14 Best Solar Companies in Cramerton, NC (Oct 2022 Review)

The Cost and Benefits of Solar in Cramerton

Solar panels run off a free energy source — the sun — but to take advantage of this you will first need to pay to install your system. The installation cost is just one important factor you should take into account when looking into installing solar panels. How much it'll cost and how much you can save depend on things such as:

• Your income and budget: This guides what model of solar panels you can afford.
• 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.
• Incentives: The federal solar investment tax credit currently lets you decrease your taxes by 30% of the project cost. Your state and even local utility companies may also have incentives and rebates that you can take advantage of. In addition, you can save about $18,000 over 20 years on your utility bills, without incentives.
• The amount of sunlight your roof gets: This, along with how your roof is set up, affects affect how much power your solar panels can produce.

Even though a solar panel system costs a sizable chunk of money upfront, it can save you thousands of dollars over time. The question of how much, though, depends on a number of factors, including the size of your solar panel system and your current power bills.

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 the table below, you can see the incentives you qualify for in your area.

Environmental Impact of Switching to Solar in Cramerton

Making the switch to solar power is a compelling way to do your part for a more eco-friendly future. A question many homeowners might be asking themselves is how much can they really help protect the environment by going solar anyway? If your family uses a lot of energy, you can help the environment even more by switching to solar power. While solar panel production releases carbon dioxide emissions, the panels make up for it by considerably decreasing the amount of CO2 you would have been responsible for if you still used traditional energy. In Cramerton, you can reduce your carbon footprint by 60 pounds a year with solar panels. The perks of solar power are infinite — just like solar power is! That's why so many Cramerton residents have been happy with using solar energy.