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

The Cost and Benefits of Solar in College Park

When choosing a solar company, most homeowners or business owners worry about the costs above all. A few main factors that affect how much it will cost to install solar panels on your home and how much money you could save over time are:

• Choice of solar panels: The kind of solar panels you want will affect your total cost. High-efficiency monocrystalline panels will cost more 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.
• The cost of energy for you: If your local electricity rates are high, there's a better chance you'll see a higher return on your investment in a solar panel system. In College Park, you can save an average of $76 a month on your electricity bills.
• Incentives: The federal solar investment tax credit, which everyone in the U.S. is eligible for, lets you deduct 30% of the cost of your solar system installation from your taxes. In addition, not including incentives, you can save about $16,000 over 20 years on your energy bills.
• Your home's orientation toward the sun: This, plus your roof configuration, affects affect how much electricity your solar panels can produce.

Solar is a valuable investment for most homeowners. You can make your own power instead of paying for it from a utility company and make use of solar tax credits and rebates, all while helping protect the environment.

Solar Incentives in College Park

Adopting solar power has lots of considerable benefits. Not only can it help protect the environment, but you can also save a decent amount of money on your installation with various government incentives. State and city solar incentives depend on the location and, sometimes, utility company. A lot of states offer rebates for solar power, in addition to the federal solar tax credit. Our article on solar incentives has more in-depth information on the incentives you can find in College Park.

Environmental Impact of Switching to Solar in College Park

There are a few key reasons why homeowners are interested in solar energy: for the good of their bank accounts and the planet. A question many homeowners might be wondering about is how much can they really help protect the environment by going solar anyway? How much energy you use is a significant factor to think about. The more power your household consumes, the greater your impact when you make the switch to solar power. In College Park, the average homeowner can lower their carbon footprint by 60 pounds a year after going solar. If you want to do your part for the environment, you'll no doubt get that there are many benefits of adopting solar power other than just saving money on bills. You can also help preserve the environment, which some would argue is more valuable.