18 Best Solar Companies in Maryville, MO (Jan 2023 Review)

The Cost and Benefits of Solar in Maryville

We know that for many homeowners, the decision to invest in solar comes down to installation costs. There are several factors you should consider when determining how much it will cost and how much you can save, including:

• The amount of sunlight your roof gets: This, along with your roof configuration, affects affect how much energy your solar panels can generate.
• Your income and budget: This guides what model of solar panels you can get.
• How much electricity your home consumes: Homes that need plenty of energy each month may require more solar panels and, consequently, more upfront cost, but will also enjoy more savings over time.
• Incentives: One thing that can make your solar project cost less 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 power bills, which can give you an average of $21,000 of savings over 20 years.

There are several great benefits of solar in spite of the initial cost of installation. It can help the environment and your finances. Additionally, it can raise the value of your home, giving you even more benefits if you want to sell your home later.

Solar Incentives in Maryville

One of the good things about installing a solar panel system is earning federal and potentially state incentives. On top of the federal tax credit incentive, there are also some state- and city-level incentives, which in the majority of cases, can be claimed in addition to the federal incentive, so you can save even more. In our article on solar incentives, you can read about the incentives you qualify for in Maryville.

Environmental Impact of Switching to Solar in Maryville

There are a few main reasons why homeowners want to invest in solar energy: to help their wallet and the environment. But you may be curious — how much exactly can you help the environment by making the switch to solar? According to the EPA, electricity generation is the second largest source of greenhouse gas emissions and about 62% of our electricity comes from burning fossil fuels. Using solar power can help lower that number in a city like Maryville that is responsible for a sizable amount of carbon dioxide emissions each year. In Maryville, the average resident can reduce their carbon footprint by 90 pounds a year after going solar. As you can see, using solar power has so many other rewards besides saving money. One of the main ones is that you can help save the planet too.