14 Best Solar Companies in Elkridge, MD (Mar 2023 Review)

The Cost and Benefits of Solar in Elkridge

The cost of installing a solar panel system has gone down greatly in the past few years, but it's still a significant investment for most homeowners. There are a few factors you should take into consideration when trying to determine how much it will cost and how much you can save, including:

• Incentives: The federal solar investment tax credit currently lets you decrease your taxes by 30% of the project cost. Your state and city may also have various incentives that you can benefit from. Plus, you can save about $14,000 over 20 years on your utility bills, without incentives.
• Whether or not your roof gets a lot of direct sunlight: This, plus how your roof is set up, affects affect how much electricity your solar panels can generate.
• Your income and budget: This determines what model of solar panels you can get.
• Energy consumption: Solar may be too pricey an investment for families that don't consume a good amount of energy a month.

So is installing solar panels worth it? Whether you'd like to lower your energy bills, carbon emissions or both, solar panels are a solid investment for many Elkridge homeowners.

Solar Incentives in Elkridge

Since solar power is a cleaner source of energy than fossil fuels, there are various government incentives in place to encourage people to make the switch. Local solar incentives vary by location and, sometimes, utility company. A lot of states offer rebates for solar power systems, in addition to the federal solar tax credit. Check out our article on solar incentives to find out what incentives you can take advantage of.

Environmental Impact of Switching to Solar in Elkridge

One of the most compelling reasons to embrace solar power is to reduce your dependence on traditional energy sources like burning fossil fuels, which are hazardous for the environment. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Elkridge, though. One thing you should 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. Even though solar panel manufacturing emits carbon dioxide, the panels make up for it by considerably reducing the amount of CO2 you would have produced if you still used nonrenewable energy. In Elkridge, you can reduce your carbon footprint by 60 pounds a year with solar panels. The great things about solar power are abundant — just like solar power is! That's why so many people have been happy with committing to solar.