17 Best Solar Companies in Pontiac, MI (Sep 2022 Review)

The Cost and Benefits of Solar in Pontiac

For many people, the decision of which solar company to go with depends on total costs. A few main factors that affect the cost of installing solar panels on your home and how much it could save you over time are:

• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which gives you a tax credit currently worth 30% of your overall installation cost, your state or local government may offer additional tax exemptions, credits or rebates that can help you save even more. Aside from incentives, you can save an average of $15,000 over 20 years with your solar system, too.
• How much power your household needs: If your home uses a lot of energy, you'll see more savings from installing solar panels.
• Choice of solar panels: The kind of solar panels you want will affect your total cost. High-efficiency monocrystalline panels are more expensive upfront but can also lead to more savings over the lifetime of your system. If space isn't a constraint for your project, you can opt for a higher number of more affordable panels.
• The cost of energy for you: If your local power rates are quite high, there's a good chance you'll see a higher return on your investment in a solar system. In Pontiac, you can save an average of $84 a month on your electricity bills.

Thanks to the cost of solar panels being lower than before as well as local and federal solar incentives, they are a solid investment for most homeowners.

Solar Incentives in Pontiac

Switching to solar power has lots of wonderful benefits. Not only can it help preserve the Earth, but you can also save a decent amount of money on your installation with various 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 rebates and benefits. For comprehensive information about local incentives, see the table below.

Environmental Impact of Switching to Solar in Pontiac

Many want to do their part for the environment, which in many cases is the primary motivation to install a solar system. A question many people might be asking themselves is how much can they really help protect the environment by switching to solar power anyway? If your household consumes a lot of energy, you can help the environment even more by switching to solar power. In fact, if you install solar panels, you could expect to reduce your carbon dioxide emissions by about 100 pounds each year. Since solar power is renewable and generates electricity without free from carbon dioxide emissions, installing solar panels is one easy step you can take to help the planet.