16 Best Solar Companies in South Lyon, MI (Jan 2023 Review)

The Cost and Benefits of Solar in South Lyon

For many people, the decision of which solar installer to go with depends on prices. Some important factors that affect the cost of installing a solar panel system on your home and how much it could save you over time are:

• The kind of solar panel system you have the money for: This hinges on how much you're willing to spend upfront.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you receive a tax credit curretnly worth 30% of your total installation cost, your state or local government may offer additional tax exemptions, credits or rebates that will help you save even more. Not including incentives, you can save an average of $15,000 over the first 20 years with your system, too.
• Your current electricity bills: Solar panels can greatly reduce, or entirely get rid of, your utility bills. In South Lyon, you can save an average of $84 a month.
• How much sunlight your roof gets: If your rooftop doesn't get a lot of direct sunlight, your solar system won't be able to generate as much energy, which will leave you with lower savings on power bills than a roof that gets a lot of sunlight.

Although 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 your current power bills.

Solar Incentives in South Lyon

Adopting solar power has lots of wonderful benefits. Not only can it help protect the planet, but you can also save some money on your installation with various government incentives. Everyone can take advantage of the federal Solar Investment Tax Credit (ITC), which will allow you to claim 30% of your project costs on your tax return, lowering the amount of taxes you owe that year. Plus, there may be some local incentives you can benefit from too. You can learn about the incentives you can use in our article on solar incentives

Environmental Impact of Switching to Solar in South Lyon

There are a few important reasons why homeowners want to invest in solar energy: to put more money in their bank account and to help the planet. Something many people might be wondering about is how much can they really help the environment by switching to solar power anyway? The amount of energy you use is a key factor to think about. The more electricity your household consumes, the greater your impact when you make the switch to solar power. In South Lyon, the average homeowner can lower their carbon footprint by 100 pounds a year once they go solar. If you want to do your part for the environment, you'll most likely get that there are many good things about adopting solar energy other than just saving money on electricity. You can also help preserve the environment, which some would argue is priceless.