14 Best Solar Companies in South Laurel, MD (Jan 2023 Review)

The Cost and Benefits of Solar in South Laurel

We get that for many homeowners, the choice to invest in solar hinges on installation costs. Some important things that affect how much it will cost and how much you could save include:

• How much you spend on energy: The average household in South Laurel shells out around $860 a year on electricity alone, so you could gain that much in savings.
• Your energy consumption: If your home needs to use a lot of energy, you'll see more savings from switching to solar.
• Incentives: Tax-paying citizens who buy and install a solar energy system this year can save 30% of their installation costs by taking advantage of the federal solar investment tax credit. You can also save about $15,000 on your energy bills over 20 years not including incentives.
• Your income and budget: This determines what type of solar panels you can buy.

Even though a solar panel system costs a decent chunk of money upfront, it can save you a considerable amount in the long term. The question of how much, though, depends on a number of factors, like the amount of daily direct sunlight available and your local electricity rates.

Solar Incentives in South Laurel

Switching to solar power has many considerable benefits. Not only can it help preserve the environment, but you can also save some money on your installation with various government incentives. These incentives mostly include cash rebates, tax benefits and/or performance-based incentives. They can lower the cost you pay for installing solar panels by 30%, upwards of 50% depending on where you live. For comprehensive information about incentives for homeowners in South Laurel, check out our our article on solar incentives.

Environmental Impact of Switching to Solar in South Laurel

Replacing nonrenewable energy with solar power is a profound way to do your part for a more sustainable future. But — how much exactly can you help the planet by making the switch to solar? If your family uses a lot of energy, you can impact the environment even more by switching to solar energy. While making solar panels emits carbon dioxide, the panels make up for it by greatly reducing the amount of CO2 you would have released if you still used nonrenewable energy. In South Laurel, you can reduce your carbon footprint by 60 pounds a year with solar panels. The advantages of solar power are infinite — just like solar power is! That's why so many homeowners have been happy with using solar energy.