12 Best Solar Companies in Dumas, AR (Sep 2022 Review)

The Cost and Benefits of Solar in Dumas

The cost of installing a solar panel system has dropped immensely over the past several years, but it's still a substantial investment for most homeowners. There are a few factors you should consider when trying to determine how much it will cost and how much you can save, including:

• Choice of solar panels: The kind of solar panels you need will affect your total cost. High-efficiency monocrystalline panels are more expensive upfront but can also lead to more savings 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.
• How much sunlight your roof gets: This, and how your roof is set up, affects affect how much electricity your solar panels can produce.
• Incentives: Tax-paying citizens who purchase and install a solar energy system this year can save 30% of their total solar spend by taking advantage of the federal solar investment tax credit. You can also save about $18,000 on your energy bills over 20 years excluding incentives.
• How much energy you use: If your family needs to use a lot of energy, you'll see more savings from installing solar panels.

Due to solar panels decreasing in cost as well as several solar incentives, they are a cost-effective investment for most homeowners.

Solar Incentives in Dumas

There are many reasons why going solar is a great investment. One of them consists of some government incentives that can help save you some money. When you install solar panels, you can take advatage of 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 regional incentives that you can take advantage of to further save. Take a look at the table below to find out what incentives you can take advantage of.

Environmental Impact of Switching to Solar in Dumas

If you're considering adding solar panels to your home, one of the primary reasons why may be to lower your carbon dioxide emissions. But — how much exactly can you help by using solar power? In a city like Dumas where energy use is particularly high, going solar is a good plan for people who care about the planet. Since solar panels don't release greenhouse gas emissions into the atmosphere when producing electricity, they're a good swap for traditional energy sources. In fact, you could be looking at reducing your carbon dioxide emissions by about 70 pounds each year. For people who care about the environment, the upfront cost of solar is a small price to pay for offsetting your carbon emissions.