17 Best Solar Companies in Wiggins, MS (Sep 2022 Review)

The Cost and Benefits of Solar in Wiggins

Solar panels run off a free energy source — the sun — but before you can take advantage of this you will first need to pay to set up your panels. A few main factors that influence the cost of installing a solar panel system on your home and how much money you could save over time include:

• Incentives: The federal solar investment tax credit currently allows you to reduce your taxes by 30% of the project cost. Your state and city may also have various incentives that you can benefit from. Additionally, you can save about $21,000 over 20 years on your utility bills, before factoring in incentives.
• How much electricity your household consumes: Households that need lots of energy each month may call for more solar panels and, therefore, be more expensive, but will also save more on their energy bills over time.
• The amount of sunlight your roof gets: This, and how your roof is set up, affects affect how much electricity your solar panels can make.
• System size and type: Some models are more costly than others, so the one you get can raise or lower your initial investment. Plus, the more solar panels you need, the more it'll cost.

Solar is a rewarding investment for most homeowners. You can produce your own power instead of paying for it from the grid and benefit from solar incentives, all while helping preserve the Earth.

Solar Incentives in Wiggins

Although installing solar panels is typically a $15,000 to $25,000 investment, it can save you much money over the lifespan of your solar panels due to smaller utility bills and government incentives. Regardless of what state you live in, you can take advantage of the federal Solar Investment Tax Credit (ITC), which will allow you to claim 30% of how much your solar project cost when you file taxes, lowering the amount of taxes you owe that year. Additionally, there may be some local incentives that stack with the ITC too. In the table below, you can see the incentives you qualify for in your area.

Environmental Impact of Switching to Solar in Wiggins

Replacing nonrenewable energy with solar power is a profound way to do your part for a more environmentally-friendly future. But — how much exactly can you help the environment by making the switch to solar? For people who want to help cut back on greenhouse gas emissions, going solar is a no-brainer, especially since Wiggins produces a high amount of carbon dioxide emissions from its energy generation. Since solar panels don't release CO2 emissions into the atmosphere when creating electricity, they're a good trade for traditional energy sources. In fact, you could lower your carbon dioxide emissions by about 90 pounds each year. Since solar energy is plentiful and generates electricity without a carbon footprint, making the switch to solar power is one easy step you can take to help the environment.