18 Best Solar Companies in Goldsboro, NC (Mar 2023 Review)

The Cost and Benefits of Solar in Goldsboro

Although solar panels can help save you a good amount of money on energy bills over time, it's important to consider the startup costs. The overall price and potential savings vary depending on a few important factors such as:

• Your income and budget: This affects what model of solar panels you can afford.
• The amount of sunlight your rooftop gets: Because of Goldsboro's high amount of average daily sunlight, you should be able to save a decent amount on your power bills.
• Incentives: Something that can save you money on your solar project is the solar investment tax credit (ITC), which is a tax credit that lets you deduct from your taxes a percentage of the project cost. You can also save a decent amount of money on your utility bills, which can give you an average of $17,000 of savings over 20 years.
• Electricity consumption: The average household in Goldsboro uses a lot of energy, and therefore may see more savings on electricity bills than other places.

There are lots of great benefits of solar despite the initial cost of installation. It can help the environment and your finances. Plus, it can raise the value of your home, leading to even more benefits if you want to sell your home later.

Solar Incentives in Goldsboro

Although installing solar panels is typically a big investment, it can save you a significant amount of money over several years due to reduced utility bills and government incentives. Local solar incentive programs depend on the location and, sometimes, utility company. Many states offer rebates for home solar power systems, in addition to the federal solar tax credit. Our article on solar incentives has more information on the incentives you can find in Goldsboro.

Environmental Impact of Switching to Solar in Goldsboro

There are tons of reasons to trade traditional energy for solar power, like saving on utility bills and helping to lower your carbon footprint. But — how much exactly can you help by using solar power? No matter where you are, you can help protect the environment by switching to solar energy, but homes that use more energy will have a bigger impact. Even though solar panel production emits carbon dioxide, the panels make up for it by considerably reducing the amount of CO2 you would have been responsible for if you still used nonrenewable energy. In Goldsboro, you can reduce your carbon footprint by 60 pounds a year with solar panels. For people who care about the environment, the upfront cost of solar is a small price to pay for reducing your carbon footprint.