cost of installing a solar panel system on your home and how much money you could save over time are:

• Energy consumption: Solar may be too pricey an investment for families that don't use a lot of energy a month.
• Incentives: The federal solar investment tax credit currently lets you lower your taxes by 30% of the project cost. Your state and city may also have incentives and rebates that you can use. In addition, you can save about $22,000 over 20 years on your utility bills, before factoring in incentives.
• Your city: This influences the average daily sunlight your roof gets, which helps determine how many panels you need.
• The make and model of solar panels you're planning on getting: More efficient models cost more, so that will affect your budget for your solar project.

Even though a solar panel system costs a sizable 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 incentives.

Solar Incentives in Fayette

Although solar power is typically a large investment, it can save you a significant amount of money over the lifespan of your solar panels due to lower power bills and government incentives. There are several federal, state and local rebates and tax credits that may earn you a decent amount of money in return after installing a solar panel system. You can learn about the incentives you can use in the table below.

Environmental Impact of Switching to Solar in Fayette

One of the most compelling reasons to embrace solar power is to cut your reliance on nonrenewable energy sources like burning fossil fuels, which are hazardous for the environment. Something many people might be wondering about is how much can they really help protect the environment by going solar anyway? One thing that can drastically influence your carbon footprint is how long your commute is and how much you drive overall. If you switch to solar power and have an electric car, you can significantly cut back on your carbon dioxide emissions by charging your car at home. Though solar panel manufacturing releases carbon dioxide emissions, the panels make up for it by considerably reducing the amount of CO2 you would have released if you still used nonrenewable energy. In Fayette, you can reduce your carbon footprint by 90 pounds a year with solar panels. Since solar energy is plentiful and produces electricity without free from carbon dioxide emissions, adding solar panels to your home is one easy step you can take to help preserve the planet.