16 Best Solar Companies in Boonsboro, MD (Sep 2022 Review)

The Cost and Benefits of Solar in Boonsboro

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 panels. The overall price and potential savings vary depending on a few key factors such as:

• How much power your household needs: If your family uses a lot of energy, you'll reap more rewards from switching to solar.
• Choice of solar panels: The kind of solar panels you buy 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 space isn't a constraint for your project, you can opt for a higher number of more affordable panels.
• Incentives: Something that can make your solar project cost less is the solar investment tax credit (ITC), which is a tax credit that's equal to a percentage of the project cost. You can also save a decent amount of money on your power bills, which can generate an average of $11,000 of savings over 20 years.
• Average daily sunlight: Since Boonsboro gets a decent amount of average daily sunlight, your solar panels can generally generate enough energy to power your whole home, which affects how much your electricity bills will be.

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

Solar Incentives in Boonsboro

If you're thinking about making the switch to solar power, a variety of government incentives and state programs can greatly bring down your project costs and speed up the return on your investment. When you install solar panels, you become eligible to claim the federal tax credit, or ITC. This credit currently lets you lower your tax bill by 30% of the cost of your solar panels. In addition, there are often some regional incentives that you can take advantage of to further cut back on the cost of solar of solar panels. Check out the table below to find out what incentives are available to you.

Environmental Impact of Switching to Solar in Boonsboro

One reason so many people are considering going solar is to help reduce their environmental impact. But how much can installing solar panels actually affect the environment? In a city like Boonsboro where energy use is rather high, switching to solar energy is a good idea for households who are eco-conscious. In Boonsboro, the average homeowner can lower their carbon footprint by 90 pounds a year after going solar. Since solar power is renewable and produces electricity without a carbon footprint, adding solar panels to your home is one easy step you can take to help the environment.