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

The Cost and Benefits of Solar in Langley Park

The cost of putting up solar panels has decreased immensely over the past several years, but it's still a substantial investment for most homeowners. The cost of solar and the savings it generates vary depending on some important factors such as:

• 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 money on your power bills, which can give you an average of $16,000 of savings over 20 years.
• How much energy costs for you: The average family in Langley Park shells out around $920 a year on power alone, so you could end up with that much in savings.
• The model of solar panels you want to get: More efficient models are more highly priced, so that will affect your budget for your solar project.
• The amount of sunlight your home gets: Due to Langley Park's high amount of average daily sunlight, you should be able to save a decent amount on your electricity bills.

There are several great benefits of solar even with the upfront cost of installation. It can help the environment and your finances. Plus, it can boost the value of your home, resulting in even more benefits if you want to sell your home later.

Solar Incentives in Langley Park

Although a solar power system is typically a $15,000 to $25,000 investment, it can save you a substantial amount of money over the lifespan of your solar panels because of lower power bills and government incentives. When you install a solar panel system on your home, you become eligible to 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 state and city incentives that you can benefit from to further save. Our article on solar incentives has more information on the incentives you can benefit from in Langley Park.

Environmental Impact of Switching to Solar in Langley Park

One of the best reasons to switch to solar energy is to cut your reliance on traditional energy sources like burning fossil fuels, which are damaging for the environment. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Langley Park, though. The average person has a sizable carbon footprint. Between their car, which releases over 10,000 pounds of carbon dioxide emissions every year, and electricity for their home, it can be overwhelming to think about what to do. Using solar power is a practical thing you can do to help. Even though making solar panels releases carbon dioxide emissions, the panels make up for it by considerably decreasing the amount of CO2 you would have produced if you still used traditional energy. In Langley Park, you can reduce your carbon footprint by 60 pounds a year with solar panels. As you can see, investing in solar has so many other rewards beyond saving money. One of the major ones is that you can help save the planet too.