17 Best Solar Companies in Riverside, MO (Feb 2023 Review)

The Cost and Benefits of Solar in Riverside

For most homeowners, whether or not you should invest in solar energy comes down to the cost. The installation cost is just one important factor you should keep in mind when looking into getting solar panels. How much it'll cost and how much you can save depend on things including:

• Incentives: The federal solar investment tax credit currently allows you to lower your taxes by 30% of the project cost. Your state may also have incentives and rebates that you can benefit from. Plus, you can save about $22,000 over 20 years on your utility bills, not including incentives.
• The amount of sunlight your roof gets: If your roof doesn't get a lot of direct sunlight, your solar panel system won't be able to make as much energy, which will give you lower savings on electricity bills than a house with a roof that gets plenty of sunlight.
• Your energy consumption: If your household uses a lot of energy, you'll reap more rewards from switching to solar.
• Your home's power bills: Based on the very high monthly electric bills in Riverside, you could save about $1,700 a year with solar.

So is a solar panel system worth it? Whether you'd like to decrease your energy bills, greenhouse gas emissions or both, solar panels are a good investment for many Riverside 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 our article on solar incentives, you can see the incentives you qualify for in your area.

Environmental Impact of Switching to Solar in Riverside

There are many reasons to trade traditional energy for solar power, like saving on utility bills and helping to reduce your carbon footprint. You may be curious — how much do solar panels help the environment anyway? If your family consumes lots of energy, you can help the environment even more by switching to solar power. Although solar panel manufacturing releases carbon dioxide emissions, the panels make up for it by significantly reducing 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. For homeowners who care about the environment, the upfront cost of solar is a small price to pay for offsetting your carbon emissions.