12 Best Solar Companies in Centerton, AR (Oct 2022 Review)

The Cost and Benefits of Solar in Centerton

While solar panels can save you money on power bills over time, it's important to consider the upfront costs. A few important factors that affect the cost of installing solar panels on your home and how much it could save you over time are:

• How much power your home consumes: Households that need plenty of energy each month may call for more solar panels and, therefore, be more expensive, but will also benefit more over time.
• How much energy costs for you: If your local utility rates are especially high, there's a good chance you'll end up with a higher return on your investment in a solar system. In Centerton, you can save an average of $124 a month on your electricity bills.
• The amount of sunlight your area gets: Due to Centerton's high amount of average daily sunlight, you should be able to save a decent amount on your energy bills.
• Incentives: One thing that can save you money on 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 money on your utility bills, which can give you an average of $17,000 of savings over 20 years.

So are solar panels worth it? Whether you'd like to reduce your electricity costs, greenhouse gas emissions or both, solar panels are a worthwhile investment for many Centerton homeowners.

Solar Incentives in Centerton

Since solar power is more sustainable than fossil fuels, there are a number of government incentives available to encourage people to make the switch. Regardless of where you live, you can take advantage of the federal Solar Investment Tax Credit (ITC), which allows you to claim 30% of how much your solar project cost on your tax return, reducing the amount of taxes you owe that year. Plus, there may be some local incentives that stack with the ITC too. For more information about incentives that apply to you, check out the table below.

Environmental Impact of Switching to Solar in Centerton

Going solar can have a meaningful effect on the environment. A question many might be asking themselves is how much can they really help save the environment by going solar anyway? The more power your family uses, the the more the environment will benefit if you switch to solar as you won't need to burn as many fossil fuels. In Centerton, the average homeowner can reduce their carbon footprint by 100 pounds a year once they go solar. If you care about the environment, you'll no doubt recognize that there are many good things about adopting solar energy other than just saving money on bills. You can also help protect the environment, which some would argue is priceless.