13 Best Solar Companies in Elkins, AR (Sep 2022 Review)

The Cost and Benefits of Solar in Elkins

We understand that for most homeowners, the choice to invest in solar depends on installation costs. Some important factors that influence how much it will cost to install solar panels on your home and how much it could save you over time are:

• The amount of sunlight your roof gets: If your rooftop doesn't see much direct sunlight, your solar panel system won't be able to generate as much energy, which will leave you with lower savings on electricity bills than a house with a roof that gets a lot of sunlight.
• Your energy consumption: If your family needs to use a lot of energy, you'll benefit more from going solar.
• Incentives: Tax-paying citizens who install a solar energy system this year can save 30% of their overall solar costs by taking advantage of the federal solar investment tax credit. You can also save about $16,000 on your energy bills over 20 years excluding incentives.
• System size and type: Some models are more expensive than others, so the one you choose can raise or lower your upfront cost. Plus, the more solar panels you need to buy, the more it'll cost.

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 26 to 50% in some cases. Take a look at the table below to learn what incentives you can take advantage of.

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.