14 Best Solar Companies in Cherryville, NC (Aug 2022 Review)

The Cost and Benefits of Solar in Cherryville

When choosing a solar company, most homeowners or business owners wonder about the costs the most. Some key factors that dictate how much it will cost to install solar panels on your home and how much money you could save over time include:

• Incentives: One thing that can reduce the cost of your solar project is the solar investment tax credit (ITC), which is a tax credit that's equal to a percentage of the project cost. You can also save money on your energy bills, which can result in an average of $17,000 of savings over 20 years.
• How much electricity your household consumes: Households that use plenty of electricity each month may require more solar panels and, therefore, be more costly, but will also enjoy more savings over time.
• The amount of sunlight your area gets: Because of Cherryville's very high amount of average daily sunlight, you should be able to save a lot on your power bills.
• Choice of solar panels: The kind of solar panels you buy will affect your total cost. High-efficiency monocrystalline panels are more expensive upfront but can also lead to more savings 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 much more over time. The question of how much, though, depends on a number of factors, such as the size of your solar panel system and your current power bills.

Solar Incentives in Cherryville

Although solar power is typically a large investment, it can save you a considerable amount of money over the lifespan of your solar panels due to reduced energy bills and government incentives. When you install a solar panel system on your house, you can claim the federal tax credit, or ITC. This credit currently reduces your tax bill by 26% of the cost of your solar panels. In addition, there are often some local incentives that you can use to further save. For detailed information about local incentives, see the table below.

Environmental Impact of Switching to Solar in Cherryville

Installing solar panels is a compelling way to do what you can for a more environmentally-friendly future. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Cherryville, though. No matter where you are, you can help the environment by switching to solar energy, but homes that use more energy will have a bigger impact. In fact, if you install solar panels, you could look forward to lowering your carbon dioxide emissions by about 60 pounds each year. As you can see, using solar power has so many other rewards outside of saving money. One of the most important ones is that you can help save the Earth too.