11 Best Solar Companies in Aberdeen, NC (Oct 2022 Review)

The Cost and Benefits of Solar in Aberdeen

We get that for most homeowners, the decision to invest in solar highly depends on installation costs. There are quite a few factors you should consider when trying to determine costs and your potential savings, such as:

• 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 produce as much energy, which will give you lower savings on power bills than a house with a roof that gets a lot of sunlight.
• How much energy you use: If your home uses a lot of energy, you'll reap more rewards from switching to solar.
• Incentives: The federal solar investment tax credit currently lets you reduce your taxes by 30% of the project cost. Your state and city may also have various incentives that you can take advantage of. In addition, you can save about $18,000 over 20 years on your utility bills, not including incentives.
• Choice of solar panels: The type of solar panels you get will affect your total cost. High-efficiency monocrystalline panels are more expensive upfront but can also save you more money over the lifetime of your system. If you don't need to maximize efficiency, you can go with a higher number of more affordable panels.

Although a solar panel system costs a sizable chunk of money upfront, it can save you a considerable amount in the long term. The question of how much, though, depends on a number of factors, like the size of your house and incentives.

Solar Incentives in Aberdeen

Although installing solar panels is typically a big investment, it can save you a significant amount of money over many years due to lower utility bills and government incentives. Everyone can take advantage of the federal Solar Investment Tax Credit (ITC), which will let you claim 30% of how much you paid for your solar installation when you file taxes, reducing the amount of taxes you owe that year. In addition, there may be some state and city incentives that stack with the ITC too. In the table below, you can find out about the incentives you qualify for in your area.

Environmental Impact of Switching to Solar in Aberdeen

There are a few important reasons why many people are interested in solar energy: to help their wallet and the environment. You may be trying to figure out — how much do solar panels do for the planet anyway? The more power your family uses, the better off the planet will be from you switching to solar as you won't need to use as much nonrenewable energy. In Aberdeen, the average person can lower their carbon footprint by 60 pounds a year once they go solar. For those who want to help the environment, the upfront cost of solar is a small price to pay for the offset carbon emissions.