11 Best Solar Companies in Bettendorf, IA (2023 Reviews)

The Cost and Benefits of Solar in Bettendorf

Solar panels run off a free energy source — the sun — but to take advantage of this you will first need to pay to set up your panels. Some important things that determine the cost and possible savings include:

• Your energy bills: This will dictate your savings. In Bettendorf, the average resident can save about $1,600 a year on their electricity bills.
• Energy consumption: Installing a solar system may be too steep of an option for families that don't use a good amount of energy each month.
• The model of solar panels you want: More high-tech panels have higher prices, so that will affect your budget for your solar project.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which gives you a tax credit currently 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 $16,000 over 20 years with your solar system, too.

There are lots of great benefits of solar in spite of the initial cost of installation. It can help the environment and your finances. Additionally, it can boost the value of your home, giving you even more benefits if you want to sell your home later.

Solar Incentives in Bettendorf

Although solar power is typically a big investment, it can save you a considerable amount of money over time because of reduced utility bills and government incentives. When you install solar panels on your house, you can take advatage of the federal tax credit, or ITC. This credit currently lets you reduce your tax bill by 30% of the cost of your solar panels. Additionally, there are often some regional incentives that you can take advantage of to further save. You can learn about the incentives you can use in our article on solar incentives

Environmental Impact of Switching to Solar in Bettendorf

There are many reasons to switch to solar energy, like saving on electricity bills and helping to lower your carbon footprint. You may be wondering — how much do solar panels do for the environment anyway? The EPA reports that electricity generation is the second greatest source of greenhouse gas emissions and about 62% of our electricity is produced by burning fossil fuels. Using solar power can help lower that statistic in a city like Bettendorf that generates a large 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 want to help the environment, the upfront cost of solar is a small price to pay for the offset carbon emissions.