17 Best Solar Companies in China Grove, NC (Aug 2022 Review)

The Cost and Benefits of Solar in China Grove

When deciding on a solar company, most homeowners or business owners wonder about the costs the most. The cost of solar and the savings it generates vary depending on some important factors such as:

• Your income and budget: This determines what model of solar panels you can purchase.
• Incentives: The federal solar investment tax credit currently lets you lower your taxes by 26% of the project cost. Your state and city may also have incentives and rebates that you can take advantage of. Plus, you can save about $16,000 over 20 years on your utility bills, not including incentives.
• How much power your home consumes: Households that need lots of electricity each month may need more solar panels and, therefore, more upfront cost, but will also enjoy more savings over time.
• Your location: This influences how much sunlight your roof gets, which helps determine how many panels you need.

Because of solar panels decreasing in cost as well as local and federal solar incentives, they are a solid investment for many homeowners.

Solar Incentives in China Grove

In an effort to increase the number of homes and businesses that use solar power, federal, state and local governments — and even some utility companies — offer incentives to help make switching to solar power more financially viable and accessible. You can qualify for the federal solar investment tax credit (ITC) for the tax year you turn on your a solar panel system. You can also potentially use the ITC with other state and city incentives. You can find out about the incentives you can take advantage of in the table below.

Environmental Impact of Switching to Solar in China Grove

There are a few big reasons why people are interested in solar energy: for the good of their bank accounts and the planet. You may be curious — how much do solar panels help the environment anyway? Something that can drastically affect your carbon footprint is your commute time and how much you drive generally. If you install solar panels and drive an electric car, you can greatly cut back on your carbon dioxide emissions by charging your car at home. Since solar panels don't release carbon dioxide emissions into the atmosphere when creating electricity, they're a good swap for nonrenewable energy sources. In fact, you could be looking at reducing your carbon dioxide emissions by about 60 pounds each year. The good things about solar power are abundant — just like solar power is! That's why so many people have been happy with using solar energy.