18 Best Solar Companies in High Ridge, MO (Feb 2023 Review)

The Cost and Benefits of Solar in High Ridge

For many homeowners, whether or not you should invest in solar panels comes down to the cost. A few key factors that determine the cost of installing solar panels on your home and how much money you could save over time include:

• Incentives: The federal solar investment tax credit, which everyone in the U.S. is eligible for, lets you deduct 30% of the cost of your solar system installation from your federal taxes. In addition, not including incentives, you can save about $16,000 over 20 years on your energy bills.
• Choice of solar panels: The type of solar panels you want will affect your total cost. High-efficiency monocrystalline panels will cost more upfront but can also save you more money 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 power bills: This will influence your savings. In High Ridge, the average resident can save about $1,200 a year on their electricity bills.
• The amount of sunlight your home gets: Thanks to High Ridge's high amount of average daily sunlight, you should be able to save a decent amount on your electricity bills.

Thanks to solar panels decreasing in cost as well as local and federal solar incentives, they are a sound investment for the majority of homeowners.

Solar Incentives in High Ridge

In order to increase the adoption of solar power, incentives are offered by the government — and even some utility companies — to help make solar power more economically viable and accessible. There are quite a few federal, state and local rebates and tax credits that may earn you some money in return after paying for solar panels. For comprehensive information about incentives for homeowners in High Ridge, see our our article on solar incentives.

Environmental Impact of Switching to Solar in High Ridge

If you want to add solar panels to your home, one of the major reasons why may be to lower your reliance on nonrenewable energy. A question many homeowners might be asking themselves is how much can they really help preserve the environment by switching to solar power anyway? The amount of energy you use is a key factor to consider. The more energy your household consumes, the larger your impact when you go solar. In fact, if you install solar panels, you could look forward to lowering your carbon dioxide emissions by about 100 pounds each year. If you want to do your part for the environment, you'll most likely recognize that there are many advantages to adopting solar energy other than just saving money on bills. You can also help protect the environment, which some would argue is priceless.