15 Best Solar Companies in Cary, NC (Mar 2023 Review)

The Cost and Benefits of Solar in Cary

The cost of installing a solar panel system has dropped significantly in the past few years, but it's still a large investment for most homeowners. The installation cost is just one important factor you should keep in mind when looking into getting solar panels. How much it'll cost and how much you can save depend on things such as:

• Incentives: Tax-paying citizens who install a solar system this year can save 30% of their solar installation costs by using the federal solar investment tax credit. You can also save about $16,000 on your utility bills over 20 years not including incentives.
• Choice of solar panels: The kind 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 space isn't a constraint for your project, you can go with a higher number of more affordable panels.
• Typical energy usage: The more power your household uses on average and the larger your current power bills are, the more benefits you'll see from going solar.
• The amount of sunlight your area gets: Because of Cary's high amount of average daily sunlight, you should be able to save a decent amount on your electricity bills.

There are several good benefits of solar in spite of the initial cost of installation. It can help the planet and your bank account. Plus, it can increase the value of your home, resulting in even more benefits if you choose to sell your home later.

Solar Incentives in Cary

Adopting solar power has lots of wonderful benefits. Not only can it help protect the environment, but you can also save a good amount of money on your installation with various government incentives. You qualify for the federal solar investment tax credit (ITC) for the tax year you turn on your a solar panel system. You can also possibly stack the ITC with other state and city incentives. For comprehensive information about local incentives, see our our article on solar incentives.

Environmental Impact of Switching to Solar in Cary

Many want to do what they can for the planet, which in many cases is the main reason for installing a solar system. But you may be curious — how much exactly can you help the planet by going solar? One thing that can dramatically affect your carbon footprint is how long your commute is and how much you drive overall. If you switch to solar power and have an electric car, you can vastly lower your carbon dioxide emissions by charging your car at home. Because solar panels don't release carbon dioxide emissions into the atmosphere when generating electricity, they're a good substitute for nonrenewable energy sources. In fact, you could be looking at reducing your carbon dioxide emissions by about 60 pounds each year. If you want to do what you can for the environment, you'll no doubt find that there are many good things about adopting solar energy other than just saving money on electricity. You can also help preserve the environment, which some would argue is priceless.