13 Best Solar Companies in Elkins, AR (Feb 2023 Review)

The Cost and Benefits of Solar in Elkins

Solar panels run off a free energy source — the sun — but before you can take advantage of this you must first pay to set up your system. The installation cost is just one important factor you should bear in mind when looking into installing solar panels. How much it'll cost and how much you can save depend on things such as:

• Energy consumption: Solar may be an expensive investment for households that don't use a good amount of energy per month.
• System size and type: Some models are more expensive than others, so the one you want can raise or lower your initial investment. Plus, the more solar panels you need, the more it'll cost.
• Your home's orientation toward the sun: This, and the configuration of your roof, affects affect how much electricity your solar panels can produce.
• Incentives: The federal solar investment tax credit, which everyone qualifies for, lets you deduct 30% of the cost of installing your solar panel system from your federal taxes. Plus, not including incentives, you can save about $16,000 over 20 years on your energy bills.

Even though a solar panel system costs a decent chunk of money upfront, it can save you a considerable amount in the long term. The question of how much, though, depends on several factors, such as the size of your solar panel system and your local electricity rates.

Solar Incentives in Elkins

There are many good reasons why going solar is a great investment. One of them includes some government incentives that can save you money. These incentives usually take the form of cash rebates, tax credits and/or performance-based incentives. They can lower how much you end up spending on going solar by 30%, upwards of 50% in some cases. Our article on solar incentives has more information on the incentives you can benefit from in Elkins.

Environmental Impact of Switching to Solar in Elkins

If you want to add solar panels to your home, one of the main reasons why may be to lower your carbon footprint. But how much can using solar energy instead of traditional energy actually help the environment? Your energy usage is an important factor to think about. The more electricity your household consumes, the larger your impact when you switch to solar energy. Since solar panels don't release carbon dioxide emissions into the atmosphere when creating electricity, they're a good trade for traditional energy sources. In fact, you could be looking at reducing your carbon dioxide emissions by about 100 pounds each year. The great things about solar power are infinite — just like solar power is! That's why so many Elkins residents have been happy with committing to solar.