15 Best Solar Companies in Edgewood, MD (2023 Reviews)

The Cost and Benefits of Solar in Edgewood

When picking a solar company, most homeowners or business owners think about the costs above all. Some important things that impact the cost and possible savings include:

• Incentives: The federal solar investment tax credit currently lets you decrease your taxes by 30% of the project cost. Your state may also have incentives and rebates that you can benefit from. Plus, you can save about $14,000 over 20 years on your utility bills, before factoring in incentives.
• The amount of sunlight your roof gets: If your roof doesn't get a lot of direct sunlight, your solar panels won't be able to generate as much energy, which will leave you with lower savings on energy bills than someone with a roof that gets a lot of sunlight.
• Your energy bills: This will dictate how much money you might save. In Edgewood, the average homeowner can save about $840 a year on their electricity bills.
• 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 save you more money over the lifetime of your system. If you don't need to maximize efficiency, you can opt for a higher number of more affordable panels.

There are lots of great benefits of solar despite the upfront cost of installation. It can help the Earth and your finances. In addition, it can raise the value of your home, resulting in even more benefits if you decide to sell your home later.

Solar Incentives in Edgewood

If you're considering making the switch to solar energy, several government incentives and tax credits can immensely bring down the cost of the project and speed up the return on your investment. There are several federal, state and local rebates and tax credits that may earn you anywhere from 30% to 50% of your money back after installing a solar panel system. Our article on solar incentives has more information on the incentives you can benefit from in Edgewood.

Environmental Impact of Switching to Solar in Edgewood

Installing solar panels is a compelling way to do your part for a more sustainable future. You may be trying to figure out — how much does making the switch do for the planet anyway? Your energy usage is an important factor to consider. The more electricity your home uses, the greater your impact when you make the switch to solar power. Even though solar panel manufacturing 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 nonrenewable energy. In Edgewood, you can reduce your carbon footprint by 60 pounds a year with solar panels. The great things about solar power are plentiful — just like solar power is! That's why so many homeowners have been happy with using solar energy.