14 Best Solar Companies in Gresham Park, GA (Jan 2023 Review)

The Cost and Benefits of Solar in Gresham Park

The cost of installing solar panels has decreased immensely in the past few years, but it's still a large investment for most homeowners. There are quite a few factors you should consider when determining costs and your potential savings, such as:

• Incentives: Those who buy and 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 $20,000 on your electricity bills over 20 years excluding incentives.
• Energy consumption: Installing solar panels may be a high-cost investment for homes that don't consume a lot of energy a month.
• Choice of solar panels: The type of solar panels you choose will affect your total cost. High-efficiency monocrystalline panels are more expensive 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.
• Where your home is: This influences how much sunlight your roof gets, which helps determine how many panels you need.

So is installing solar panels worth it? Whether you hope to decrease your electricity costs, carbon emissions or both, solar panels are a good investment for many Gresham Park homeowners.

Solar Incentives in Gresham Park

Because solar power is a cleaner source of energy than burning fossil fuels, there are some government incentives available to encourage its adoption. You qualify for the federal solar investment tax credit (ITC) for the tax year you turn on your solar panels. You can also possibly stack the ITC with other local incentives. Take a look at our article on solar incentives to learn what incentives are available to you.

Environmental Impact of Switching to Solar in Gresham Park

If you're planning on adding solar panels to your home, one of the main reasons why may be to reduce your carbon footprint. But you may be curious — how much exactly can you help by making the switch to solar? How much energy you use is an important factor to think about. The more electricity your home uses, the bigger your impact when you make the switch to solar power. Although making solar panels releases carbon dioxide emissions, the panels make up for it by considerably lowering the amount of CO2 you would have released if you still used traditional energy. In Gresham Park, you can reduce your carbon footprint by 90 pounds a year with solar panels. For homeowners who are concerned about the environment, the upfront cost of solar is a small price to pay for reducing your carbon footprint.