17 Best Solar Companies in Perry Hall, MD (2023 Reviews)

The Cost and Benefits of Solar in Perry Hall

Solar panels are powered by a free energy source — the sun — but before you can take advantage of this you will need to pay to set up your panels. Some key things that influence the upfront cost and potential savings over time include:

• The make and model of solar panels you're thinking of getting: More efficient models are more highly priced, so that will influence your budget for your solar project.
• How much sunlight your roof gets: If your rooftop gets limited direct sunlight, your solar panel system won't be able to produce as much energy, which will leave you with lower savings on power bills than a roof that gets a lot of sunlight.
• 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 a decent amount of money on your energy bills, which can lead to an average of $14,000 of savings over 20 years.
• How much energy your household consumes: Homes that need lots of energy each month may need more solar panels and, therefore, be more costly, but will also save more on their energy bills over time.

Because of the cost of solar panels being lower than before as well as various solar incentives, they are a cost-effective investment for many homeowners.

Solar Incentives in Perry Hall

Although installing solar panels is typically a large investment, it can save you a lot of money over time because of lower power bills and government incentives. When you install a solar panel system, you can take advatage of the federal tax credit, or ITC. This credit currently lets you reduce your tax bill by 30% of the cost of your solar panels. Plus, there may often be some state and city incentives that you can use to further cut back on the cost of solar of solar panels. Check out our article on solar incentives to find out what incentives you can benefit from.

Environmental Impact of Switching to Solar in Perry Hall

If you want to add solar panels to your home, one of the major reasons why may be to lower your carbon dioxide emissions. But how much can using solar energy instead of traditional energy actually help the environment? Everyone can help protect the environment by switching to solar energy, but homes that use lots of energy will have a bigger impact. Since solar panels don't release greenhouse gas emissions into the atmosphere when producing electricity, they're a good alternative to traditional energy sources. In fact, you could expect to reduce your carbon dioxide emissions by about 60 pounds each year. The benefits of solar power are abundant — just like solar power is! That's why so many Perry Hall residents have been happy with using solar energy.