8 Best Solar Companies in Merrydale, LA (Jul 2022 Review)

The Cost and Benefits of Solar in Merrydale

We know that for most homeowners, the choice to invest in solar depends on installation costs. There are several factors you should consider when determining the overall cost and how much you can save, such as:

• System size and type: Some models are more costly than others, so the one you want to get can raise or lower your initial investment. Plus, the more solar panels you need to get, the more it'll cost.
• Typical energy usage: The more energy your household uses on average and the greater your current energy bills are, the more benefits you'll see from going solar.
• Incentives: The federal solar investment tax credit currently lets you decrease your taxes by 26% of the project cost. Your state and even local utility companies may also have various incentives that you can benefit from. Plus, you can save about $16,000 over 20 years on your utility bills, before factoring in incentives.
• Average daily sunlight: Since Merrydale gets lots of sunlight, your solar panel system will most likely be able to produce enough energy to power your whole home, which impacts how much your solar panels can save you on your electricity bills.

Even though a solar panel system costs a decent chunk of money upfront, it can save you much more in the long term. The question of how much, though, depends on a number of factors, like the amount of daily direct sunlight available and incentives.

Solar Incentives in Merrydale

Because solar power is a cleaner source of energy than fossil fuels, there are various government incentives in place to encourage people to make the switch. Everyone can take advantage of the federal Solar Investment Tax Credit (ITC), which lets you claim 26% of how much you paid for your solar installation when you file taxes, reducing the amount of taxes you owe that year. Additionally, there may be some state and city incentives you can benefit from too. Check out the table below to find out what incentives you can take advantage of.

Environmental Impact of Switching to Solar in Merrydale

A lot of people want to do what they can for the environment, which often is the chief reason for installing solar panels. But you may be wondering — how much exactly can you help by going solar? The more power you use, the the more the environment will benefit if you switch to solar since you won't need to use as much nonrenewable energy. Since solar panels don't release CO2 emissions into the atmosphere when producing electricity, they're a good trade for nonrenewable energy sources. In fact, you could lower your carbon dioxide emissions by about 80 pounds each year. For people who care about the environment, the upfront cost of solar is a small price to pay for the offset carbon emissions.