13 Best Solar Companies in Winfield, AL (Feb 2023 Review)

The Cost and Benefits of Solar in Winfield

The cost of installing solar panels has dropped immensely over the past several years, but it's still a large investment for most homeowners. There are quite a few factors you should consider when trying to determine the overall cost and how much you can save, such as:

• Your city: This affects how much sunlight your roof gets, which helps determine how many panels you need.
• Choice of solar panels: The type of solar panels you choose will affect your total cost. High-efficiency monocrystalline panels are more expensive upfront but can also save you more money over the lifetime of your system. If space isn't a constraint for your project, you can go with a higher number of more affordable panels.
• Typical energy usage: The more electricity your household uses on average and the steeper your current electricity bills are, the more benefits you'll see from going solar.
• Incentives: One thing that can reduce the cost of your solar project 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 give you an average of $22,000 of savings over 20 years.

So is a solar panel system worth it? Whether you'd like to lower your electricity costs, greenhouse gas emissions or both, solar panels are a good investment for many Winfield homeowners.

Solar Incentives in Winfield

If you're planning on switching to solar power, a number of government incentives and subsidies can drastically lower the cost of the project and expedite the return on your investment. State and city solar incentive programs vary by location and, sometimes, utility company. A lot of states offer rebates for solar panels, in addition to the federal solar tax credit. Take a look at our article on solar incentives to see what incentives you can take advantage of.

Environmental Impact of Switching to Solar in Winfield

One reason so many consider going solar is to help lower their environmental impact. Something many people might have in mind is how much can they really help protect the environment by going solar anyway? How much energy you use is an important factor to think about. The more power your household consumes, the larger your impact when you make the switch to solar power. Because solar panels don't release carbon dioxide emissions into the atmosphere when producing electricity, they're a good swap for traditional energy sources. In fact, you could lower your carbon dioxide emissions by about 90 pounds each year. If you want to do what you can for the environment, you'll likely understand that there are many advantages to adopting solar power other than just saving money on electricity. You can also help preserve the environment, which some would argue is worth more.