12 Best Solar Companies in Fort Washington, MD (Mar 2023 Review)

The Cost and Benefits of Solar in Fort Washington

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

• Incentives: Something that can reduce the cost of your solar project is the solar investment tax credit (ITC), which is a tax credit that lets you deduct from your taxes a percentage of the project cost. You can also save a decent amount of money on your energy bills, which can give you an average of $16,000 of savings over 20 years.
• Your power bills: This will determine how much you can save. In Fort Washington, the average resident can save about $920 a year on their electricity bills.
• The kind of solar panels you can afford: This depends on how much you're willing to invest upfront.
• Typical energy usage: The more power your home uses on average and the greater your current power bills are, the more likely you'll benefit from switching to solar.

There are lots of wonderful benefits of solar in spite of the initial cost of installation. It can help the planet and your bank account. In addition, it can increase the value of your home, resulting in even more benefits if you want to sell your home later.

Solar Incentives in Fort Washington

Although a solar power system is typically a big investment, it can save you a considerable amount of money in the long term due to reduced power bills and government incentives. When you install a solar panel system on your home, you can claim the federal tax credit, or ITC. This credit currently lets you reduce your tax bill by 30% of the cost of your solar panels. Additionally, there may often be some state and city incentives that you can use to further cut back on the cost of solar of solar panels. You can learn about the incentives you can take advantage of in our article on solar incentives

Environmental Impact of Switching to Solar in Fort Washington

Going solar can have a positive effect on the environment. Something many people might be asking themselves is how much can they really help save the environment by switching to solar power anyway? One thing that can drastically influence your carbon footprint is your commute time and how much you drive in general. If you go solar and have an electric car, you can vastly decrease your carbon dioxide emissions by charging your car at home. In fact, if you make the switch to solar power, you could lower your carbon dioxide emissions by about 60 pounds each year. If you care about the environment, you'll most likely get that there are many good things about adopting solar energy other than just saving money on bills. You can also help preserve the environment, which some would argue is priceless.