16 Best Solar Companies in St Peters, MO (Mar 2023 Review)

The Cost and Benefits of Solar in St Peters

Solar panels are powered by a free energy source — the sun — but before you can take advantage of this you will need to pay to install your panels. Some key 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 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 $15,000 over 20 years with your system, too.
• System size and type: Some models are more costly than others, so the one you want to get can raise or lower your initial investment. Plus, the more solar panels you need to get, the more it'll cost.
• How much sunlight your roof gets: If your rooftop doesn't see much direct sunlight, your solar system won't be able to make as much energy, which will give you lower savings on electric bills than someone with a roof that gets lots of sunlight.
• Energy consumption: Installing a solar system may be too steep of an investment for households that don't consume a lot of energy each month.

Even though a solar panel system costs a sizable chunk of money upfront, it can save you a considerable amount over the lifespan of your panels. The question of how much, though, depends on several factors, including the amount of daily direct sunlight available and incentives.

Solar Incentives in St Peters

To increase the number of homes and businesses that use solar power, federal and local governments — and even some utility companies — offer incentives to help make solar power more financially viable and accessible. You are eligible for the federal solar investment tax credit (ITC) for the tax year you turn on your a solar system. You can also possibly use the ITC with other state and city incentives. Our article on solar incentives goes over more in-depth information on the incentives you can find in St Peters.

Environmental Impact of Switching to Solar in St Peters

If you're considering adding solar panels to your home, one of the major reasons why may be to lower your carbon dioxide emissions. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in St Peters, though. Everyone can help protect the planet by switching to solar energy, but homes that use lots of energy will have an even bigger impact. Since solar panels don't release CO2 emissions into the atmosphere when creating electricity, they're a good substitute for traditional energy sources. In fact, you could expect to reduce your carbon dioxide emissions by about 100 pounds each year. For homeowners who are worried about the environment, the upfront cost of solar is a small price to pay for offsetting your carbon emissions.