13 Best Solar Companies in Madison, GA (Sep 2022 Review)

The Cost and Benefits of Solar in Madison

While solar panels can save you a decent chunk of change on electricity bills over time, it's necessary to consider the upfront costs. The cost and possible savings vary depending on a few key factors such as:

• System size and type: Some models are more expensive than others, so the one you get can raise or lower your initial investment. Plus, the more solar panels you need, the more it'll cost.
• Electricity consumption: The average home in Madison uses a decent amount of, and so may save on their energy bills.
• The amount of sunlight your home gets: Due to Madison's very high amount of average daily sunlight, you should be able to save a lot on your electricity bills.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you receive a tax credit curretnly worth 30% of your overall installation cost, your state or local government may offer additional tax exemptions, credits or rebates that can help you save even more. Not including incentives, you can save an average of $20,000 over the first 20 years with your solar system, too.

There are several good benefits of solar despite the upfront cost of installation. It can help the environment and your finances. Plus, it can boost the value of your home, resulting in even more benefits if you decide to sell your home later.

Solar Incentives in Madison

If you're thinking about making the switch to solar energy, a variety of government incentives and subsidies can drastically lower the installation costs and speed up the return on your investment. There are quite a few federal, state and local rebates and tax credits that may earn you anywhere from 26% to 50% of your money in return after buying a qualifying system. You can learn about the incentives available to you in the table below.

Environmental Impact of Switching to Solar in Madison

There are lots of reasons to trade traditional energy for solar energy, like saving some money on utility bills and helping to reduce your carbon footprint. But how much can using solar energy instead of traditional energy actually affect the environment? In a city like Madison where energy use is rather high, making the switch to solar power is a fantastic plan for those who want to do their part for the environment. Since solar panels don't release CO2 emissions into the atmosphere when creating electricity, they're a good swap for traditional energy sources. In fact, you could reduce your carbon dioxide emissions by about 90 pounds each year. The good things about solar power are infinite — just like solar power is! That's why so many people have been happy with using solar energy.