15 Best Solar Companies in Greensboro, GA (Mar 2023 Review)

The Cost and Benefits of Solar in Greensboro

For lots of homeowners, whether or not to invest in a solar energy system depends the most on the cost. The cost and possible savings vary depending on some important factors such as:

• Your location: This affects how much sunlight your roof receives, which helps determine how many panels you need.
• Incentives: Something 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 money on your utility bills, which can result in an average of $21,000 of savings over 20 years.
• 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 opt for a higher number of more affordable panels.
• average energy usage: The more electricity your household uses on average and the larger your current electricity bills are, the more benefits you'll see from switching to solar.

There are several good benefits of solar even with the initial cost of installation. It can help the Earth and your wallet. Plus, it can increase the value of your home, giving you even more benefits if you choose to sell your home later.

Solar Incentives in Greensboro

Because solar power is more sustainable than burning fossil fuels, there are a number of government incentives available to encourage its adoption. In addition to the federal solar investment tax credit, there are also some local programs, which in almost all cases, stack with the federal incentive, so you can save even more. In our article on solar incentives, you can read about the incentives you qualify for near you.

Environmental Impact of Switching to Solar in Greensboro

One reason so many homeowners consider switching to solar power is to help lower their environmental impact. But how much can using solar energy instead of traditional energy actually affect the environment? Your energy usage is a significant factor to think about. The more energy you use, the larger your impact when you make the switch to solar power. Even though making solar panels releases carbon dioxide emissions, the panels make up for it by significantly lowering the amount of CO2 you would have been responsible for if you still used nonrenewable energy. In Greensboro, you can reduce your carbon footprint by 90 pounds a year with solar panels. For homeowners who care about the environment, the upfront cost of solar is a small price to pay for the offset carbon emissions.