14 Best Solar Companies in Cherryville, NC (Jan 2023 Review)

The Cost and Benefits of Solar in Cherryville

For a lot of homeowners, whether or not you should invest in solar energy boils down to the cost. There are several factors you should consider when determining the overall cost and how much you can save, such as:

• How much power your household needs: If your home needs to use a lot of energy, you'll reap more rewards from installing solar panels.
• Choice of solar panels: The kind of solar panels you need will affect your total cost. High-efficiency monocrystalline panels will cost more upfront but can also lead to more savings over the lifetime of your system. If space isn't a constraint for your project, you can opt for a higher number of more affordable panels.
• The amount of sunlight your city gets: Because of Cherryville's very high amount of average daily sunlight, you should be able to save a lot on your electric bills.
• Incentives: Those who buy and install a solar energy system this year can save 30% of their solar installation costs by taking advantage of the federal solar investment tax credit. You can also save about $17,000 on your utility bills over 20 years without incentives.

So are solar panels worth it? Whether you hope to decrease your energy bills, carbon emissions or both, solar panels are a worthwhile investment for many Cherryville homeowners.

Solar Incentives in Cherryville

Since solar power is a cleaner source of energy than traditional energy sources, there are some government incentives in place to encourage people to make the switch. Regardless of what state you live in, you can take advantage of the federal Solar Investment Tax Credit (ITC), which will let you claim 30% of how much your solar project cost on your tax return, reducing the amount of taxes you owe that year. Plus, there may be some local incentives that stack with the ITC too. Our article on solar incentives goes over more detailed information on the incentives you can benefit from in Cherryville.

Environmental Impact of Switching to Solar in Cherryville

Going solar can have a meaningful effect on the environment. You may be curious — how much do solar panels help the environment anyway? In a city like Cherryville where energy use is particularly high, going solar is a good plan for households who are worried about the state of the planet. In fact, if you install solar panels, you could be looking at reducing 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 reducing your carbon footprint.