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

The Cost and Benefits of Solar in Bowie

The cost of putting up solar panels has gone down significantly over the past few years, but it's still a substantial investment for most homeowners. The installation cost is just one important factor you should take into account when looking into getting solar panels. How much it'll cost and how much you can save depend on things such as:

• Your home's power bills: With high monthly electric bills in Bowie, you could save about $860 a year with solar.
• The model of solar panel system you have the money for: This hinges on your income and budget.
• Typical energy usage: The more electricity your household uses on average and the higher your current electricity bills are, the more likely you'll benefit from making the switch to solar.
• Incentives: The federal solar investment tax credit, which can save you some money, lets you deduct 30% of the cost of your solar system installation from your federal taxes. In addition, not including incentives, you can save about $15,000 over 20 years on your energy bills.

There are many good benefits of solar in spite of the initial cost of installation. It can help the environment and your finances. Plus, it can increase the value of your home, giving you even more benefits if you decide to sell your home later.

Solar Incentives in Bowie

If you're considering switching to solar power, several government incentives and subsidies can immensely reduce the cost of the project and speed up the return on your investment. Local solar incentives vary by location and, sometimes, utility company. Many states offer rebates for solar power, in addition to the federal solar tax credit. In the table below, you can read about the incentives you qualify for in your area.

Environmental Impact of Switching to Solar in Bowie

If you're planning on adding solar panels to your home, one of the main reasons why may be to lower your carbon dioxide emissions. You may be wondering — how much does making the switch help the environment anyway? Something that can dramatically influence your carbon footprint is how long your commute is and how much you drive overall. If you switch to solar power and drive an electric car, you can vastly cut back on your carbon dioxide emissions by charging your car at home. While solar panel production releases carbon dioxide emissions, the panels make up for it by significantly reducing the amount of CO2 you would have produced if you still used traditional energy. In Bowie, you can reduce your carbon footprint by 60 pounds a year with solar panels. As you can see, trading traditional energy for solar has so many other rewards beyond saving money. One of the major ones is that you can help save the planet too.