18 Best Solar Companies in Carrboro, NC (Sep 2022 Review)

The Cost and Benefits of Solar in Carrboro

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

• Your energy consumption: If your family uses a lot of energy, you'll reap more rewards from switching to solar.
• The amount of sunlight your city gets: Due to Carrboro's high amount of average daily sunlight, you should be able to save a decent amount on your electricity bills.
• 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 a decent amount of money on your energy bills, which can generate an average of $18,000 of savings over 20 years.
• The model of solar panels you want: Some are more costly, so that will affect your budget for your solar project.

Even though a solar panel system costs a good chunk of money upfront, it can save you thousands of dollars in the long term. The question of how much, though, depends on a number of factors, including the kind of solar panels you get and incentives.

Solar Incentives in Carrboro

Since solar power is more sustainable than traditional energy sources, there are several government incentives available to encourage its adoption. Local solar incentives vary by location and, sometimes, utility company. Many states offer rebates for solar power, in addition to the federal solar tax credit. Check out the table below to find out what incentives you can benefit from.

Environmental Impact of Switching to Solar in Carrboro

There are many reasons to trade traditional energy for solar energy, like saving money on electricity bills and helping to reduce your carbon footprint. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Carrboro, though. The more energy your house uses, the the more the environment will benefit if you switch to solar as you won't need to rely on traditional energy sources as much. After you go solar, your carbon emissions can be cut by about 60 pounds each year. Since energy from the sun is abundant and generates electricity without releasing carbon emissions, making the switch to solar power is one easy step you can take to help the environment.