15 Best Solar Companies in River Rouge, MI (Jan 2023 Review)

The Cost and Benefits of Solar in River Rouge

The cost of installing a solar panel system has gone down immensely over the past few years, but it's still a large investment for most homeowners. The installation cost is just one important factor you should keep in mind when looking into installing solar panels. How much it'll cost and how much you can save depend on things such as:

• Incentives: The federal solar investment tax credit, which everyone in the U.S. is eligible for, allows you to deduct 30% of the cost of installing your solar panel system from your federal taxes. Additionally, not including incentives, you can save about $16,000 over 20 years on your energy bills.
• Choice of solar panels: The type of solar panels you choose will affect your total cost. High-efficiency monocrystalline panels will cost more 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 go with a higher number of more affordable panels.
• Average daily sunlight: Since River Rouge doesn't get a lot of average daily sunlight, your solar system may not be able to produce enough energy to power your whole home, which affects how much your electricity bills will be.
• Electricity consumption: The average home in River Rouge uses a decent amount of, and consequently may save on their energy bills.

So is a solar system worth it? Whether you'd like to reduce your electricity costs, carbon dioxide emissions or both, solar panels are a good investment for many River Rouge homeowners.

Solar Incentives in River Rouge

Because solar power is more sustainable than burning fossil fuels, there are quite a few government incentives available to encourage its adoption. When you install solar panels, you can claim the federal tax credit, or ITC. This credit currently lets you reduce your tax bill by 30% of the cost of your solar panels. Plus, there may often be some local incentives that you can benefit from to further save. For comprehensive information about local incentives, check out our our article on solar incentives.

Environmental Impact of Switching to Solar in River Rouge

One reason so many people are thinking of installing solar panels is to help bring down their environmental impact. But how much can using solar energy instead of traditional energy actually affect the environment? In a city like River Rouge where energy use is rather high, switching to solar energy is a great idea for those who are eco-conscious. Even though solar panel production emits carbon dioxide, the panels make up for it by greatly reducing the amount of CO2 you would have produced if you still used traditional energy. In River Rouge, you can reduce your carbon footprint by 100 pounds a year with solar panels. For homeowners who are concerned about the environment, the upfront cost of solar is a small price to pay for offsetting your carbon emissions.