18 Best Solar Companies in Mayo, MD (Mar 2023 Review)

The Cost and Benefits of Solar in Mayo

We understand that for many homeowners, the choice to invest in solar comes down to installation costs. Some important things that determine how much it will cost and how much you could save include:

• Your current power bills: Solar panels can significantly reduce, or totally eliminate, your utility bills. In Mayo, you can save an average of $70 a month.
• How much sunlight your roof gets: If your rooftop doesn't get a lot of direct sunlight, your solar system won't be able to generate as much energy, which will give you lower savings on energy bills than someone with a roof that gets plenty of sunlight.
• The type of solar panel system you can afford: This hinges on your income and budget.
• Incentives: Tax-paying citizens who buy and install a solar system this year can save 30% of their total solar spend by taking advantage of the federal solar investment tax credit. You can also save about $15,000 on your utility bills over 20 years excluding incentives.

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

Solar Incentives in Mayo

If you're planning on switching to solar power, various government incentives and subsidies can dramatically lower your project costs and speed up the return on your investment. There are several federal, state and local rebates and tax credits that let you earn a decent amount of money back after paying for a solar panel system. You can learn about the incentives you can use in our article on solar incentives

Environmental Impact of Switching to Solar in Mayo

There are tons of reasons to make the switch to solar energy, like saving money on electricity bills and helping to lower your carbon footprint. You may be asking yourself — how much does going solar do for the environment anyway? In a place like Mayo where commute times can be very long, going solar can help help reduce the carbon footprint of being on the road a lot. Since solar panels don't release greenhouse gas emissions into the atmosphere when generating electricity, they're a good trade for nonrenewable energy sources. In fact, you could lower your carbon dioxide emissions by about 60 pounds each year. The great things about solar power are infinite — just like solar power is! That's why so many Mayo residents have been happy with making the switch to solar.