17 Best Solar Companies in Riverside, MO (Oct 2022 Review)

The Cost and Benefits of Solar in Riverside

Even though solar panels can help save you a decent chunk of change on energy bills over time, it's important to know the startup costs. Some key things that affect how much it will cost and how much you could save include:

• How much energy you use: If your household needs to use a lot of energy, you'll benefit more from installing solar panels.
• Your current power bills: Solar panels can significantly decrease, or totally eradicate, your utility bills. In Riverside, you can save an average of $139 a month.
• The amount of sunlight your house gets: Thanks to Riverside's high amount of average daily sunlight, you should be able to save a decent amount on your electricity bills.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you deduct 30% of your total installation cost, your local government may offer additional tax exemptions, credits or rebates that will help you save even more. Not including incentives, you can save an average of $22,000 over the first 20 years with your solar panels, too.

Thanks to solar panels decreasing in cost as well as various solar incentives, they are a cost-effective investment for many homeowners.

Solar Incentives in Riverside

Because solar power is better for the environment than fossil fuels, there are a number of government incentives available to encourage people to make the switch. State and city solar incentives vary by location and, sometimes, utility company. Many states offer rebates for home solar power systems, in addition to the federal solar tax credit. In the table below, you can see the incentives you qualify for in your area.

Environmental Impact of Switching to Solar in Riverside

If you're thinking of adding solar panels to your home, one of the primary reasons why may be to lower your greenhouse gas emissions. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Riverside, though. The more energy you use, the better off the planet will be when you switch to solar since you won't need to burn as many fossil fuels. Though making solar panels releases carbon dioxide emissions, the panels make up for it by significantly lowering the amount of CO2 you would have produced if you still used traditional energy. In Riverside, you can reduce your carbon footprint by 90 pounds a year with solar panels. Since solar power is renewable and makes electricity without releasing carbon emissions, adding solar panels to your home is one easy step you can take to help protect the environment.