13 Best Solar Companies in Bonne Terre, MO (Mar 2023 Review)

The Cost and Benefits of Solar in Bonne Terre

We know that for most homeowners, the decision to invest in solar highly depends on installation costs. The installation cost is just one important factor you should consider when looking into getting solar panels. How much it'll cost and how much you can save depend on things such as:

• The amount of sunlight your area gets: Because of Bonne Terre's high amount of average daily sunlight, you should be able to save a decent amount on your electric bills.
• Choice of solar panels: The type of solar panels you are interested in getting 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.
• Your energy bills: This will determine your savings. In Bonne Terre, the average resident can save about $1,400 a year on their electricity bills.
• Incentives: The federal solar investment tax credit, which can save you some money, lets you deduct 30% of the cost of your solar system installation from your federal taxes. Additionally, not including incentives, you can save about $18,000 over 20 years on your energy bills.

So are solar panels worth it? Whether you hope to decrease your energy bills, carbon dioxide emissions or both, solar panels are a worthwhile investment for many Bonne Terre homeowners.

Solar Incentives in Bonne Terre

Although a solar power system is typically a large investment, it can save you much money over time because of lower energy bills and government incentives. When you install solar panels, you become eligible to claim the federal tax credit, or ITC. This credit currently reduces your tax bill by 30% of the cost of your solar panels. In addition, there are often some regional incentives that you can use to further save. Our article on solar incentives goes over more in-depth information on the incentives you can take advantage of in Bonne Terre.

Environmental Impact of Switching to Solar in Bonne Terre

Installing solar panels is a powerful way to do what you can for a more eco-friendly future. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Bonne Terre, though. In a city like Bonne Terre where energy use is rather high, installing solar panels is a fantastic idea for homeowners who want to do their part for the environment. In Bonne Terre, the average person can lower their carbon footprint by 100 pounds a year after going solar. For those who want to help the environment, the upfront cost of solar is a small price to pay for offsetting your carbon emissions.