18 Best Solar Companies in Carney, MD (Feb 2023 Review)

The Cost and Benefits of Solar in Carney

For most homeowners, whether or not you should invest in solar energy boils down to the cost. Some important things that impact the cost and possible savings include:

• Incentives: The federal solar investment tax credit, which everyone qualifies for, lets you deduct 30% of the cost of your solar system installation from your taxes. Additionally, not including incentives, you can save about $14,000 over 20 years on your energy bills.
• How much energy costs for you: The average family in Carney spends around $840 a year on energy alone, so you could be looking at that much in savings.
• Whether or not your roof gets a lot of direct sunlight: This, along with how your roof is set up, affects affect how much electricity your solar panels can make.
• Choice of solar panels: The type of solar panels you need will affect your total cost. High-efficiency monocrystalline panels are more expensive upfront but can also save you more money over the lifetime of your system. If you don't need to maximize efficiency, you can go with a higher number of more affordable panels.

There are lots of good benefits of solar even with the initial cost of installation. It can help the planet and your bank account. Additionally, it can boost the value of your home, leading to even more benefits if you decide to sell your home later.

Solar Incentives in Carney

If you're planning on making the switch to solar energy, a variety of government incentives and solar rebates can immensely bring down your project costs and expedite the return on your investment. These incentives mostly include cash rebates, tax benefits and/or performance-based incentives. They can reduce how much you pay for installing solar panels by 30%, upwards of 50% depending on your location. Our article on solar incentives goes over more in-depth information on the incentives you can benefit from in Carney.

Environmental Impact of Switching to Solar in Carney

There are lots of reasons to trade traditional energy for solar power, like saving some money on utility bills and helping to lower your carbon footprint. But how much can using solar energy instead of traditional energy actually help the environment? One thing to keep in mind is your overall carbon footprint. For example, if you have a long commute time and have an electric vehicle, you can install solar panels on your home to power your EV and therefore help offset your carbon emissions. When you go solar, your carbon emissions can be cut by about 60 pounds every year. If you want to do what you can for the environment, you'll no doubt get that there are many good things about adopting solar energy other than just saving money on electricity. You can also help preserve the environment, which some would argue is worth more.