15 Best Solar Companies in Stevensville, MD (Mar 2023 Review)

The Cost and Benefits of Solar in Stevensville

For the majority of homeowners, the decision to invest in solar energy depends the most on the cost. The installation cost is just one important factor you should consider when looking into getting solar panels. How much it'll cost and how much you can save depend on things including:

• System size and type: Some models are more pricy than others, so the one you decide on can raise or lower your upfront cost. Plus, the more solar panels you need to buy, the more it'll cost.
• Electricity consumption: The average home in Stevensville uses a decent amount of, and so may save on their energy bills.
• How much energy costs for you: If your local electricity rates are high, there's a good chance you'll get a higher return on your investment in solar panels. In Stevensville, you can save an average of $77 a month on your electricity bills.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you receive a tax credit curretnly worth 30% of your overall installation cost, your local government may offer additional tax exemptions, credits or rebates that can help you save even more. Excluding incentives, you can save an average of $16,000 over 20 years with your system, too.

As a result of solar panels decreasing in cost as well as various solar incentives, they are a sound investment for the majority of homeowners.

Solar Incentives in Stevensville

Although installing solar panels is typically a large investment, it can save you a considerable amount of money over time because of lower power bills and government incentives. These incentives mostly consist of cash rebates, tax breaks and/or solar renewable energy credits. They can lower the cost you pay for installing solar panels by 30%, upwards of 50% in some cases. For comprehensive information about incentives for homeowners in Stevensville, see our our article on solar incentives.

Environmental Impact of Switching to Solar in Stevensville

Going solar can have a positive effect on the environment. You may be wondering — how much does going solar help the planet anyway? An important thing to keep in mind is your overall carbon footprint. For example, if your commute is very long, your footprint may be greater, so switching to solar power for your house can help offset that. Though solar panel manufacturing releases carbon dioxide emissions, the panels make up for it by greatly reducing the amount of CO2 you would have produced if you still used traditional energy. In Stevensville, you can reduce your carbon footprint by 60 pounds a year with solar panels. As you can see, trading traditional energy for solar has so many other perks beyond saving money. One of the main ones is that you can help save the Earth too.