15 Best Solar Companies in Lemay, MO (Feb 2023 Review)

The Cost and Benefits of Solar in Lemay

The cost of installing a solar panel system has dropped significantly over the past several years, but it's still a substantial investment for most homeowners. The installation cost is just one important factor you should keep in mind when looking into getting solar panels. How much it'll cost and how much you can save depend on things including:

• How much sunlight your roof gets: This, and the configuration of your roof, affects affect how much energy your solar panels can make.
• Your household's power bills: Based on the fairly high monthly energy bills in Lemay, you could save about $1,300 a year with solar.
• Incentives: The federal solar investment tax credit currently lets you lower your taxes by 30% of the project cost. Your state may also have incentives and rebates that you can use. In addition, you can save about $17,000 over 20 years on your utility bills, not including incentives.
• The type of solar panel system you can afford: This depends on how much you're willing to spend upfront.

Solar is a worthwhile investment for most homeowners. You can produce your own energy instead of paying for it from a utility company and make use of solar incentives, all while helping preserve the planet.

Solar Incentives in Lemay

In an effort 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. When you install solar panels on your home, you become eligible to claim the federal tax credit, or ITC. This credit currently lowers your tax bill by 30% of the cost of your solar panels. In addition, there are often some regional incentives that you can use to further save. Our article on solar incentives has more in-depth information on the incentives you can take advantage of in Lemay.

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. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Lemay, though. No matter where you are, you can help protect the environment by switching to solar energy, but homes that use a lot of energy will have a greater impact. While making solar panels releases carbon dioxide emissions, the panels make up for it by considerably decreasing the amount of CO2 you would have been responsible for if you still used nonrenewable energy. In Lemay, you can reduce your carbon footprint by 100 pounds a year with solar panels. The good things about solar power are plentiful — just like solar power is! That's why so many people have been happy with using solar energy.