11 Best Solar Companies in Palmetto, GA (Sep 2022 Review)

The Cost and Benefits of Solar in Palmetto

Although solar panels can save you a good amount of money on electricity bills over time, it's necessary to know the upfront costs. The installation cost is just one important factor you should take into account when looking into installing solar panels. How much it'll cost and how much you can save depend on things including:

• The type of solar panels you can buy: This is dependent on what your budget is.
• Energy consumption: Installing solar panels may be a high-cost option for families that don't need a lot of energy a month.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you receive a tax credit curretnly worth 30% of your total installation cost, your 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 amount of sunlight your home gets: Because of Palmetto's very high amount of average daily sunlight, you should be able to save a lot on your electricity bills.

Although a solar panel system costs a decent 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 several factors, such as the kind of solar panels you get and your local electricity rates.

Solar Incentives in Palmetto

There are several reasons why adopting solar power is beneficial. One of them involves some government incentives that can help save you some money. When you install a solar panel system on your house, you can claim the federal tax credit, or ITC. This credit currently lowers your tax bill by 30% of the cost of your solar panels. Plus, there are often some regional incentives that you can use to further save. In the table below, you can read about the incentives you qualify for in Palmetto.

Environmental Impact of Switching to Solar in Palmetto

Many want to do what they can to help save the planet, which in many cases is the primary reason for installing a solar system. But you may be wondering — how much exactly can you help the planet by going solar? The more power your family uses, the the more the environment will benefit from you switching to solar as you won't have to burn as many fossil fuels. Even though solar panel production emits carbon dioxide, the panels make up for it by considerably reducing the amount of CO2 you would have produced if you still used nonrenewable energy. In Palmetto, you can reduce your carbon footprint by 90 pounds a year with solar panels. Since solar energy is renewable and generates electricity without releasing carbon emissions, installing solar panels is one easy step you can take to help protect the planet.