17 Best Solar Companies in Hogansville, GA (Feb 2023 Review)

The Cost and Benefits of Solar in Hogansville

The cost of installing a solar panel system has decreased greatly in the past several years, but it's still a large investment for most homeowners. There are several factors you should take into consideration when determining how much it will cost and how much you can save, including:

• Energy consumption: Installing solar panels may be too steep of an option for families that don't need a lot of energy a month.
• 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 energy bills, which can lead to an average of $20,000 of savings over 20 years.
• The type and model of solar panels you're thinking of getting: More high-tech panels are more highly priced, so that will influence your budget for your solar project.
• The amount of sunlight your house gets: Because of Hogansville's very high amount of average daily sunlight, you should be able to save a lot on your electric bills.

There are lots of good benefits of solar in spite of the upfront cost of installation. It can help the environment and your finances. In addition, it can raise the value of your home, leading to even more benefits if you choose to sell your home later.

Solar Incentives in Hogansville

If you're considering making the switch to solar power, several government incentives and tax credits can greatly reduce the installation costs and speed up the return on your investment. Regardless of 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 your solar project cost on your tax return, reducing the amount of taxes you owe that year. In addition, there may be some state and city incentives that can save you some extra money too. In our article on solar incentives, you can read about the incentives you qualify for in your area.

Environmental Impact of Switching to Solar in Hogansville

One of the best reasons to adopt solar power is to reduce your reliance on nonrenewable energy sources like burning fossil fuels, which are hazardous for the environment. But how much can installing solar panels actually affect the environment? The EPA reports that electricity production is the second greatest source of greenhouse gas emissions and about 62% of our electricity is generated by burning fossil fuels. Installing solar panels and switching to renewable energy can help bring down that number in a city like Hogansville that produces a sizable amount of carbon dioxide emissions each year. In fact, if you install solar panels, you could be looking at reducing your carbon dioxide emissions by about 90 pounds each year. For those who care about the environment, the upfront cost of solar is a small price to pay for reducing your carbon footprint.