12 Best Solar Companies in Park Hills, MO (Sep 2022 Review)

The Cost and Benefits of Solar in Park Hills

When deciding on a solar company, most homeowners or business owners care about the costs above all. A few key factors that affect the cost of installing a solar panel system on your home and how much money you could save over time include:

• Incentives: Tax-paying citizens who purchase and install a solar energy system this year can save 30% of their overall solar costs by using the federal solar investment tax credit. You can also save about $17,000 on your utility bills over 20 years excluding incentives.
• Choice of solar panels: The type of solar panels you choose 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 you don't need to maximize efficiency, you can go with a higher number of more affordable panels.
• How much sunlight your roof gets: If your rooftop doesn't see much direct sunlight, your solar panels won't be able to generate as much energy, which will leave you with lower savings on energy bills than a house with a roof that gets plenty of sunlight.
• Energy consumption: Installing a solar system may be an expensive investment for homes that don't need too much energy each month.

So is installing solar panels worth it? Whether you want to reduce your electricity costs, carbon dioxide emissions or both, solar panels are a worthwhile investment for many Park Hills homeowners.

Solar Incentives in Park Hills

If you're considering switching to solar power, several government incentives and solar rebates can greatly reduce the installation costs and speed up the return on your investment. You are eligible for the federal solar investment tax credit (ITC) for the tax year you turn on your a solar panel system. You can also potentially use the ITC with other state and city rebates and benefits. In the table below, you can see the incentives you qualify for in your area.

Environmental Impact of Switching to Solar in Park Hills

One of the reasons so many people are thinking of going solar is to help lower their environmental impact. But you may be curious — how much exactly can you help the planet by making the switch to solar? Regardless of your location, you can help protect the planet by switching to solar energy, but homes that consume a lot of energy will have a bigger impact. Because solar panels don't release carbon dioxide emissions into the atmosphere when generating electricity, they're a good trade for nonrenewable energy sources. In fact, you could expect to reduce your carbon dioxide emissions by about 100 pounds each year. The good things about solar power are abundant — just like solar power is! That's why so many people have been happy with making the switch to solar.