18 Best Solar Companies in Cornelius, NC (Aug 2022 Review)

The Cost and Benefits of Solar in Cornelius

Solar panels run off a free energy source — the sun — but before you can take advantage of this you will first need to pay to install your system. A few main factors that determine the cost of installing solar panels on your home and how much money you could save over time are:

• The amount of sunlight your home gets: Due to Cornelius's very high amount of average daily sunlight, you should be able to save a lot on your electric bills.
• How much power your home consumes: Homes that use plenty of power each month may need more solar panels and, therefore, be more expensive, but will also enjoy more savings over time.
• The type of solar panels you want to get: More efficient models are more highly priced, so that will determine your budget for your solar project.
• Incentives: Tax-paying citizens who install a solar energy system this year can save 26% of their solar installation costs by using the federal solar investment tax credit. You can also save about $17,000 on your utility bills over 20 years not including incentives.

There are many good benefits of solar even with the upfront cost of installation. It can help the environment and your finances. In addition, it can raise the value of your home, giving you even more benefits if you want to sell your home later.

Solar Incentives in Cornelius

In order to increase the adoption of solar power, federal, state and local governments — and even some utility companies — offer incentives to help make solar more economically viable and accessible. When you install a solar panel system on your house, you can take advatage of the federal tax credit, or ITC. This credit currently lowers your tax bill by 26% of the cost of your solar panels. Plus, there may often be some state and city incentives that you can use to further cut back on the cost of solar of solar panels. The table below lets you know about the incentives you can take advantage of in Cornelius.

Environmental Impact of Switching to Solar in Cornelius

Lots of people want to do what they can to help the planet, which for many is the primary motivation to install solar panels. But how much can installing solar panels actually affect the environment? If your family uses a lot of energy, you can help the environment even more by switching to solar energy. In Cornelius, the average person can reduce their carbon footprint by 60 pounds a year once they go solar. The perks of solar power are plentiful — just like solar power is! That's why so many people have been happy with using solar energy.