18 Best Solar Companies in Lodi, MI (Mar 2023 Review)

The Cost and Benefits of Solar in Lodi

The cost of installing a solar panel system has dropped significantly 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 determine how much it will cost and how much you can save, such as:

• Incentives: Those who install a solar system this year can save 30% of their overall solar costs by using the federal solar investment tax credit. You can also save about $16,000 on your energy bills over 20 years not including incentives.
• average energy usage: The more power your household uses on average and the higher your current power bills are, the more benefits you'll see from making the switch to solar.
• The make and model of solar panels you're planning on getting: Higher-efficiency panels are more costly, so that will determine your budget for your solar project.
• How much sunlight your roof gets: If your roof doesn't get a lot of direct sunlight, your solar panels won't be able to generate as much energy, which will leave you with lower savings on electric bills than someone with a roof that gets a lot of sunlight.

Though a solar panel system costs a sizable chunk of money upfront, it can save you thousands of dollars over the lifespan of your panels. The question of how much, though, depends on a number of factors, like the size of your solar panel system and incentives.

Solar Incentives in Lodi

One of the benefits of installing a solar panel system is earning incentives from the government. There are quite a few federal, state and local rebates and tax credits that earn some money in return after buying a qualifying system. Check out our article on solar incentives to find out what incentives you can take advantage of.

Environmental Impact of Switching to Solar in Lodi

One of the most compelling reasons to embrace solar energy is to minimize your dependence on nonrenewable energy sources like burning fossil fuels, which are harmful for the environment. You may be trying to figure out — how much do solar panels do for the planet anyway? In a city like Lodi where energy use is rather high, switching to solar energy is a fantastic plan for people who care about the planet. Because solar panels don't release carbon dioxide emissions into the atmosphere when creating electricity, they're a good alternative to nonrenewable energy sources. In fact, you could be looking at reducing your carbon dioxide emissions by about 100 pounds each year. If you want to do your part for the environment, you'll most likely recognize that there are many advantages to adopting solar power other than just saving money on electricity. You can also help preserve the environment, which some would argue is more valuable.