15 Best Solar Companies in Lapeer, MI (Mar 2023 Review)

The Cost and Benefits of Solar in Lapeer

Even though solar panels can help save you money on energy over time, it's necessary to know the startup costs. Some significant things that influence how much it will cost and how much you could save include:

• Your income and budget: This affects what kind of solar panels you can afford.
• How much you spend on energy: If your local electricity rates are quite high, there's a good chance you'll have a higher return on your investment in a solar system. In Lapeer, you can save an average of $84 a month on your electricity bills.
• Incentives: Tax-paying citizens who install a solar energy system this year can save 30% of their total solar spend by taking advantage of the federal solar investment tax credit. You can also save about $15,000 on your electricity bills over 20 years without incentives.
• Energy consumption: Solar may be too steep of an investment for homes that don't consume a good amount of energy a month.

There are many good benefits of solar even with the initial cost of installation. It can help the environment and your wallet. Additionally, it can boost the value of your home, giving you even more benefits if you choose to sell your home later.

Solar Incentives in Lapeer

There are lots of reasons why you should switch to solar. One of them includes some government incentives you can take advantage of. There are a lot of federal, state and local rebates and tax credits that let you earn anywhere from 30% to 50% of your money in return after installing a solar panel system. Our article on solar incentives goes over more in-depth information on the incentives you can take advantage of in Lapeer.

Environmental Impact of Switching to Solar in Lapeer

A lot of people want to do what they can to help the planet, which often is the chief reason they're interested in installing a solar system. Something many might be asking themselves is how much can they really help the environment by going solar anyway? The amount of energy you use is an important factor to consider. The more electricity your household consumes, the bigger your impact when you make the switch to solar power. Although solar panel manufacturing emits carbon dioxide, the panels make up for it by greatly lowering the amount of CO2 you would have released if you still used nonrenewable energy. In Lapeer, you can reduce your carbon footprint by 100 pounds a year with solar panels. If you want to do your part for the environment, you'll most likely recognize that there are many benefits of adopting solar power other than just saving money on electricity. You can also help protect the environment, which some would argue is priceless.