10 Best Solar Companies in Lawrence, IN (Aug 2022 Review)

The Cost and Benefits of Solar in Lawrence

When deciding on a solar company, most homeowners or business owners wonder about the costs the most. The installation cost is just one important factor you should take into account when looking into getting solar panels. How much it'll cost and how much you can save depend on things including:

• How much you spend on energy: The typical family in Lawrence shells out around $1,500 a year on energy alone, so you could be looking at that much in savings.
• Typical energy usage: The more energy your home uses on average and the greater your current energy bills are, the more money you could save by switching to solar.
• The type and model of solar panels you're thinking of getting: More high-tech panels have higher prices, so that will shape your budget for your solar project.
• Where your home is: This affects the average daily sunlight your roof gets, which helps determine how many panels you need.

Solar is a fruitful investment for most homeowners. You can produce your own electricity instead of paying for it from the grid and take advantage of solar incentives, all while helping the Earth.

Solar Incentives in Lawrence

One of the good things about installing a solar panel system is earning government incentives. In addition to the federal tax credit incentive, there are also some local benefits, which in the majority of cases, stack with the federal incentive, so you get to save even more. For more information about incentives that apply to you, check out the table below.

Environmental Impact of Switching to Solar in Lawrence

There are lots of reasons to make the switch to solar power, like saving some money on utility bills and helping to lower your carbon footprint. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Lawrence, though. As stated by the EPA, electricity production is the second largest source of greenhouse gas emissions and about 62% of our electricity comes from burning fossil fuels. Using solar power can help reduce that number in a city like Lawrence that is responsible for a sizable amount of carbon dioxide emissions each year. Because solar panels don't release greenhouse gas emissions into the atmosphere when producing electricity, they're a good swap for traditional energy sources. In fact, you could expect to reduce 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 offsetting your carbon emissions.