11 Best Solar Companies in Carrollton, MO (Mar 2023 Review)

The Cost and Benefits of Solar in Carrollton

The cost of putting up a solar panel system has gone down greatly in the past several years, but it's still a substantial investment for most homeowners. A few important factors that influence the cost of installing a solar panel system on your home and how much money you could save over time are:

• Average daily sunlight: Since Carrollton gets a decent amount of average daily sunlight, your solar panels can generally produce enough energy to power your whole home, which impacts how much you can save on your energy bills.
• How much electricity your home consumes: Homes that need a lot of electricity each month may call for more solar panels and, consequently, be more costly, but will also save more on their energy bills over time.
• The type of solar panels you're thinking of getting: More efficient panels are more costly, so that will shape your budget for your solar project.
• Incentives: Those who purchase and install a solar energy system this year can save 30% of their installation costs by using the federal solar investment tax credit. You can also save about $20,000 on your electricity bills over 20 years excluding incentives.

Even though 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, including the angle of your roof and your local electricity rates.

Solar Incentives in Carrollton

Since solar power is better for the environment than burning fossil fuels, there are a number of government incentives available to encourage people to make the switch. Regardless of what state you live in, you can take advantage of the federal Solar Investment Tax Credit (ITC), which allows you to claim 30% of your project costs when you file taxes, reducing the amount of taxes you owe that year. Plus, there may be some state and city incentives you can benefit from too. For detailed information about local incentives, see our our article on solar incentives.

Environmental Impact of Switching to Solar in Carrollton

If you're planning on adding solar panels to your home, one of the primary reasons why may be to lower your greenhouse gas emissions. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Carrollton, though. Everyone can help save the planet by switching to solar energy, but homes that consume more energy will have a bigger impact. After you go solar, your carbon dioxide emissions can be reduced by about 100 pounds each year. For homeowners who care about the environment, the upfront cost of solar is a small price to pay for the offset carbon emissions.