17 Best Solar Companies in Russellville, AR (Mar 2023 Review)

The Cost and Benefits of Solar in Russellville

Solar panels are powered by a free energy source — the sun — but before you can take advantage of this you will need to pay to set up your system. There are several factors you should take into consideration when trying to figure out the overall cost and how much you can save, including:

• Incentives: One thing that can reduce the cost of your solar project is the solar investment tax credit (ITC), which is a tax credit that's equal to a percentage of the project cost. You can also save a decent amount of money on your utility bills, which can lead to an average of $17,000 of savings over 20 years.
• How much energy your household consumes: Households that use plenty of energy each month may require more solar panels and, therefore, be more costly, but will also benefit more over time.
• The make and model of solar panels you're planning on getting: Some have higher prices, so that will shape your budget for your solar project.
• How much sunlight your roof gets: If your rooftop gets limited direct sunlight, your solar panel system won't be able to generate as much energy, which will leave you with lower savings on energy bills than someone with a roof that gets plenty of sunlight.

So is a solar system worth it? Whether you're trying to lower your energy bills, greenhouse gas emissions or both, solar panels are a great investment for many Russellville homeowners.

Solar Incentives in Russellville

There are many good reasons why you should switch to solar. One of them involves some government incentives that can help save you some money. When you install solar panels on your home, 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. Plus, there may often be some regional incentives that you can use to further cut back on the cost of solar of solar panels. For detailed information about local incentives, visit our our article on solar incentives.

Environmental Impact of Switching to Solar in Russellville

Many want to do what they can to help save the environment, which in many cases is the main reason for installing solar panels. You may be asking yourself — how much do solar panels help the planet anyway? If your family uses lots of energy, you can impact the environment even more by switching to solar energy. When you go solar, your carbon footprint can be lowered by about 70 pounds a year. As you can see, trading traditional energy for solar has so many other benefits apart from saving money. One of the major ones is that you can help save the Earth too.