14 Best Solar Companies in Davidson, NC (Feb 2023 Review)

The Cost and Benefits of Solar in Davidson

When picking a solar company, most homeowners or business owners care about the costs above all. There are quite a few factors you should consider when trying to determine how much it will cost and how much you can save, such as:

• Choice of solar panels: The kind of solar panels you want will affect your total cost. High-efficiency monocrystalline panels will cost more upfront but can also lead to more savings over the lifetime of your system. If space isn't a constraint for your project, you can opt for a higher number of more affordable panels.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which gives you a tax credit currently worth 30% of your overall installation cost, your local government may offer additional tax exemptions, credits or rebates that can help you save even more. Excluding incentives, you can save an average of $17,000 over the first 20 years with your system, too.
• The amount of sunlight your roof gets: This, plus your roof configuration, affects affect how much energy your solar panels can make.
• Your current electric bills: Solar panels can significantly lower, or totally get rid of, your utility bills. In Davidson, you can save an average of $102 a month.

As a result of solar panels decreasing in cost as well as various solar incentives, they are a solid investment for the majority of homeowners.

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 30%, upwards of 50% depending on your location. In our article on solar incentives, you can read about the incentives you qualify for near you.

Environmental Impact of Switching to Solar in Davidson

Going solar can have a beneficial effect on the environment. But how much can using solar energy instead of traditional energy actually help the environment? In a city like Davidson where energy use is particularly high, making the switch to solar power is a fantastic idea for people who want to do their part for the environment. 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.