17 Best Solar Companies in Carolina Shores, NC (Jan 2023 Review)

The Cost and Benefits of Solar in Carolina Shores

While solar panels can save you a good amount of money on energy over time, it's important to take into consideration the upfront costs. Some important things that affect the cost and possible savings include:

• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you deduct 30% of your total installation cost, your state or local government may offer additional tax exemptions, credits or rebates that can help you save even more. Not including incentives, you can save an average of $20,000 over the first 20 years with your solar panels, too.
• Your income and budget: This guides what kind of solar panels you can purchase.
• average energy usage: The more electricity your household consumes on average and the larger your current electricity bills are, the more money you could save by making the switch to solar.
• How much sunlight your roof gets: If your roof doesn't get a lot of direct sunlight, your solar panels won't be able to generate as much energy, which will leave you with lower savings on electric bills than someone with a roof that gets a lot of sunlight.

So is installing solar panels worth it? Whether you want to decrease your electricity costs, carbon dioxide emissions or both, solar panels are a great investment for many Carolina Shores homeowners.

Solar Incentives in Carolina Shores

In an effort to increase solar panel installation and usage, federal and local governments — and even some utility companies — offer incentives to help make solar power more economically viable and accessible. There are quite a few federal, state and local rebates and tax credits that let you earn anywhere from 30% to 50% of your money back after installing a solar panel system. For detailed information about local incentives, see our our article on solar incentives.

Environmental Impact of Switching to Solar in Carolina Shores

There are a few big reasons why many people are interested in solar energy: to help their wallet and the environment. A question many homeowners might have in mind is how much can they really help protect the environment by switching to solar power anyway? The amount of energy you use is an important factor to keep in mind. The more electricity you use, the greater your impact when you go solar. In Carolina Shores, the average person can lower their carbon footprint by 70 pounds a year once they go solar. If you want to do your part for the environment, you'll most likely recognize that there are many good things about adopting solar power other than just saving money on electricity. You can also help protect the environment, which some would argue is invaluable.