16 Best Solar Companies in Upland, IN (Sep 2022 Review)

The Cost and Benefits of Solar in Upland

We get that for many homeowners, the decision to invest in solar highly depends on installation costs. Some significant things that determine the upfront cost and potential savings over time include:

• How much electricity your home consumes: Homes that need plenty of energy each month may require more solar panels and, consequently, be more expensive, but will also enjoy more savings over time.
• The amount of sunlight your city gets: Thanks to Upland's high amount of average daily sunlight, you should be able to save a decent amount on your electricity bills.
• Your income and budget: This guides what model of solar panels you can purchase.
• 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 your solar system installation from your taxes. In addition, not including incentives, you can save about $16,000 over 20 years on your energy bills.

Due to the cost of solar panels being lower than before as well as various solar incentives, they are a solid investment for many homeowners.

Solar Incentives in Upland

Although a solar power system is typically a $15,000 to $25,000 investment, it can save you a significant amount of money over several years due to smaller energy bills and government incentives. These incentives mostly include cash rebates, tax benefits and/or solar renewable energy credits. They can cut how much you pay for installing solar panels by 26 to 50% in some cases. The table below gives you an idea of the incentives you can find in Upland.

Environmental Impact of Switching to Solar in Upland

One reason so many people are thinking of going solar is to help bring down their environmental impact. You may be curious — how much does making the switch do for the planet anyway? In a city like Upland where energy use is particularly high, going solar is a great plan for people who are worried about the state of the planet. Since solar panels don't release carbon dioxide emissions into the atmosphere when generating electricity, they're a good alternative to traditional energy sources. In fact, you could expect to reduce your carbon dioxide emissions by about 90 pounds each year. The good things about solar power are abundant — just like solar power is! That's why so many people have been happy with making the switch to solar.