13 Best Solar Companies in Three Points, AZ (Feb 2023 Review)

The Cost and Benefits of Solar in Three Points

Solar panels run off a free energy source — the sun — but to take advantage of this you will need to pay to set up your panels. The cost of solar and the savings it generates vary depending on some key factors such as:

• Energy consumption: Installing solar panels may be too pricey an investment for families that don't need a good amount of energy each month.
• Your income and budget: This shapes what model of solar panels you can get.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you receive a tax credit curretnly worth 30% of your overall installation cost, your local government may offer additional tax exemptions, credits or rebates that can help you save even more. Not including incentives, you can save an average of $27,000 over the first 20 years with your solar system, too.
• Whether or not your roof gets a lot of direct sunlight: This, plus the configuration of your roof, affects affect how much electricity your solar panels can generate.

As a result of solar panels decreasing in cost as well as several solar incentives, they are a solid investment for many homeowners.

Solar Incentives in Three Points

Although a solar power system is typically a $15,000 to $25,000 investment, it can save you a considerable amount of money over many years due to lower utility bills and government incentives. These incentives usually include cash rebates, tax breaks and/or solar renewable energy credits. They can reduce the cost of installing solar panels by 30%, upwards of 50% depending on where you live. You can find out about the incentives you can take advantage of in our article on solar incentives

Environmental Impact of Switching to Solar in Three Points

Swapping traditional energy for solar is a great way to do your part for a greener future. You may be curious — how much does making the switch help the planet anyway? Everyone can help the planet by switching to solar energy, but homes that consume a lot of energy will have an even greater impact. Because 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 look forward to lowering your carbon dioxide emissions by about 100 pounds each year. If you want to do what you can for the environment, you'll likely find that there are many good things about adopting solar energy other than just saving money on bills. You can also help preserve the environment, which some would argue is priceless.