17 Best Solar Companies in Valley, AL (Mar 2023 Review)

The Cost and Benefits of Solar in Valley

For most homeowners, the decision to invest in solar panels depends the most on the cost. The cost of solar and the savings it generates vary depending on a few important factors such as:

• Your income and budget: This determines what type of solar panels you can get.
• Typical energy usage: The more electricity your household consumes on average and the greater your current electricity bills are, the more money you could save by going solar.
• Your city: This affects the average daily sunlight your roof gets, which helps determine how many panels you need.
• Incentives: One thing that can make your solar project cost less is the solar investment tax credit (ITC), which is a tax credit that lets you deduct from your taxes a percentage of the project cost. You can also save on your utility bills, which can generate an average of $21,000 of savings over 20 years.

Even though a solar panel system costs a decent chunk of money upfront, it can save you thousands of dollars over time. The question of how much, though, depends on a number of factors, like the size of your house and your local electricity rates.

Solar Incentives in Valley

Although solar power is typically a large investment, it can save you a lot of money over time due to lower energy bills and government incentives. There are quite a few federal, state and local rebates and tax credits that let you earn anywhere from 30% to 50% of your money back after paying for solar panels. For detailed information about incentives that apply to you, visit our our article on solar incentives.

Environmental Impact of Switching to Solar in Valley

If you're planning on adding solar panels to your home, one of the principal reasons why may be to reduce your carbon dioxide emissions. But how much can switching to solar actually affect the environment? The more energy your house uses, the the more the environment will benefit if you switch to solar since you won't have to burn as many fossil fuels. In fact, if you adopt solar power, you could be looking at reducing your carbon dioxide emissions by about 90 pounds each year. Since energy from the sun is abundant and generates electricity without releasing carbon emissions, making the switch to solar power is one easy step you can take to help preserve the environment.