12 Best Solar Companies in Woodlawn, MD (Oct 2022 Review)

The Cost and Benefits of Solar in Woodlawn

Solar panels are powered by a free energy source — the sun — but before you can take advantage of this you first need to pay to set up your panels. There are several factors you should consider when trying to determine costs and your potential savings, such as:

• Incentives: The federal solar investment tax credit currently lets you lower your taxes by 30% of the project cost. Your state and city may also have various incentives that you can use. Plus, you can save about $14,000 over 20 years on your utility bills, not including incentives.
• Typical energy usage: The more energy your home uses on average and the steeper your current energy bills are, the more benefits you'll see from switching to solar.
• System size and type: Some models are more costly than others, so the one you get can raise or lower your upfront cost. Plus, the more solar panels you need, the more it'll cost.
• Average daily sunlight: Since Woodlawn 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 you can save on your energy bills.

There are several good benefits of solar even with the upfront cost of installation. It can help the environment and your wallet. Additionally, it can increase the value of your home, leading to even more benefits if you choose to sell your home later.

Solar Incentives in Woodlawn

Because solar power is a cleaner source of energy than burning fossil fuels, there are a number of government incentives available to encourage people to make the switch. When you install a solar panel system on your home, you can claim the federal tax credit, or ITC. This credit currently lets you lower your tax bill by 30% of the cost of your solar panels. Plus, there are often some local incentives that you can use to further save. 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 Woodlawn

Swapping traditional energy for solar is a good way to do what you can for a more sustainable future. Something many homeowners might be thinking about is how much can they really help the environment by switching to solar power anyway? How much energy you use is a significant factor to consider. The more energy you use, the bigger your impact when you make the switch to solar power. Although making solar panels emits carbon dioxide, the panels make up for it by greatly lowering the amount of CO2 you would have been responsible for if you still used nonrenewable energy. In Woodlawn, you can reduce your carbon footprint by 60 pounds a year with solar panels. If you want to do what you can for the environment, you'll most likely recognize that there are many benefits of adopting solar energy other than just saving money on bills. You can also help protect the environment, which some would argue is invaluable.