16 Best Solar Companies in North Laurel, MD (Feb 2023 Review)

The Cost and Benefits of Solar in North Laurel

Solar panels run off a free energy source — the sun — but before you can take advantage of this you must first pay to install your panels. There are a few factors you should consider when trying to figure out the overall cost and how much you can save, such as:

• System size and type: Some models are more pricy than others, so the one you get can raise or lower your upfront cost. Plus, the more solar panels you need to get, the more it'll cost.
• How much electricity your home consumes: Households that use lots of energy each month may need more solar panels and, as a result, be more costly, but will also save more on their energy bills over time.
• Incentives: The federal solar investment tax credit, which everyone in the U.S. is eligible for, lets you deduct 30% of the cost of installing your solar panel system from your taxes. Additionally, not including incentives, you can save about $14,000 over 20 years on your energy bills.
• The amount of sunlight your city gets: Due to North Laurel's high amount of average daily sunlight, you should be able to save a decent amount on your electric bills.

So is a solar system worth it? Whether you want to lower your energy bills, carbon dioxide emissions or both, solar panels are a solid investment for many North Laurel homeowners.

Solar Incentives in North Laurel

Because solar power is a cleaner source of energy than burning fossil fuels, there are quite a few government incentives available to encourage its adoption. No matter what state you live in, you can take advantage of the federal Solar Investment Tax Credit (ITC), which allows you to claim 30% of how much your solar project cost when you file taxes, reducing the amount of taxes you owe that year. Plus, there may be some local incentives that stack with the ITC too. Our article on solar incentives has more information on the incentives you can find in North Laurel.

Environmental Impact of Switching to Solar in North Laurel

One of the reasons so many homeowners consider adopting solar energy is to help reduce their environmental impact. But you may be wondering — how much exactly can you help the environment by making the switch to solar? Your energy usage is a key factor to think about. The more energy your household consumes, the bigger your impact when you make the switch to solar power. After you go solar, your carbon footprint can be cut by about 60 pounds each year. Since energy from the sun is abundant and makes electricity without a carbon footprint, adding solar panels to your home is one easy step you can take to help protect the environment.