13 Best Solar Companies in Eden, NC (Aug 2022 Review)

The Cost and Benefits of Solar in Eden

The cost of installing a solar panel system has decreased significantly over the past several years, but it's still a large investment for most homeowners. There are a few factors you should take into consideration when determining the overall cost and how much you can save, including:

• Your location: This influences how much sunlight your roof gets, which helps determine how many panels you need.
• System size and type: Some models are more expensive than others, so the one you want can raise or lower your upfront cost. Plus, the more solar panels you need to buy, the more it'll cost.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you receive a tax credit curretnly worth 26% of your overall installation cost, your local government may offer additional tax exemptions, credits or rebates that can help you save even more. Aside from incentives, you can save an average of $16,000 over the first 20 years with your solar panels, too.
• Energy consumption: Installing a solar system may be an expensive option for homes that don't use a lot of energy per month.

Solar is a worthwhile investment for most homeowners. You can make your own power instead of paying for it from a utility company and take advantage of solar incentives and rebates, all while helping protect the planet.

Solar Incentives in Eden

In order to increase the adoption of solar power, federal and local governments — and even some utility companies — offer incentives to help make switching to solar power more economically viable and accessible. When you install a solar panel system on your house, you can claim the federal tax credit, or ITC. This credit currently lowers your tax bill by 26% of the cost of your solar panels. In addition, there are often some local incentives that you can use to further save. Check out the table below to find out what incentives you can benefit from.

Environmental Impact of Switching to Solar in Eden

One of the best reasons to adopt solar energy is to cut your dependence on nonrenewable energy sources like burning fossil fuels, which are damaging for the environment. But how much can installing solar panels actually help the environment? The more power your house uses, the the more the environment will benefit when you switch to solar as you won't have to burn as many fossil fuels. If you go solar, your carbon emissions can be lowered by about 60 pounds a year. Since energy from the sun is renewable and generates electricity without a carbon footprint, making the switch to solar power is one easy step you can take to help preserve the environment.