12 Best Solar Companies in Concord, NC (Sep 2022 Review)

The Cost and Benefits of Solar in Concord

The cost of installing a solar panel system has dropped immensely over the past few years, but it's still a substantial investment for most homeowners. Some important things that affect how much it will cost and how much you could save include:

• Your income and budget: This affects what model of solar panels you can afford.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you receive a tax credit curretnly worth 30% of your overall installation cost, your state or local government may offer additional tax exemptions, credits or rebates that will help you save even more. Aside from incentives, you can save an average of $17,000 over 20 years with your solar panels, too.
• Energy consumption: Solar may be too steep of an option for homes that don't use a lot of energy per month.
• The amount of sunlight your home gets: Thanks to Concord's very high amount of average daily sunlight, you should be able to save a lot on your electricity bills.

Solar is a worthwhile investment for most homeowners. You can make your own power instead of paying for it from the grid and take advantage of solar tax credits and rebates, all while helping the planet.

Solar Incentives in Concord

Adopting solar power has lots of considerable benefits. Not only can it help preserve the Earth, but you can also save a good amount of money on your installation with various government incentives. When you install a solar panel system, you become eligible to claim the federal tax credit, or ITC. This credit currently lowers your tax bill by 30% of the cost of your solar panels. Plus, there may often be some local incentives that you can benefit from to further cut back on the cost of solar of solar panels. For more information about incentives for homeowners in Concord, check out the table below.

Environmental Impact of Switching to Solar in Concord

If you're planning on adding solar panels to your home, one of the principal reasons why may be to reduce your carbon footprint. Something many homeowners might be thinking about is how much can they really help save the environment by switching to solar power anyway? If your household consumes lots of energy, you can impact the environment even more by switching to solar energy. Because solar panels don't release greenhouse gas emissions into the atmosphere when producing electricity, they're a good alternative to nonrenewable energy sources. In fact, 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 perks besides saving money. One of the major ones is that you can help save the planet too.