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

The Cost and Benefits of Solar in Woodhaven

For the majority of homeowners, whether or not to invest in a solar energy system depends the most on the cost. There are several factors you should take into consideration when trying to determine the overall cost and how much you can save, including:

• Your current energy bills: Solar panels can greatly reduce, or entirely get rid of, your utility bills. In Woodhaven, you can save an average of $84 a month.
• The model of solar panel system you can purchase: This hinges on your income and budget.
• The amount of sunlight your roof gets: If your rooftop doesn't get a lot of direct sunlight, your solar panel system won't be able to produce as much energy, which will give you lower savings on electricity bills than someone with a roof that gets plenty of sunlight.
• Incentives: The federal solar investment tax credit currently allows you to lower your taxes by 30% of the project cost. Your state and city may also have incentives and rebates that you can use. Plus, you can save about $16,000 over 20 years on your utility bills, without incentives.

So is a solar panel system worth it? Whether you hope to reduce your electric bills, carbon dioxide emissions or both, solar panels are a worthwhile investment for many Woodhaven homeowners.

Solar Incentives in Woodhaven

If you're thinking about making the switch to solar power, several government incentives and state programs can greatly lower the cost of the project and speed up the return on your investment. These incentives normally consist of cash rebates, tax credits and/or solar renewable energy credits. They can lower how much you end up spending on installing solar panels by 30%, upwards of 50% depending on where you live. You can find out about the incentives you can use in our article on solar incentives

Environmental Impact of Switching to Solar in Woodhaven

If you're considering adding solar panels to your home, one of the primary reasons why may be to reduce your greenhouse gas emissions. But you may be curious — how much exactly can you help the environment by going solar? Your energy usage is an important factor to keep in mind. The more electricity your home uses, the larger your impact when you go solar. In Woodhaven, the average person can lower their carbon footprint by 100 pounds a year once they go solar. For those who want to help the environment, the upfront cost of solar is a small price to pay for reducing your carbon footprint.