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

The Cost and Benefits of Solar in Cramerton

The cost of installing solar panels has decreased greatly in the past several years, but it's still a substantial investment for most homeowners. The cost and possible savings vary depending on a few key factors such as:

• System size and type: Some models are more pricy than others, so the one you choose can raise or lower your initial investment. Plus, the more solar panels you need to buy, the more it'll cost.
• Incentives: One thing that can make your solar project cost less is the solar investment tax credit (ITC), which is a tax credit that lets you deduct from your taxes a percentage of the project cost. You can also save a decent amount of money on your energy bills, which can generate an average of $18,000 of savings over 20 years.
• The amount of sunlight your roof gets: If your roof doesn't see much direct sunlight, your solar system won't be able to produce as much energy, which will leave you with lower savings on electric bills than someone with a roof that gets plenty of sunlight.
• Electricity consumption: The average home in Cramerton uses a lot of energy, and as a result may see more savings on electricity bills than other places.

Even though a solar panel system costs a good chunk of money upfront, it can save you much more in the long term. The question of how much, though, depends on a number of factors, such as the angle of your roof and incentives.

Solar Incentives in Cramerton

One of the good things about installing a solar panel system is receiving incentives from the government. When you install solar panels on your home, you become eligible to claim the federal tax credit, or ITC. This credit currently lets you reduce your tax bill by 30% of the cost of your solar panels. Plus, there are often some local incentives that you can use to further save. In our article on solar incentives, you can see the incentives you qualify for in your area.

Environmental Impact of Switching to Solar in Cramerton

One of the most compelling reasons to embrace solar energy is to reduce your reliance on traditional energy sources like burning fossil fuels, which are destructive for the environment. But — how much exactly can you help by making the switch to solar? The more power your house uses, the better off the planet will be if you switch to solar since you won't need to use as much nonrenewable energy. In fact, if you adopt solar power, you could be looking at reducing your carbon dioxide emissions by about 60 pounds each year. As you can see, investing in solar has so many other benefits apart from saving money. One of the most important ones is that you can help save the planet too.