14 Best Solar Companies in Forest, MI (Mar 2023 Review)

The Cost and Benefits of Solar in Forest

When choosing a solar company, most homeowners or business owners care about the costs the most. The installation cost is just one important factor you should keep in mind when looking into getting solar panels. How much it'll cost and how much you can save depend on things such as:

• Energy consumption: Installing solar panels may be too steep of an option for households that don't use a good amount of energy per month.
• System size and type: Some models are more pricy than others, so the one you choose can raise or lower your initial investment. Plus, the more solar panels you need to get, the more it'll cost.
• Your power bills: This will dictate your savings. In Forest, the average resident can save about $1,200 a year on their electricity bills.
• Incentives: The federal solar investment tax credit currently allows you to decrease your taxes by 30% of the project cost. Your state and city may also have incentives and rebates that you can use. In addition, you can save about $18,000 over 20 years on your utility bills, before factoring in incentives.

Although a solar panel system costs a sizable chunk of money upfront, it can save you much more in the long term. The question of how much, though, depends on several factors, such as the angle of your roof and incentives.

Solar Incentives in Forest

Although solar power is typically a $15,000 to $25,000 investment, it can save you a significant amount of money over time due to smaller energy bills and government incentives. You can qualify for the federal solar investment tax credit (ITC) for the tax year you turn on your solar panels. You can also potentially stack the ITC with other state and city incentives. Our article on solar incentives goes over more detailed information on the incentives you can benefit from in Forest.

Environmental Impact of Switching to Solar in Forest

There are many reasons to make the switch to solar energy, like saving some money on utility bills and helping to lower your carbon footprint. But how much can using solar energy instead of traditional energy actually affect the environment? In Forest, where the energy generation produces a lot of greenhouse gasses, going solar can have a big impact on the environment since solar power is a renewable source of energy. Even though solar panel manufacturing releases carbon dioxide emissions, the panels make up for it by significantly decreasing the amount of CO2 you would have been responsible for if you still used nonrenewable energy. In Forest, you can reduce your carbon footprint by 90 pounds a year with solar panels. Since solar power is plentiful and makes electricity without CO2 emissions, adding solar panels to your home is one easy step you can take to help preserve the environment.