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

The Cost and Benefits of Solar in Davidson

The cost of installing a solar panel system has decreased immensely in the past few years, but it's still a large investment for most homeowners. The installation cost is just one important factor you should bear in mind when looking into installing solar panels. How much it'll cost and how much you can save depend on things such as:

• Whether or not your roof gets a lot of direct sunlight: This, plus your roof configuration, affects affect how much power your solar panels can produce.
• Electricity consumption: The average household in Davidson uses a lot of energy, and so may see more savings on electricity bills than other places.
• The type of solar panels you have the money for: This hinges on how much you're willing to spend upfront.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you receive a tax credit curretnly worth 30% of your total installation cost, your state or local government may offer additional tax exemptions, credits or rebates that will help you save even more. Excluding incentives, you can save an average of $17,000 over 20 years with your solar system, too.

Solar is a fruitful investment for most homeowners. You can generate your own electricity instead of paying for it from a utility company and take advantage of solar incentives, all while helping the environment.

Solar Incentives in Davidson

If you're considering making the switch to solar power, a variety of government incentives and tax credits can immensely bring down your project costs and speed up the return on your investment. These incentives usually include cash rebates, tax breaks and/or performance-based incentives. They can cut how much you pay for going solar by 26 to 50% in some cases. In the table below, you can see the incentives you qualify for in Davidson.

Environmental Impact of Switching to Solar in Davidson

An important reason so many homeowners are thinking of installing solar panels is to help reduce their environmental impact. But how much can using solar energy instead of traditional energy actually help the environment? The average person has a rather large carbon footprint. Between their car, which releases over 10,000 pounds of carbon dioxide emissions a year, and electricity for their home, it can be overwhelming to think about what to do. Going solar is a simple thing you can do to help. Though making solar panels emits carbon dioxide, the panels make up for it by significantly lowering the amount of CO2 you would have produced if you still used traditional energy. In Davidson, you can reduce your carbon footprint by 60 pounds a year with solar panels. If you want to do what you can for the environment, you'll no doubt understand that there are many benefits of adopting solar power other than just saving money on electricity. You can also help protect the environment, which some would argue is invaluable.