12 Best Solar Companies in Herculaneum, MO (Aug 2022 Review)

The Cost and Benefits of Solar in Herculaneum

We know that for many homeowners, the choice to invest in solar comes down to installation costs. The installation cost is just one important factor you should bear in mind when looking into getting solar panels. How much it'll cost and how much you can save depend on things including:

• Energy consumption: Installing solar panels may be an expensive option for families that don't consume a lot of energy each month.
• Average daily sunlight: Since Herculaneum gets a decent amount of average daily sunlight, your solar panels can generally generate enough energy to power your whole home, which affects how much your electricity bills will be.
• Choice of solar panels: The kind of solar panels you choose 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 you don't need to maximize efficiency, you can go with a higher number of more affordable panels.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you receive a tax credit curretnly worth 26% of your overall installation cost, your local government may offer additional tax exemptions, credits or rebates that will help you save even more. Not including incentives, you can save an average of $17,000 over the first 20 years with your system, too.

There are several good benefits of solar even with the initial cost of installation. It can help the environment and your bank account. Additionally, it can boost the value of your home, leading to even more benefits if you choose to sell your home later.

Solar Incentives in Herculaneum

Because solar power is better for the environment than fossil fuels, there are various government incentives available to encourage people to make the switch. You qualify for the federal solar investment tax credit (ITC) for the tax year you turn on your a solar panel system. You can also potentially pair the ITC with other state and city incentives. You can find out about the incentives available to you in the table below.

Environmental Impact of Switching to Solar in Herculaneum

Switching to solar energy can have a positive effect on the environment. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Herculaneum, though. For those who want to help preserve the planet, going solar is a straightforward choice, especially since Herculaneum produces a very high amount of carbon dioxide emissions from its energy generation. Although solar panel manufacturing emits carbon dioxide, the panels make up for it by significantly reducing the amount of CO2 you would have released if you still used nonrenewable energy. In Herculaneum, 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 the offset carbon emissions.