18 Best Solar Companies in Hokes Bluff, AL (Sep 2022 Review)

The Cost and Benefits of Solar in Hokes Bluff

For many people, the decision of which solar company to choose depends on costs. Some main factors that affect how much it will cost to install solar panels on your home and how much it could save you over time are:

• How much sunlight your roof gets: If your rooftop doesn't get a lot of direct sunlight, your solar 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 plenty of sunlight.
• Incentives: The federal solar investment tax credit currently lets you decrease your taxes by 30% of the project cost. Your state and even local utility companies may also have various incentives that you can use. Plus, you can save about $21,000 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 decide on can raise or lower your upfront cost. Plus, the more solar panels you need to get, the more it'll cost.
• How much electricity your home consumes: Households that consume lots of electricity each month may need more solar panels and, consequently, be more costly, but will also save more on their energy bills over time.

There are several good benefits of solar despite the upfront cost of installation. It can help the environment and your bank account. Plus, it can increase the value of your home, giving you even more benefits if you decide to sell your home later.

Solar Incentives in Hokes Bluff

Although installing solar panels is typically a large investment, it can save you a substantial amount of money over several years due to smaller power bills and government incentives. When you install solar panels, you become eligible to claim the federal tax credit, or ITC. This credit currently reduces your tax bill by 30% of the cost of your solar panels. In addition, there may often be some local incentives that you can take advantage of to further cut back on the cost of solar of solar panels. The table below lists out the incentives you can benefit from in Hokes Bluff.

Environmental Impact of Switching to Solar in Hokes Bluff

One of the best reasons to embrace solar energy is to decrease your reliance on nonrenewable energy sources like burning fossil fuels, which are destructive for the environment. Something many people might be wondering about is how much can they really help the environment by switching to solar power anyway? The more power your house uses, the better off the planet will be if you switch to solar since you won't have to use as much nonrenewable energy. Even though making solar panels releases carbon dioxide emissions, the panels make up for it by considerably decreasing the amount of CO2 you would have been responsible for if you still used traditional energy. In Hokes Bluff, you can reduce your carbon footprint by 90 pounds a year with solar panels. As you can see, going solar has so many other benefits beyond saving money. One of the main ones is that you can help save the Earth too.