15 Best Solar Companies in Lemay, MO (Oct 2022 Review)

The Cost and Benefits of Solar in Lemay

For most homeowners, whether or not you should invest in solar panels comes down to the cost. The installation cost is just one important factor you should take into account 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 roof gets: This, and how your roof is set up, affects affect how much power your solar panels can generate.
• How much electricity your household consumes: Households that need plenty of power each month may call for more solar panels and, as a result, be more costly, but will also save more on their energy bills over time.
• The kind of solar panels you're thinking of getting: More efficient models cost more, so that will influence your budget for your solar project.
• Incentives: One thing that can save you money on your solar project is the solar investment tax credit (ITC), which is a tax credit that lets you deduct from your taxes a percentage of the project cost. You can also save a decent amount of money on your energy bills, which can give you an average of $17,000 of savings over 20 years.

Solar is a profitable investment for most homeowners. You can generate your own energy instead of paying for it from the grid and benefit from solar incentives, all while helping preserve the Earth.

Solar Incentives in Lemay

Although solar power is typically a big investment, it can save you a considerable amount of money over several years because of lower power bills and government incentives. When you install solar panels, you can claim the federal tax credit, or ITC. This credit currently reduces your tax bill by 30% of the cost of your solar panels. Plus, there may often be some state and city incentives that you can take advantage of to further save. You can learn about the incentives you can use in the table below.

Environmental Impact of Switching to Solar in Lemay

There are many reasons to switch to solar power, like saving some money on utility bills and helping to lower your carbon footprint. But you may be wondering — how much exactly can you help the environment by using solar power? In a city like Lemay where energy use is rather high, installing solar panels is a fantastic plan for people who want to do their part for the environment. Since solar panels don't release carbon dioxide emissions into the atmosphere when producing electricity, they're a good swap for traditional energy sources. In fact, you could be looking at reducing your carbon dioxide emissions by about 100 pounds each year. Since solar power is abundant and produces electricity without a carbon footprint, making the switch to solar power is one easy step you can take to help the environment.