17 Best Solar Companies in Pikesville, MD (Feb 2023 Review)

The Cost and Benefits of Solar in Pikesville

Solar panels run off a free energy source — the sun — but before you can take advantage of this you will first need to pay to install your panels. There are quite a few factors you should take into consideration when trying to determine costs and your potential savings, such as:

• Average daily sunlight: Since Pikesville gets a decent amount of average daily sunlight, your solar panels can generally generate enough energy to power your whole home, which affects how much your solar panels can save you on your electricity bills.
• Incentives: One thing that can reduce the cost of your solar project is the solar investment tax credit (ITC), which is a tax credit that lets you deduct from your taxes a percentage of the project cost. You can also save money on your energy bills, which can generate an average of $14,000 of savings over 20 years.
• Electricity consumption: The average home in Pikesville uses a decent amount of, and therefore may save on their energy bills.
• The make and model of solar panels you're thinking of getting: More efficient panels are more costly, so that will affect your budget for your solar project.

As a result of the cost of solar panels being lower than before as well as local and federal solar incentives, they are a solid investment for the majority of homeowners.

Solar Incentives in Pikesville

Because solar power is better for the environment than traditional energy sources, there are various government incentives in place to encourage people to make the switch. Local solar incentives vary by location and, sometimes, utility company. A lot of states offer rebates for solar panels, in addition to the federal solar tax credit. In our article on solar incentives, you can read about the incentives you qualify for in your area.

Environmental Impact of Switching to Solar in Pikesville

There are many reasons to trade traditional energy for solar energy, like saving money on electricity bills and helping to reduce your carbon footprint. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Pikesville, though. Something that can drastically affect your carbon footprint is your commute time and how much you drive overall. If you go solar and have an electric car, you can greatly reduce your carbon dioxide emissions by charging your car at home. In fact, if you adopt solar power, you could look forward to lowering 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 planet too.