13 Best Solar Companies in Hamilton, AL (Sep 2022 Review)

The Cost and Benefits of Solar in Hamilton

The cost of putting up solar panels has dropped significantly in the past few years, but it's still a significant investment for most homeowners. The overall price and potential savings vary depending on some important factors such as:

• Electricity consumption: The average home in Hamilton uses a lot of energy, and therefore may see more savings on electricity bills than other places.
• The type and model of solar panels you want to get: More efficient panels cost more, so that will affect your budget for your solar project.
• How much sunlight your roof gets: If your rooftop gets limited direct sunlight, your solar panel system won't be able to generate as much energy, which will leave you with lower savings on power bills than someone with a roof that gets a lot of sunlight.
• Incentives: The federal solar investment tax credit currently lets you reduce your taxes by 30% of the project cost. Your state may also have various incentives that you can use. Additionally, you can save about $21,000 over 20 years on your utility bills, without incentives.

Though a solar panel system costs a sizable chunk of money upfront, it can save you thousands of dollars over the lifespan of your panels. The question of how much, though, depends on several factors, including the angle of your roof and your current power bills.

Solar Incentives in Hamilton

One of the great things about installing a solar panel system is receiving federal and potentially state incentives. On top of the federal solar investment tax credit, there are also some state- and city-level incentives, which in almost all cases, stack with the federal incentive, so you can save even more. In the table below, you can read about the incentives you qualify for near you.

Environmental Impact of Switching to Solar in Hamilton

There are a few important reasons why homeowners are considering solar energy: to put more money in their bank account and to help the planet. But how much can switching to solar actually affect the environment? In a city like Hamilton where energy use is particularly high, installing solar panels is a great plan for households who care about the planet. If you go solar, your carbon footprint can be lowered by about 90 pounds every year. The great things about solar power are infinite — just like solar power is! That's why so many Hamilton residents have been happy with using solar energy.