13 Best Solar Companies in Horn Lake, MS (Mar 2023 Review)

The Cost and Benefits of Solar in Horn Lake

When choosing a solar company, most homeowners or business owners worry about the costs the most. There are quite a few factors you should take into consideration when determining costs and your potential savings, such as:

• Your location: This influences the average daily sunlight your roof gets, which helps determine how many panels you need.
• How much electricity your home consumes: Homes that use plenty of power each month may call for more solar panels and, as a result, more upfront cost, but will also enjoy more savings over time.
• Incentives: Something that can make your solar project cost less is the solar investment tax credit (ITC), which is a tax credit that lets you deduct from your taxes a percentage of the project cost. You can also save money on your utility bills, which can lead to an average of $16,000 of savings over 20 years.
• The type of solar panel system you have the money for: This hinges on how much you're willing to invest upfront.

Solar is a valuable investment for most homeowners. You can produce your own power instead of paying for it from a utility company and benefit from solar incentives, all while helping protect the environment.

Solar Incentives in Horn Lake

Although installing solar panels is typically a $15,000 to $25,000 investment, it can save you a significant amount of money over many years because of lower power bills and government incentives. Local solar incentives depend on the location and, sometimes, utility company. A lot of states offer rebates for solar power systems, in addition to the federal solar tax credit. You can find out about the incentives you can take advantage of in our article on solar incentives

Environmental Impact of Switching to Solar in Horn Lake

If you're thinking of adding solar panels to your home, one of the major reasons why may be to reduce your reliance on nonrenewable energy. Something many might be wondering about is how much can they really help preserve the environment by switching to solar power anyway? In a place like Horn Lake where commute times can be pretty long, installing solar panels can help help reduce the carbon footprint of driving a lot. In fact, if you install solar panels, you could reduce your carbon dioxide emissions by about 70 pounds each year. As you can see, trading traditional energy for solar has so many other rewards beyond saving money. One of the most important ones is that you can help save the planet too.