15 Best Solar Companies in Pike Creek Valley, DE (2023 Reviews)

The Cost and Benefits of Solar in Pike Creek Valley

The cost of installing solar panels has decreased significantly in the past several years, but it's still a large investment for most homeowners. There are quite a few factors you should take into consideration when trying to figure out costs and your potential savings, such as:

• Incentives: Those 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 electricity bills over 20 years without incentives.
• Your current energy bills: Solar panels can substantially decrease, or entirely get rid of, your utility bills. In Pike Creek Valley, you can save an average of $94 a month.
• Whether or not your roof gets a lot of direct sunlight: This, along with how your roof is set up, affects affect how much power your solar panels can generate.
• Choice of solar panels: The type of solar panels you are interested in getting will affect your total cost. High-efficiency monocrystalline panels will cost more upfront but can also save you more money over the lifetime of your system. If space isn't a constraint for your project, you can go with a higher number of more affordable panels.

There are several great benefits of solar despite the initial cost of installation. It can help the environment and your bank account. Plus, it can increase the value of your home, giving you even more benefits if you want to sell your home later.

Solar Incentives in Pike Creek Valley

One of the benefits of installing a solar panel system is earning government incentives. There are several federal, state and local rebates and tax credits that earn anywhere from 30% to 50% of your money back after buying solar panels. In our article on solar incentives, you can find out about the incentives you qualify for near you.

Environmental Impact of Switching to Solar in Pike Creek Valley

Installing solar panels can have a beneficial effect on the environment. You may be asking yourself — how much does going solar do for the planet anyway? If your family uses lots of energy, you can have an even greater impact on the planet by switching to solar power. Even though solar panel production emits carbon dioxide, the panels make up for it by greatly lowering the amount of CO2 you would have produced if you still used traditional energy. In Pike Creek Valley, you can reduce your carbon footprint by 60 pounds a year with solar panels. For people who want to help the environment, the upfront cost of solar is a small price to pay for offsetting your carbon emissions.