12 Best Solar Companies in Eldridge, IA (Mar 2023 Review)

The Cost and Benefits of Solar in Eldridge

Although solar panels can save you a decent chunk of change on energy over time, it's necessary to know the startup costs. Some main factors that determine how much it will cost to install a solar panel system on your home and how much money you could save over time are:

• Your energy bills: This will influence how much you can save. In Eldridge, the average homeowner can save about $1,600 a year on their electricity bills.
• System size and type: Some models are more expensive than others, so the one you want to get can raise or lower your upfront cost. Plus, the more solar panels you need to buy, the more it'll cost.
• The amount of sunlight your roof gets: If your roof doesn't see much direct sunlight, your solar system won't be able to make as much energy, which will give you lower savings on electricity bills than a house with a roof that gets plenty of sunlight.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which gives you a tax credit currently worth 30% of your overall installation cost, your state or 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 the first 20 years with your solar panels, too.

There are several good benefits of solar despite the initial cost of installation. It can help the environment and your finances. In addition, it can boost the value of your home, leading to even more benefits if you want to sell your home later.

Solar Incentives in Eldridge

There are several reasons why going solar is a great investment. One of them involves some government incentives that can help save you some money. In addition to the federal tax credit incentive, there are also some state- and city-level programs, which in almost all cases, can be claimed in addition to the federal incentive, so you can save even more. In our article on solar incentives, you can find out about the incentives you qualify for in your area.

Environmental Impact of Switching to Solar in Eldridge

Swapping traditional energy for solar is a profound way to do your part for a cleaner and more sustainable future. But how much can switching to solar actually help the environment? Everyone can help save the environment by switching to solar energy, but homes that use a lot of energy will have a bigger impact. In Eldridge, the average homeowner can lower their carbon footprint by 90 pounds a year once they go solar. The great things about solar power are plentiful — just like solar power is! That's why so many homeowners have been happy with using solar energy.