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

The Cost and Benefits of Solar in Friendly

Even though solar panels can save you a good amount of money on energy bills over time, it's necessary to take into consideration the startup costs. Some key things that affect how much it will cost and how much you could save include:

• Your location: This influences the average daily sunlight your roof gets, which helps determine how many panels you need.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you deduct 30% of your overall installation cost, your local government may offer additional tax exemptions, credits or rebates that can help you save even more. Not including incentives, you can save an average of $16,000 over 20 years with your solar panels, too.
• Typical energy usage: The more power your household uses on average and the steeper your current power bills are, the more benefits you'll see from going solar.
• The kind of solar panel system you can buy: This is dependent on how much you're willing to spend upfront.

Thanks to the cost of solar panels being lower than before as well as local and federal solar incentives, they are a worthwhile investment for the majority of homeowners.

Solar Incentives in Friendly

Since solar power is more sustainable than traditional energy sources, there are various government incentives in place to encourage people to make the switch. On top of the federal solar investment tax credit, there are also some state- and city-level benefits, which in almost all cases, stack with the federal incentive, so you can save even more. Our article on solar incentives has more detailed information on the incentives you can take advantage of in Friendly.

Environmental Impact of Switching to Solar in Friendly

There are a few main reasons why homeowners are interested in solar energy: to put more money in their bank account and to help the planet. Something many might be asking themselves is how much can they really help save the environment by going solar anyway? In Friendly, where the energy generation could be cleaner, going solar can have a huge impact on the environment since solar power is an abundant source of clean energy. In Friendly, the average homeowner can reduce their carbon footprint by 60 pounds a year after going solar. If you care about the environment, you'll no doubt get that there are many benefits of adopting solar power other than just saving money on electricity. You can also help preserve the environment, which some would argue is worth more.