17 Best Solar Companies in Hiram, GA (Sep 2022 Review)

The Cost and Benefits of Solar in Hiram

Solar panels are powered by a free energy source — the sun — but before you can take advantage of this you will first need to pay to set up your panels. There are a few factors you should consider when trying to determine the overall cost and how much you can save, such as:

• How much sunlight your roof gets: If your roof gets limited direct sunlight, your solar panel system won't be able to make as much energy, which will leave you with lower savings on power bills than someone with a roof that gets lots of sunlight.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which gives you a tax credit currently worth 30% of your overall installation cost, your state or local government may offer additional tax exemptions, credits or rebates that will help you save even more. Not including incentives, you can save an average of $18,000 over the first 20 years with your solar system, too.
• The model of solar panels you're planning on getting: Some are more expensive, so that will affect your budget for your solar project.
• Your energy consumption: If your home regularly uses a lot of energy, you'll benefit more from installing solar panels.

Although a solar panel system costs a sizable chunk of money upfront, it can save you thousands of dollars over the lifespan of your panels. The question of how much, though, depends on a number of factors, like the kind of solar panels you get and your current power bills.

Solar Incentives in Hiram

Although solar power is typically a $15,000 to $25,000 investment, it can save you a considerable amount of money in the long term because of smaller energy bills and government incentives. No matter what state you live in, you can take advantage of the federal Solar Investment Tax Credit (ITC), which lets you claim 30% of how much you paid for your solar installation on your tax return, reducing the amount of taxes you owe that year. Additionally, there may be some state and city incentives that stack with the ITC too. You can find out about the incentives you can take advantage of in the table below.

Environmental Impact of Switching to Solar in Hiram

There are a few primary reasons why homeowners are considering solar energy: for the financial and environmental benefits. You may be trying to figure out — how much does making the switch do for the planet anyway? If your family consumes a lot of energy, you can impact the environment even more by switching to solar power. In Hiram, the average resident can lower their carbon footprint by 90 pounds a year once they go solar. The perks of solar power are plentiful — just like solar power is! That's why so many Hiram residents have been happy with committing to solar.