9 Best Solar Companies in Raytown, MO (Aug 2022 Review)

The Cost and Benefits of Solar in Raytown

The cost of putting up a solar panel system has gone down significantly over the past several years, but it's still a large investment for most homeowners. There are a few factors you should consider when trying to determine the overall cost and how much you can save, including:

• How much sunlight your roof gets: If your rooftop gets limited direct sunlight, your solar system won't be able to make as much energy, which will give you lower savings on electric bills than a roof that gets plenty of sunlight.
• System size and type: Some models are more pricy than others, so the one you choose can raise or lower your initial investment. Plus, the more solar panels you need to buy, the more it'll cost.
• Incentives: Tax-paying citizens who install a solar system this year can save 26% of their total solar spend by taking advantage of the federal solar investment tax credit. You can also save about $20,000 on your utility bills over 20 years not including incentives.
• Typical energy usage: The more power your home uses on average and the steeper your current power bills are, the more money you could save by making the switch to solar.

Though a solar panel system costs a sizable chunk of money upfront, it can save you a considerable amount over time. The question of how much, though, depends on a number of factors, like the kind of solar panels you get and incentives.

Solar Incentives in Raytown

To increase solar panel installation and usage, federal, state and local governments — and even some utility companies — offer incentives to help make going solar more financially viable and accessible. You can qualify for the federal solar investment tax credit (ITC) for the tax year you turn on your a solar system. You can also possibly stack the ITC with other state and city rebates and benefits. In the table below, you can read about the incentives you qualify for in Raytown.

Environmental Impact of Switching to Solar in Raytown

Many want to do their part to help save the environment, which for many is the chief motivation to install a solar system. Something many homeowners might be asking themselves is how much can they really help preserve the environment by switching to solar power anyway? Regardless of your location, you can help save the planet by switching to solar energy, but homes that consume lots of energy will have an even greater impact. If you go solar, your carbon emissions can be lowered by about 90 pounds a year. As you can see, trading traditional energy for solar has so many other rewards outside of saving money. One of the most important ones is that you can help save the environment too.