12 Best Solar Companies in Barbourville, KY (Feb 2023 Review)

The Cost and Benefits of Solar in Barbourville

We get that for most homeowners, the decision to invest in solar hinges on installation costs. The overall price and potential savings vary depending on a few key factors such as:

• The amount of sunlight your roof gets: If your rooftop doesn't get a lot of direct sunlight, your solar system won't be able to generate as much energy, which will give you lower savings on power bills than someone with a roof that gets plenty of sunlight.
• Incentives: The federal solar investment tax credit, which can save you some money, lets you deduct 30% of the cost of installing your solar panel system from your federal taxes. Plus, not including incentives, you can save about $15,000 over 20 years on your energy bills.
• Energy consumption: Solar may be a high-cost option for homes that don't consume a good amount of energy a month.
• Choice of solar panels: The kind of solar panels you need will affect your total cost. High-efficiency monocrystalline panels are more expensive upfront but can also lead to more savings over the lifetime of your system. If you don't need to maximize efficiency, you can go with a higher number of more affordable panels.

Though a solar panel system costs a decent chunk of money upfront, it can save you thousands of dollars over the lifespan of your panels. The question of how much, though, depends on several factors, such as the angle of your roof and your energy consumption.

Solar Incentives in Barbourville

One of the great things about installing a solar panel system is receiving incentives from the government. There are several federal, state and local rebates and tax credits that may earn you a decent amount of money back after buying a solar panel system. Our article on solar incentives has more information on the incentives you can benefit from in Barbourville.

Environmental Impact of Switching to Solar in Barbourville

Lots of people want to do what they can to help the environment, which in many cases is the prime motivation to install a solar system. But how much can using solar energy instead of traditional energy actually affect the environment? If your household uses lots of energy, you can have an even greater impact on the planet by switching to solar power. In fact, if you install solar panels, you could look forward to lowering your carbon dioxide emissions by about 80 pounds each year. As you can see, investing in solar has so many other perks apart from saving money. One of the major ones is that you can help save the environment too.