17 Best Solar Companies in Pikesville, MD (Oct 2022 Review)

The Cost and Benefits of Solar in Pikesville

Even though solar panels can help save you a decent chunk of change on energy bills over time, it's important to take into consideration the startup costs. A few important factors that dictate how much it will cost to install a solar panel system on your home and how much it could save you over time include:

• Your income and budget: This determines what model of solar panels you can purchase.
• Energy consumption: Installing a solar system may be an expensive option for households that don't use a good amount of energy per month.
• The amount of sunlight your home gets: Due to Pikesville's high amount of average daily sunlight, you should be able to save a decent amount on your electricity bills.
• The cost of electricity in your area: If your local power rates are high, there's a good chance you'll have a higher return on your investment in a solar panel system. In Pikesville, you can save an average of $70 a month on your electricity bills.

Although a solar panel system costs a decent chunk of money upfront, it can save you much more over time. The question of how much, though, depends on a number of factors, including the angle of your roof and your current power bills.

Solar Incentives in Pikesville

Switching to solar power has lots of wonderful benefits. Not only can it help protect the Earth, but you can also save a good amount of money on your installation with various government incentives. No matter what state you live in, you can take advantage of the federal Solar Investment Tax Credit (ITC), which lets you claim 30% of your project costs on your tax return, lowering the amount of taxes you owe that year. Additionally, there may be some state and city incentives you can benefit from too. In the table below, you can read about the incentives you qualify for near you.

Environmental Impact of Switching to Solar in Pikesville

Going solar can have a positive impact on the environment. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Pikesville, though. One thing you should keep in mind is your overall carbon footprint. For example, if you spend lots of time commuting to work and have an electric vehicle, you can use solar energy for your home to power your EV and therefore help offset your carbon emissions. Because solar panels don't release carbon dioxide emissions into the atmosphere when producing electricity, they're a good alternative to nonrenewable energy sources. In fact, you could lower your carbon dioxide emissions by about 60 pounds each year. As you can see, trading traditional energy for solar has so many other benefits apart from saving money. One of the most important ones is that you can help save the environment too.