17 Best Solar Companies in Lochearn, MD (2023 Reviews)

The Cost and Benefits of Solar in Lochearn

Solar panels run off a free energy source — the sun — but before you can take advantage of this you will first need to pay to install your panels. There are several factors you should consider when trying to determine how much it will cost and how much you can save, including:

• Incentives: Those who install a solar energy system this year can save 30% of their overall solar costs by using the federal solar investment tax credit. You can also save about $14,000 on your energy bills over 20 years not including incentives.
• Your income and budget: This guides what kind of solar panels you can purchase.
• The amount of sunlight your area gets: Due to Lochearn's high amount of average daily sunlight, you should be able to save a decent amount on your energy bills.
• Electricity consumption: The average home in Lochearn uses a decent amount of, and consequently may save on their energy bills.

So are solar panels worth it? Whether you'd like to lower your electricity costs, carbon dioxide emissions or both, solar panels are a great investment for many Lochearn homeowners.

Solar Incentives in Lochearn

Because solar power is better for the environment than burning fossil fuels, there are some government incentives available 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 panels, in addition to the federal solar tax credit. Check out our article on solar incentives to learn what incentives you can benefit from.

Environmental Impact of Switching to Solar in Lochearn

Lots of people want to do their part to help save the environment, which often is the primary reason for installing solar panels. But you may be curious — how much exactly can you help the planet by going solar? The average person has a rather large carbon footprint. Between their car, which produces over 10,000 pounds of carbon dioxide emissions a year, and electricity for their home, it can be overwhelming to figure out what to do. Installing solar panels is one of the easiest things you can do to help. In fact, if you make the switch to solar power, you could lower your carbon dioxide emissions by about 60 pounds each year. For those who care about the environment, the upfront cost of solar is a small price to pay for offsetting your carbon emissions.