17 Best Solar Companies in Albia, IA (Mar 2023 Review)

The Cost and Benefits of Solar in Albia

When choosing a solar company, most homeowners or business owners worry about the costs the most. There are quite a few factors you should take into consideration when determining the overall cost and how much you can save, such as:

• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you deduct 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. Excluding incentives, you can save an average of $20,000 over 20 years with your solar system, too.
• Your income and budget: This determines what kind of solar panels you can buy.
• Your location: This affects how much sunlight your roof gets, which helps determine how many panels you need.
• How much power your home consumes: Households that consume lots of power each month may require more solar panels and, as a result, more upfront cost, but will also enjoy more savings over time.

Solar is a profitable investment for most homeowners. You can generate your own power instead of paying for it from the grid and benefit from solar incentives and rebates, all while helping the Earth.

Solar Incentives in Albia

One of the benefits of installing a solar panel system is receiving federal and potentially state incentives. Everyone can take advantage of the federal Solar Investment Tax Credit (ITC), which lets you claim 30% of your project costs on your tax return, lowering the amount of taxes you owe that year. Plus, there may be some state and city incentives that can save you some extra money too. You can learn about the incentives you can take advantage of in our article on solar incentives

Environmental Impact of Switching to Solar in Albia

Lots of people want to do their part to help protect the environment, which in many cases is the primary reason for installing a solar system. Something many people might be wondering about is how much can they really help save the environment by going solar anyway? According to the EPA, electricity production is the second biggest source of greenhouse gas emissions and about 62% of our electricity is produced by burning fossil fuels. Installing solar panels and switching to renewable energy can help bring down that statistic in a city like Albia that is responsible for a large amount of carbon dioxide emissions each year. Since solar panels don't release CO2 emissions into the atmosphere when creating electricity, they're a good alternative to nonrenewable energy sources. In fact, you could be looking at reducing your carbon dioxide emissions by about 100 pounds each year. If you want to do your part for the environment, you'll no doubt find that there are many benefits of adopting solar energy other than just saving money on bills. You can also help preserve the environment, which some would argue is worth more.