15 Best Solar Companies in South Monroe, MI (Feb 2023 Review)

The Cost and Benefits of Solar in South Monroe

For many readers, the decision of which solar installer to go with comes down to pricing. There are a few factors you should consider when trying to determine costs and your potential savings, such as:

• Average daily sunlight: Since South Monroe gets a decent amount of average daily sunlight, your solar panels can generally produce enough energy to power your whole home, which influences how much your solar panels can save you on your electricity bills.
• Choice of solar panels: The type of solar panels you are interested in getting will affect your total cost. High-efficiency monocrystalline panels are more expensive upfront but can also save you more money 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.
• Incentives: Something that can save you money on your solar project is the solar investment tax credit (ITC), which is a tax credit that lets you deduct from your taxes a percentage of the project cost. You can also save a decent amount of money on your energy bills, which can generate an average of $18,000 of savings over 20 years.
• Your energy bills: This will impact your savings. In South Monroe, the average homeowner can save about $1,100 a year on their electricity bills.

There are many great benefits of solar even with the initial cost of installation. It can help the environment and your bank account. In addition, it can boost the value of your home, resulting in even more benefits if you choose to sell your home later.

Solar Incentives in South Monroe

Since solar power is a cleaner source of energy than burning fossil fuels, there are various government incentives available to encourage people to make the switch. You are eligible for the federal solar investment tax credit (ITC) for the tax year you turn on your solar panels. You can also possibly stack the ITC with other state and city incentives. Check out our article on solar incentives to learn what incentives you can take advantage of.

Environmental Impact of Switching to Solar in South Monroe

Swapping traditional energy for solar is a powerful way to do your part for a more eco-friendly future. You may be wondering — how much does going solar do for the planet anyway? Everyone can help the environment by switching to solar energy, but homes that consume a lot of energy will have an even greater impact. Because solar panels don't release carbon dioxide emissions into the atmosphere when creating electricity, they're a good alternative to traditional energy sources. In fact, you could expect to reduce your carbon dioxide emissions by about 100 pounds each year. If you want to do your part for the environment, you'll no doubt recognize that there are many advantages to adopting solar energy other than just saving money on bills. You can also help preserve the environment, which some would argue is invaluable.