13 Best Solar Companies in Three Points, AZ (Oct 2022 Review)

The Cost and Benefits of Solar in Three Points

The cost of putting up solar panels has dropped significantly in the past few years, but it's still a substantial investment for most homeowners. Some key things that impact the cost and possible savings include:

• Where your home is: This affects how much sunlight your roof receives, which helps determine how many panels you need.
• Choice of solar panels: The kind of solar panels you are interested in getting will affect your total cost. High-efficiency monocrystalline panels will cost more upfront but can also lead to more savings over the lifetime of your system. If you don't need to maximize efficiency, you can opt for a higher number of more affordable panels.
• Incentives: Something that can make your solar project cost less is the solar investment tax credit (ITC), which is a tax credit that lets you deduct from your taxes a percentage of the project cost. You can also save on your power bills, which can lead to an average of $27,000 of savings over 20 years.
• How much power your household needs: If your family regularly uses a lot of energy, you'll reap more rewards from installing solar panels.

There are many wonderful benefits of solar despite the upfront cost of installation. It can help the planet and your wallet. In addition, it can raise the value of your home, giving you even more benefits if you decide to sell your home later.

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 26 to 50% in some cases. For more information about incentives that apply to you, check out the table below.

Environmental Impact of Switching to Solar in Three Points

If you're thinking of adding solar panels to your home, one of the major reasons why may be to reduce your greenhouse gas emissions. 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.