18 Best Solar Companies in Lowell, AR (Mar 2023 Review)

The Cost and Benefits of Solar in Lowell

For many homeowners, the decision to invest in a solar energy system boils down to the cost. Some key things that determine the cost and possible savings include:

• Incentives: The federal solar investment tax credit, which can save you some money, lets you deduct 30% of the cost of your solar system installation from your federal taxes. Additionally, not including incentives, you can save about $16,000 over 20 years on your energy bills.
• The kind of solar panels you want to get: More efficient panels are more costly, so that will influence your budget for your solar project.
• How much sunlight your roof gets: If your rooftop gets limited direct sunlight, your solar panels won't be able to generate as much energy, which will give you lower savings on power bills than a house with a roof that gets plenty of sunlight.
• How much power your household needs: If your household uses a lot of energy, you'll benefit more from switching to solar.

So is buying solar panels worth it? Whether you hope to lower your energy bills, greenhouse gas emissions or both, solar panels are a solid investment for many Lowell homeowners.

Solar Incentives in Lowell

There are a lot of reasons why adopting solar power is beneficial. One of them includes some government incentives that can save you money. These incentives usually consist of cash rebates, tax breaks and/or performance-based incentives. They can cut the cost of installing solar panels by 30%, upwards of 50% in some cases. Take a look at our article on solar incentives to learn what incentives you can take advantage of.

Environmental Impact of Switching to Solar in Lowell

If you're planning on adding solar panels to your home, one of the main reasons why may be to reduce your carbon footprint. But — how much exactly can you help the environment by going solar? The amount of energy you use is an important factor to consider. The more power your household consumes, the bigger your impact when you go solar. Though solar panel production emits carbon dioxide, the panels make up for it by greatly reducing the amount of CO2 you would have been responsible for if you still used traditional energy. In Lowell, you can reduce your carbon footprint by 100 pounds a year with solar panels. As you can see, using solar power has so many other perks besides saving money. One of the main ones is that you can help save the planet too.