18 Best Solar Companies in Thurmont, MD (Mar 2023 Review)

The Cost and Benefits of Solar in Thurmont

The cost of putting up a solar panel system has decreased immensely over the past several years, but it's still a significant investment for most homeowners. There are quite a few factors you should consider when trying to figure out the overall cost and how much you can save, including:

• 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. Not including incentives, you can save an average of $11,000 over the first 20 years with your solar system, too.
• Choice of solar panels: The kind of solar panels you need will affect your total cost. High-efficiency monocrystalline panels will cost more upfront but can also save you more money over the lifetime of your system. If you don't need to maximize efficiency, you can go with a higher number of more affordable panels.
• The amount of sunlight your roof gets: If your rooftop gets limited direct sunlight, your solar system won't be able to make as much energy, which will leave you with lower savings on energy bills than someone with a roof that gets a lot of sunlight.
• Your power bills: This will impact how much money you might save. In Thurmont, the average resident can save about $650 a year on their electricity bills.

So is buying solar panels worth it? Whether you hope to lower your electricity costs, carbon emissions or both, solar panels are a solid investment for many Thurmont homeowners.

Solar Incentives in Thurmont

There are several reasons why going solar is a great investment. One of them includes some government incentives that can help save you some money. There are a lot of federal, state and local rebates and tax credits that earn a decent amount of money in return after installing a solar panel system. You can learn about the incentives you can use in our article on solar incentives

Environmental Impact of Switching to Solar in Thurmont

Lots of people want to do what they can to help save the planet, which for many is the chief reason they're interested in installing solar panels. Something many might have in mind is how much can they really help save the environment by switching to solar power anyway? 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 install solar panels on 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 generating electricity, they're a good trade for nonrenewable energy sources. In fact, you could look forward to lowering your carbon dioxide emissions by about 90 pounds each year. The advantages of solar power are plentiful — just like solar power is! That's why so many people have been happy with making the switch to solar.