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

The Cost and Benefits of Solar in Elroy

For a lot of homeowners, whether or not you should invest in solar panels depends the most on the cost. Some significant things that determine how much it will cost and how much you could save include:

• Electricity consumption: The average household in Elroy uses a lot of energy, and as a result may see more savings on electricity bills than other places.
• Choice of solar panels: The kind of solar panels you buy 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.
• Your current electric bills: Solar panels can noticeably reduce, or completely eradicate, your utility bills. In Elroy, you can save an average of $107 a month.
• The amount of sunlight your house gets: Because of Elroy's high amount of average daily sunlight, you should be able to save a decent amount on your electric bills.

Though a solar panel system costs a good chunk of money upfront, it can save you a considerable amount over the lifespan of your panels. The question of how much, though, depends on a number of factors, such as the size of your solar panel system and incentives.

Solar Incentives in Elroy

There are several reasons why going solar is a great investment. One of them consists of some government incentives you can take advantage of. When you install solar panels, you can take advatage of the federal tax credit, or ITC. This credit currently lets you reduce your tax bill by 30% of the cost of your solar panels. In addition, there may often be some state and city incentives that you can benefit from to further save. In our article on solar incentives, you can read about the incentives you qualify for in your area.

Environmental Impact of Switching to Solar in Elroy

One of the reasons so many homeowners are thinking of going solar is to help reduce their environmental impact. But how much can switching to solar actually help the environment? Your energy usage is a key factor to think about. The more power your household consumes, the bigger your impact when you go solar. Since solar panels don't release CO2 emissions into the atmosphere when creating electricity, they're a good alternative to traditional energy sources. In fact, you could look forward to lowering your carbon dioxide emissions by about 60 pounds each year. Since energy from the sun is renewable and makes electricity without a carbon footprint, making the switch to solar power is one easy step you can take to help protect the planet.