13 Best Solar Companies in Monitor, MI (Mar 2023 Review)

The Cost and Benefits of Solar in Monitor

We get that for many homeowners, the choice to invest in solar hinges on installation costs. The installation cost is just one important factor you should take into account when looking into getting solar panels. How much it'll cost and how much you can save depend on things including:

• How much you spend on energy: The typical household in Monitor spends around $1,400 a year on power alone, so you could be looking at that much in savings.
• Incentives: One thing that can save you money on your solar project is the solar investment tax credit (ITC), which is a tax credit that's equal to a percentage of the project cost. You can also save on your energy bills, which can result in an average of $21,000 of savings over 20 years.
• System size and type: Some models are more costly than others, so the one you choose can raise or lower your upfront cost. Plus, the more solar panels you need to get, the more it'll cost.
• Your energy consumption: If your home needs to use a lot of energy, you'll reap more rewards from switching to solar.

Thanks to the cost of solar panels being lower than before as well as various solar incentives, they are a solid investment for many homeowners.

Solar Incentives in Monitor

Since solar power is a cleaner source of energy than traditional energy sources, there are some government incentives in place to encourage people to make the switch. Regardless of where you live, you can take advantage of the federal Solar Investment Tax Credit (ITC), which lets you claim 30% of how much your solar project cost when you file taxes, reducing the amount of taxes you owe that year. Plus, there may be some local incentives you can benefit from too. In our article on solar incentives, you can read about the incentives you qualify for near you.

Environmental Impact of Switching to Solar in Monitor

There are tons of reasons to switch to solar energy, like saving some money on utility bills and helping to reduce your carbon footprint. Something many people might be thinking about is how much can they really help protect the environment by switching to solar power anyway? In a city like Monitor where energy use is rather high, going solar is a great idea for homeowners who want to do their part for the environment. Once you go solar, your carbon footprint can be lowered by about 100 pounds every year. The advantages of solar power are plentiful — just like solar power is! That's why so many Monitor residents have been happy with using solar energy.