17 Best Solar Companies in Forestville, MD (Jan 2023 Review)

The Cost and Benefits of Solar in Forestville

When picking a solar company, most homeowners or business owners think about the costs above all. The overall price and potential savings vary depending on some important factors such as:

• Average daily sunlight: Since Forestville gets a decent amount of average daily sunlight, your solar panels can generally produce enough energy to power your whole home, which impacts how much your electricity bills will be.
• Your energy bills: This will affect how much you can save. In Forestville, the average homeowner can save about $920 a year on their electricity bills.
• The kind of solar panels you can buy: This is dependent on your income and budget.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which gives you a tax credit currently worth 30% of your total installation cost, your local government may offer additional tax exemptions, credits or rebates that will help you save even more. Not including incentives, you can save an average of $16,000 over 20 years with your system, too.

Though a solar panel system costs a good chunk of money upfront, it can save you much more over time. The question of how much, though, depends on several factors, including the size of your solar panel system and your current power bills.

Solar Incentives in Forestville

If you're considering switching to solar power, a variety of government incentives and subsidies can drastically bring down the cost of the project and speed up the return on your investment. When you install solar panels, you can claim the federal tax credit, or ITC. This credit currently reduces your tax bill by 30% of the cost of your solar panels. In addition, there may often be some regional incentives that you can benefit from to further save. For more information about incentives for homeowners in Forestville, check out our our article on solar incentives.

Environmental Impact of Switching to Solar in Forestville

A lot of people want to do what they can to help the environment, which often is the prime reason for installing a solar system. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Forestville, though. One thing you should consider is your overall carbon footprint. For example, if you spend a lot of time in the car and have an electric vehicle, you can install solar panels on your home to power your EV and therefore help offset your carbon emissions. Since solar panels don't release greenhouse gas emissions into the atmosphere when creating electricity, they're a good alternative to nonrenewable energy sources. In fact, you could be looking at reducing your carbon dioxide emissions by about 60 pounds each year. The good things about solar power are infinite — just like solar power is! That's why so many homeowners have been happy with making the switch to solar.