17 Best Solar Companies in Overlea, MD (Mar 2023 Review)

The Cost and Benefits of Solar in Overlea

Even though solar panels can save you a good amount of money on electricity bills over time, it's important to take into consideration the startup costs. The overall price and potential savings vary depending on a few important factors such as:

• Your income and budget: This affects what model of solar panels you can afford.
• Electricity consumption: The average home in Overlea uses a decent amount of, and as a result may save on their energy bills.
• How much sunlight your roof gets: If your roof gets limited direct sunlight, your solar panels won't be able to produce as much energy, which will leave you with lower savings on power bills than a roof that gets lots of sunlight.
• Incentives: Those who install a solar system this year can save 30% of their overall solar costs by taking advantage of the federal solar investment tax credit. You can also save about $14,000 on your utility bills over 20 years not including incentives.

Thanks to solar panels decreasing in cost as well as local and federal solar incentives, they are a worthwhile investment for the majority of homeowners.

Solar Incentives in Overlea

Adopting solar power has many considerable benefits. Not only can it help preserve the planet, but you can also save some money on your installation with various government incentives. Local solar incentives vary by location and, sometimes, utility company. A lot of states offer rebates for solar power, in addition to the federal solar tax credit. Our article on solar incentives has more detailed information on the incentives you can find in Overlea.

Environmental Impact of Switching to Solar in Overlea

Lots of people want to do what they can to help protect the planet, which for many is the prime reason they're interested in installing a solar system. A question many homeowners might be wondering about is how much can they really help preserve the environment by switching to solar power anyway? Your energy usage is a key factor to think about. The more energy your household consumes, the larger your impact when you go solar. In fact, if you install solar panels, you could reduce your carbon dioxide emissions by about 60 pounds each year. If you want to do your part for the environment, you'll likely get that there are many advantages to adopting solar power other than just saving money on electricity. You can also help protect the environment, which some would argue is more valuable.