17 Best Solar Companies in Edgewood, KY (Jan 2023 Review)

The Cost and Benefits of Solar in Edgewood

Even though solar panels can help save you a good amount of money on utility bills over time, it's necessary to know the upfront costs. There are quite a few factors you should take into consideration when trying to figure out the overall cost and how much you can save, including:

• Choice of solar panels: The kind of solar panels you are interested in getting will affect your total cost. High-efficiency monocrystalline panels will cost more upfront but can also lead to more savings over the lifetime of your system. If space isn't a constraint for your project, you can go with a higher number of more affordable panels.
• The amount of sunlight your roof gets: Due to Edgewood's high amount of average daily sunlight, you should be able to save a decent amount on your energy bills.
• Incentives: Those who buy and install a solar energy system this year can save 30% of their installation costs by using the federal solar investment tax credit. You can also save about $14,000 on your energy bills over 20 years excluding incentives.
• average energy usage: The more electricity your household consumes on average and the steeper your current electricity bills are, the more likely you'll benefit from making the switch to solar.

Solar is a worthwhile investment for most homeowners. You can generate your own electricity instead of paying for it from the grid and make use of solar tax credits and rebates, all while helping the environment.

Solar Incentives in Edgewood

In an effort to increase solar panel installation and usage, incentives are offered by the government — and even some utility companies — to help make solar power more affordable and accessible. Local solar incentives vary by location and, sometimes, utility company. A lot of states offer rebates for solar power, in addition to the federal solar tax credit. For comprehensive information about incentives for homeowners in Edgewood, visit our our article on solar incentives.

Environmental Impact of Switching to Solar in Edgewood

There are many reasons to trade traditional energy for solar energy, like saving 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 Edgewood, though. If your family uses a lot of energy, you can help the environment even more by switching to solar energy. Since solar panels don't release carbon dioxide emissions into the atmosphere when creating electricity, they're a good alternative to traditional energy sources. In fact, you could reduce your carbon dioxide emissions by about 80 pounds each year. The benefits of solar power are infinite — just like solar power is! That's why so many people have been happy with committing to solar.