17 Best Solar Companies in Eldersburg, MD (Mar 2023 Review)

The Cost and Benefits of Solar in Eldersburg

We know that for many homeowners, the decision to invest in solar depends on installation costs. Some key factors that dictate how much it will cost to install solar panels on your home and how much it could save you over time are:

• The kind of solar panels you want: Higher-efficiency panels are more expensive, so that will affect your budget for your solar project.
• Incentives: One thing that can save you money on your solar project 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 on your power bills, which can result in an average of $13,000 of savings over 20 years.
• The amount of sunlight your roof gets: If your rooftop gets limited direct sunlight, your solar panels won't be able to generate as much energy, which will leave you with lower savings on electricity bills than a house with a roof that gets a lot of sunlight.
• How much you spend on energy: If your local power rates are high, there's a good chance you'll end up with a higher return on your investment in a solar system. In Eldersburg, you can save an average of $65 a month on your electricity bills.

Though a solar panel system costs a sizable chunk of money upfront, it can save you thousands of dollars over the lifespan of your panels. The question of how much, though, depends on a number of factors, including the angle of your roof and your energy consumption.

Solar Incentives in Eldersburg

There are lots of reasons why adopting solar power is beneficial. One of them consists of some government incentives that can save you money. There are several federal, state and local rebates and tax credits that may earn you a decent amount of money back after installing solar panels. Check out our article on solar incentives to learn what incentives are available to you.

Environmental Impact of Switching to Solar in Eldersburg

There are a few key reasons why people are interested in solar energy: to help their wallet and the environment. But how much can using solar energy instead of traditional energy actually affect the environment? The average person has a substantial carbon footprint. Between their car, which releases over 10,000 pounds of carbon dioxide emissions a year, and energy for their home, it can be overwhelming to figure out what to do. Using solar power is a simple thing you can do to help. In fact, if you adopt solar power, you could be looking at reducing your carbon dioxide emissions by about 60 pounds each year. Since solar energy is abundant and generates electricity without free from carbon dioxide emissions, installing solar panels is one easy step you can take to help preserve the planet.