13 Best Solar Companies in Taneytown, MD (Mar 2023 Review)

The Cost and Benefits of Solar in Taneytown

Solar panels run off a free energy source — the sun — but to take advantage of this you first need to pay to set up your system. The installation cost is just one important factor you should take into account when looking into installing solar panels. How much it'll cost and how much you can save depend on things such as:

• Your energy bills: This will impact how much you can save. In Taneytown, the average resident can save about $740 a year on their electricity bills.
• The amount of sunlight your rooftop gets: Thanks to Taneytown's high amount of average daily sunlight, you should be able to save a decent amount on your energy bills.
• Incentives: Those who purchase and install a solar energy system this year can save 30% of their overall solar costs by using the federal solar investment tax credit. You can also save about $12,000 on your energy bills over 20 years without incentives.
• Your income and budget: This affects what model of solar panels you can buy.

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

Solar Incentives in Taneytown

Although a solar power system is typically a $15,000 to $25,000 investment, it can save you a significant amount of money in the long term due to smaller utility bills and government incentives. Local solar incentives vary by location and, sometimes, utility company. A lot of states offer rebates for solar power systems, in addition to the federal solar tax credit. Take a look at our article on solar incentives to learn what incentives you can take advantage of.

Environmental Impact of Switching to Solar in Taneytown

Replacing nonrenewable energy with solar power is a compelling way to do your part for a more eco-friendly future. A question many might be wondering about is how much can they really help save the environment by switching to solar power anyway? One thing you should consider is your overall carbon footprint. For example, if you spend a lot of time on the road and have an electric vehicle, you can install solar panels on your home to power your EV and therefore help offset your carbon emissions. If you go solar, your carbon footprint can be reduced by about 60 pounds each year. For people who are worried about the environment, the upfront cost of solar is a small price to pay for offsetting your carbon emissions.