15 Best Solar Companies in Breckenridge Hills, MO (Sep 2022 Review)

The Cost and Benefits of Solar in Breckenridge Hills

The cost of installing solar panels has dropped immensely in the past few years, but it's still a substantial investment for most homeowners. The cost and possible savings vary depending on a few important factors such as:

• Incentives: The federal solar investment tax credit currently lets you lower your taxes by 30% of the project cost. Your state and city may also have incentives and rebates that you can take advantage of. Additionally, you can save about $17,000 over 20 years on your utility bills, not including incentives.
• The kind of solar panels you're planning on getting: More efficient panels are more highly priced, so that will shape your budget for your solar project.
• Your location: This influences the average daily sunlight your roof gets, which helps determine how many panels you need.
• How much energy your household consumes: Homes that consume plenty of power each month may call for more solar panels and, therefore, be more costly, but will also benefit more over time.

Even though a solar panel system costs a good 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, such as the size of your house and your energy consumption.

Solar Incentives in Breckenridge Hills

In order to increase the number of homes and businesses that use solar power, federal and local governments — and even some utility companies — offer incentives to help make going solar more economically viable and accessible. You are eligible for the federal solar investment tax credit (ITC) for the tax year you turn on your a solar system. You can also potentially use the ITC with other local rebates and benefits. In the table below, you can find out about the incentives you qualify for in your area.

Environmental Impact of Switching to Solar in Breckenridge Hills

There are lots of reasons to make the switch to solar power, like saving on electricity bills and helping to lower your carbon footprint. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Breckenridge Hills, though. The more energy your family uses, the the more the environment will benefit from you switching to solar as you won't have to burn as many fossil fuels. Though solar panel manufacturing emits carbon dioxide, the panels make up for it by significantly lowering the amount of CO2 you would have produced if you still used traditional energy. In Breckenridge Hills, you can reduce your carbon footprint by 100 pounds a year with solar panels. For those who care about the environment, the upfront cost of solar is a small price to pay for reducing your carbon footprint.