18 Best Solar Companies in Etowah, NC (Feb 2023 Review)

The Cost and Benefits of Solar in Etowah

Solar panels are powered by a free energy source — the sun — but to take advantage of this you must first pay to install your system. Some main factors that affect how much it will cost to install a solar panel system on your home and how much money you could save over time are:

• The amount of sunlight your roof gets: If your rooftop gets limited direct sunlight, your solar panels won't be able to produce as much energy, which will give you lower savings on power bills than someone with a roof that gets a lot of sunlight.
• System size and type: Some models are more expensive than others, so the one you get can raise or lower your initial investment. Plus, the more solar panels you need to buy, the more it'll cost.
• Energy consumption: Installing a solar system may be too steep of an investment for households that don't use too much energy a month.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you deduct 30% of your overall installation cost, your state or 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 $20,000 over 20 years with your solar system, too.

There are several wonderful benefits of solar even with the initial cost of installation. It can help the Earth and your finances. Additionally, it can boost the value of your home, resulting in even more benefits if you decide to sell your home later.

Solar Incentives in Etowah

Since solar power is a cleaner source of energy than traditional energy sources, there are some government incentives available to encourage its adoption. You can qualify for the federal solar investment tax credit (ITC) for the tax year you turn on your a solar system. You can also potentially stack the ITC with other local rebates and benefits. For comprehensive information about incentives that apply to you, visit our our article on solar incentives.

Environmental Impact of Switching to Solar in Etowah

One of the most compelling reasons to adopt solar power is to decrease your reliance on traditional energy sources like burning fossil fuels, which are destructive for the environment. You may be curious — how much does going solar help the environment anyway? In a city like Etowah where energy use is particularly high, going solar is a great idea for people who want to do their part for the environment. Because solar panels don't release carbon dioxide emissions into the atmosphere when producing electricity, they're a good alternative to traditional energy sources. In fact, you could reduce your carbon dioxide emissions by about 60 pounds each year. For those who care about the environment, the upfront cost of solar is a small price to pay for the offset carbon emissions.