11 Best Solar Companies in Accokeek, MD (Sep 2022 Review)

The Cost and Benefits of Solar in Accokeek

Solar panels are powered by a free energy source — the sun — but to take advantage of this you first need to pay to set up your system. The cost of solar and the savings it generates vary depending on a few important factors such as:

• Electricity consumption: The average home in Accokeek uses a decent amount of, and as a result may save on their energy bills.
• Your current electricity bills: Solar panels can substantially reduce, or totally eliminate, your utility bills. In Accokeek, you can save an average of $71 a month.
• System size and type: Some models are more pricy than others, so the one you choose can raise or lower your initial investment. Plus, the more solar panels you need to buy, the more it'll cost.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you deduct 30% of your overall installation cost, your local government may offer additional tax exemptions, credits or rebates that will help you save even more. Not including incentives, you can save an average of $15,000 over the first 20 years with your solar panels, too.

Solar is a worthwhile investment for most homeowners. You can generate your own electricity instead of paying for it from a utility company and benefit from solar incentives and rebates, all while helping preserve the Earth.

Solar Incentives in Accokeek

Because solar power is a cleaner source of energy than burning fossil fuels, there are various government incentives available to encourage its adoption. When you install a solar panel system on your house, you can take advatage of the federal tax credit, or ITC. This credit currently lets you lower your tax bill by 30% of the cost of your solar panels. Plus, there may often be some regional incentives that you can take advantage of to further save. You can learn about the incentives you can take advantage of in the table below.

Environmental Impact of Switching to Solar in Accokeek

There are a few key reasons why homeowners are considering solar energy: to help their wallet and the environment. But how much can installing solar panels actually affect the environment? One thing to keep in mind is your overall carbon footprint. For example, if you spend a lot of time on the road and have an electric vehicle, you can use solar energy for your home to power your EV and therefore help offset your carbon emissions. Because solar panels don't release carbon dioxide emissions into the atmosphere when creating electricity, they're a good substitute for nonrenewable energy sources. In fact, you could reduce your carbon dioxide emissions by about 60 pounds each year. If you want to do what you can for the environment, you'll no doubt understand that there are many benefits of adopting solar energy other than just saving money on bills. You can also help protect the environment, which some would argue is more valuable.