16 Best Solar Companies in North Liberty, IA (Oct 2022 Review)

The Cost and Benefits of Solar in North Liberty

When choosing a solar company, most homeowners or business owners wonder about the costs above all. The installation cost is just one important factor you should bear in mind when looking into installing solar panels. How much it'll cost and how much you can save depend on things such as:

• Incentives: One thing that can make your solar project cost less is the solar investment tax credit (ITC), which is a tax credit that's equal to a percentage of the project cost. You can also save a decent amount of money on your energy bills, which can lead to an average of $18,000 of savings over 20 years.
• The kind of solar panel system you can afford: This is dependent on how much you're willing to spend upfront.
• Where your home is: This influences how much sunlight your roof gets, which helps determine how many panels you need.
• How much electricity your home consumes: Homes that consume lots of electricity each month may call for more solar panels and, therefore, be more expensive, but will also enjoy more savings over time.

So is a solar panel system worth it? Whether you want to decrease your electricity costs, carbon emissions or both, solar panels are a good investment for many North Liberty homeowners.

Solar Incentives in North Liberty

Because solar power is a cleaner source of energy than traditional energy sources, there are quite a few government incentives in place to encourage its adoption. When you install a solar panel system on your house, you can take advatage of the federal tax credit, or ITC. This credit currently reduces your tax bill by 30% of the cost of your solar panels. Additionally, there are often some local incentives that you can use to further cut back on the cost of solar of solar panels. The table below shows you the incentives you can take advantage of in North Liberty.

Environmental Impact of Switching to Solar in North Liberty

An important reason so many are thinking of switching to solar power is to help lower their environmental impact. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in North Liberty, though. Switching to solar power is an impactful choice for the environment, due to the fact that the greatest source of greenhouse gas emissions in the nation is from burning fossil fuels for electricity, heat, and transportation — all of which can be powered by solar instead. If you go solar, your carbon dioxide emissions can be reduced by about 90 pounds each year. Since solar power is renewable and makes electricity without free from carbon dioxide emissions, adding solar panels to your home is one easy step you can take to help preserve the environment.