15 Best Solar Companies in Boone, NC (Oct 2022 Review)

The Cost and Benefits of Solar in Boone

Although solar panels can save you money on electricity bills over time, it's necessary to take into consideration the startup costs. The installation cost is just one important factor you should take into account when looking into installing solar panels. How much it'll cost and how much you can save depend on things including:

• The kind of solar panels you can buy: This depends on how much you're willing to spend upfront.
• Energy consumption: Installing solar panels may be too pricey an option for homes that don't consume a lot of energy per month.
• Where your home is: This affects how much sunlight your roof receives, which helps determine how many panels you need.
• Incentives: The federal solar investment tax credit, which can save you some money, allows you to deduct 30% of the cost of your solar system installation from your taxes. Plus, not including incentives, you can save about $17,000 over 20 years on your energy bills.

There are several good benefits of solar in spite of the initial cost of installation. It can help the Earth and your wallet. Additionally, it can boost the value of your home, giving you even more benefits if you choose to sell your home later.

Solar Incentives in Boone

Since solar power is better for the environment than traditional energy sources, there are some government incentives in place to encourage people to make the switch. When you install solar panels on your home, you can claim the federal tax credit, or ITC. This credit currently lets you lower your tax bill by 30% of the cost of your solar panels. Additionally, there are often some state and city incentives that you can take advantage of to further cut back on the cost of solar of solar panels. You can learn about the incentives available to you in the table below.

Environmental Impact of Switching to Solar in Boone

An important reason so many homeowners are thinking of switching to solar power is to help reduce their environmental impact. But how much can switching to solar actually affect the environment? Everyone can help protect the environment by switching to solar energy, but homes that consume lots of energy will have a bigger impact. Because solar panels don't release greenhouse gas 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 60 pounds each year. For homeowners who are worried about the environment, the upfront cost of solar is a small price to pay for the offset carbon emissions.