14 Best Solar Companies in Waverly, IA (Jan 2023 Review)

The Cost and Benefits of Solar in Waverly

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 system. Some significant things that influence how much it will cost and how much you could save include:

• Your energy consumption: If your household regularly uses a lot of energy, you'll benefit more from installing solar panels.
• Incentives: The federal solar investment tax credit, which everyone in the U.S. is eligible for, allows you to deduct 30% of the cost of installing your solar panel system from your taxes. In addition, not including incentives, you can save about $19,000 over 20 years on your energy bills.
• Your income and budget: This affects what kind of solar panels you can purchase.
• The amount of sunlight your home gets: Thanks to Waverly's high amount of average daily sunlight, you should be able to save a decent amount on your power bills.

Solar is a rewarding investment for most homeowners. You can produce your own power instead of paying for it from a utility company and take advantage of solar tax credits and rebates, all while helping protect the environment.

Solar Incentives in Waverly

If you're thinking about making the switch to solar energy, a variety of government incentives and tax credits can dramatically bring down the installation costs and expedite the return on your investment. On top of the federal solar investment tax credit, there are also some state- and city-level benefits, which in most cases, stack with the federal incentive, so you get to save even more. Our article on solar incentives has more in-depth information on the incentives you can find in Waverly.

Environmental Impact of Switching to Solar in Waverly

There are many reasons to trade traditional energy for solar power, like saving on electricity bills and helping to lower your carbon footprint. But — how much exactly can you help the planet by using solar power? The more energy you use, the the more the environment will benefit when you switch to solar as you won't need to use as much nonrenewable energy. If you go solar, your carbon emissions can be cut by about 90 pounds every year. If you care about the environment, you'll no doubt understand that there are many advantages to adopting solar power other than just saving money on electricity. You can also help preserve the environment, which some would argue is priceless.