17 Best Solar Companies in Parkville, MO (Jan 2023 Review)

The Cost and Benefits of Solar in Parkville

While solar panels can help save you money on electricity bills over time, it's necessary to take into consideration the upfront costs. Some important things that influence the upfront cost and potential savings over time include:

• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you receive a tax credit curretnly worth 30% of your overall installation cost, your state or local government may offer additional tax exemptions, credits or rebates that will help you save even more. Aside from incentives, you can save an average of $19,000 over 20 years with your system, too.
• Your income and budget: This shapes what type of solar panels you can purchase.
• Your current electric bills: Solar panels can dramatically lower, or completely get rid of, your utility bills. In Parkville, you can save an average of $123 a month.
• How much power your household needs: If your family uses a lot of energy, you'll see more savings from switching to solar.

Thanks to the cost of solar panels being lower than before as well as several solar incentives, they are a solid investment for many homeowners.

Solar Incentives in Parkville

There are lots of reasons why going solar is a great investment. One of them consists of some government incentives that can save you money. On top of the federal tax credit incentive, there are also some state- and city-level benefits, which in the majority of cases, can be claimed in addition to the federal incentive, so you can save even more. Check out our article on solar incentives to see what incentives you can take advantage of.

Environmental Impact of Switching to Solar in Parkville

Lots of people want to do their part for the planet, which often is the prime reason for installing solar panels. Something many homeowners might be asking themselves is how much can they really help save the environment by going solar anyway? In a place like Parkville where commute times can be pretty long, using solar power can help help reduce the carbon footprint of being on the road a lot. Even though solar panel production releases carbon dioxide emissions, the panels make up for it by considerably lowering the amount of CO2 you would have released if you still used nonrenewable energy. In Parkville, you can reduce your carbon footprint by 90 pounds a year with solar panels. If you want to do your part for the environment, you'll most likely recognize that there are many benefits of adopting solar power other than just saving money on bills. You can also help preserve the environment, which some would argue is invaluable.