13 Best Solar Companies in Dyersville, IA (Mar 2023 Review)

The Cost and Benefits of Solar in Dyersville

Solar panels are powered by 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:

• How much sunlight your roof gets: This, plus how your roof is set up, affects affect how much electricity your solar panels can generate.
• Incentives: One thing that can make your solar project cost less is the solar investment tax credit (ITC), which is a tax credit that lets you deduct from your taxes a percentage of the project cost. You can also save money on your energy bills, which can generate an average of $19,000 of savings over 20 years.
• average energy usage: The more energy your home uses on average and the greater your current energy bills are, the more likely you'll benefit from switching to solar.
• The make and model of solar panels you're planning on getting: More efficient models have higher prices, so that will affect your budget for your solar project.

Though a solar panel system costs a good chunk of money upfront, it can save you much more in the long term. The question of how much, though, depends on a number of factors, like the size of your house and incentives.

Solar Incentives in Dyersville

In an effort to increase the number of homes and businesses that use solar power, federal and local governments — and even some utility companies — offer incentives to help make going solar more financially viable and accessible. When you install solar panels, you become eligible to claim the federal tax credit, or ITC. This credit currently lets you lower your tax bill by 30% of the cost of your solar panels. Additionally, there are often some state and city incentives that you can use to further cut back on the cost of solar of solar panels. Our article on solar incentives goes over more in-depth information on the incentives you can find in Dyersville.

Environmental Impact of Switching to Solar in Dyersville

There are many reasons to trade traditional energy for solar energy, like saving money on electricity bills and helping to lower your carbon footprint. You may be asking yourself — how much does making the switch help the environment anyway? No matter where you are, you can help the environment by switching to solar energy, but homes that consume a lot of energy will have a bigger impact. Even though making solar panels emits carbon dioxide, the panels make up for it by considerably lowering the amount of CO2 you would have been responsible for if you still used traditional energy. In Dyersville, you can reduce your carbon footprint by 90 pounds a year with solar panels. As you can see, investing in solar has so many other perks outside of saving money. One of the primary ones is that you can help save the environment too.