14 Best Solar Companies in Goulding, FL (Mar 2023 Review)

The Cost and Benefits of Solar in Goulding

We get that for many homeowners, the decision to invest in solar highly depends on installation costs. There are quite a few factors you should consider when trying to determine how much it will cost and how much you can save, such as:

• Energy consumption: Installing a solar system may be too pricey an investment for homes that don't consume a good amount of energy per month.
• 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 lead to more savings 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.
• Incentives: The federal solar investment tax credit currently lets you reduce your taxes by 30% of the project cost. Your state may also have various incentives that you can take advantage of. Additionally, you can save about $23,000 over 20 years on your utility bills, before factoring in incentives.
• Your city: This influences the average daily sunlight your roof gets, which helps determine how many panels you need.

Even though a solar panel system costs a sizable chunk of money upfront, it can save you a considerable amount over time. The question of how much, though, depends on several factors, like the angle of your roof and your local electricity rates.

Solar Incentives in Goulding

Although a solar power system is typically a large investment, it can save you a significant amount of money in the long term due to smaller utility bills and government incentives. On top of the federal tax credit incentive, there are also some local benefits, which in most cases, can be claimed in addition to the federal incentive, so you get to save even more. In our article on solar incentives, you can find out about the incentives you qualify for in Goulding.

Environmental Impact of Switching to Solar in Goulding

Lots of people want to do their part to help the environment, which in many cases is the main reason for installing solar panels. But how much can switching to solar actually help the environment? As reported by the EPA, electricity production is the second largest source of greenhouse gas emissions and about 62% of our electricity is generated by burning fossil fuels. Using solar power can help reduce that number in a city like Goulding that produces a sizable amount of carbon dioxide emissions each year. Even though solar panel manufacturing releases carbon dioxide emissions, the panels make up for it by significantly reducing the amount of CO2 you would have released if you still used nonrenewable energy. In Goulding, you can reduce your carbon footprint by 90 pounds a year with solar panels. Since solar energy is plentiful and produces electricity without a carbon footprint, adding solar panels to your home is one easy step you can take to help protect the environment.