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

The Cost and Benefits of Solar in Gastonia

When picking a solar company, most homeowners or business owners think about the costs the most. The installation cost is just one important factor you should take into account when looking into installing solar panels. How much it'll cost and how much you can save depend on things such as:

• Incentives: The federal solar investment tax credit, which everyone qualifies for, lets you deduct 26% of the cost of installing your solar panel system from your federal taxes. In addition, not including incentives, you can save about $18,000 over 20 years on your energy bills.
• Electricity consumption: The average home in Gastonia uses a lot of energy, and as a result may see more savings on electricity bills than other places.
• The amount of sunlight your roof gets: If your rooftop doesn't see much direct sunlight, your solar system won't be able to generate as much energy, which will leave you with lower savings on electric bills than someone with a roof that gets plenty of sunlight.
• The kind of solar panels you can afford: This is dependent on what your budget is.

As a result of the cost of solar panels being lower than before as well as local and federal solar incentives, they are a cost-effective investment for many homeowners.

Solar Incentives in Gastonia

If you're planning on making the switch to solar energy, a variety of government incentives and solar rebates can drastically lower the cost of the project and speed up the return on your investment. When you install solar panels on your home, you become eligible to claim the federal tax credit, or ITC. This credit currently lets you lower your tax bill by 26% of the cost of your solar panels. Additionally, there may often be some local incentives that you can take advantage of to further cut back on the cost of solar of solar panels. In the table below, you can see the incentives you qualify for in your area.

Environmental Impact of Switching to Solar in Gastonia

One of the best reasons to switch to solar energy is to cut your reliance on nonrenewable energy sources like burning fossil fuels, which are hazardous for the environment. But how much can installing solar panels actually affect the environment? A significant thing to be mindful of is your overall carbon footprint. For example, if your commute is very long, your footprint may be greater, so adopting solar power for your house can help offset that. In fact, if you install solar panels, you could expect to reduce your carbon dioxide emissions by about 60 pounds each year. Since energy from the sun is abundant and produces electricity without CO2 emissions, installing solar panels is one easy step you can take to help preserve the planet.