13 Best Solar Companies in Hampton, GA (Oct 2022 Review)

The Cost and Benefits of Solar in Hampton

Solar panels run off a free energy source — the sun — but before you can take advantage of this you will first need to pay to install your panels. The installation cost is just one important factor you should keep in mind when looking into getting solar panels. How much it'll cost and how much you can save depend on things including:

• Typical energy usage: The more energy your household uses on average and the higher your current energy bills are, the more benefits you'll see from making the switch to solar.
• The type of solar panels you can purchase: This is dependent on what your budget is.
• Incentives: Tax-paying citizens who install a solar energy system this year can save 30% of their solar installation costs by using the federal solar investment tax credit. You can also save about $18,000 on your energy bills over 20 years without incentives.
• Your city: This affects how much sunlight your roof receives, which helps determine how many panels you need.

Thanks to solar panels now being cheaper than ever as well as local and federal solar incentives, they are a cost-effective investment for many homeowners.

Solar Incentives in Hampton

If you're thinking about making the switch to solar power, a variety of government incentives and tax credits can drastically reduce the installation costs and expedite the return on your investment. You are eligible for the federal solar investment tax credit (ITC) for the tax year you turn on your solar panels. You can also possibly pair the ITC with other local incentives. Take a look at the table below to learn what incentives you can take advantage of.

Environmental Impact of Switching to Solar in Hampton

There are lots of reasons to make the switch to solar power, like saving some money on electricity bills and helping to lower your carbon footprint. But — how much exactly can you help the planet by going solar? If your home uses a lot of energy, you can impact the environment even more by switching to solar energy. Although solar panel production releases carbon dioxide emissions, the panels make up for it by greatly reducing the amount of CO2 you would have released if you still used traditional energy. In Hampton, you can reduce your carbon footprint by 90 pounds a year with solar panels. As you can see, investing in solar has so many other rewards apart from saving money. One of the primary ones is that you can help save the environment too.