13 Best Solar Companies in Walton, KY (Mar 2023 Review)

The Cost and Benefits of Solar in Walton

The cost of putting up a solar panel system has decreased immensely in the past several years, but it's still a large investment for most homeowners. There are several factors you should consider when determining how much it will cost and how much you can save, including:

• Incentives: Those who purchase and install a solar system this year can save 30% of their total solar spend by taking advantage of the federal solar investment tax credit. You can also save about $14,000 on your electricity bills over 20 years not including incentives.
• Whether or not your roof gets a lot of direct sunlight: This, along with how your roof is set up, affects affect how much energy your solar panels can produce.
• System size and type: Some models are more pricy than others, so the one you choose can raise or lower your upfront cost. Plus, the more solar panels you need to get, the more it'll cost.
• The cost of electricity in your area: If your local electricity rates are especially high, there's a better chance you'll see a higher return on your investment in a solar system. In Walton, you can save an average of $121 a month on your electricity bills.

So is installing solar panels worth it? Whether you want to reduce your energy bills, greenhouse gas emissions or both, solar panels are a solid investment for many Walton homeowners.

Solar Incentives in Walton

To increase solar panel installation and usage, federal, state and local governments — and even some utility companies — offer incentives to help make solar more financially viable and accessible. There are quite a few federal, state and local rebates and tax credits that earn some money back after installing a solar panel system. In our article on solar incentives, you can find out about the incentives you qualify for near you.

Environmental Impact of Switching to Solar in Walton

One of the best reasons to switch to solar power is to cut your reliance on nonrenewable energy sources like burning fossil fuels, which are damaging for the environment. You may be wondering — how much does going solar help the planet anyway? If your family uses a lot of energy, you can impact the environment even more by switching to solar power. In fact, if you make the switch to solar power, you could expect to reduce your carbon dioxide emissions by about 80 pounds each year. If you want to do your part for the environment, you'll likely understand that there are many good things about adopting solar energy other than just saving money on electricity. You can also help protect the environment, which some would argue is invaluable.