13 Best Solar Companies in Havelock, NC (Oct 2022 Review)

The Cost and Benefits of Solar in Havelock

Solar panels run off a free energy source — the sun — but to take advantage of this you first need to pay to install your system. A few important factors that affect how much it will cost to install solar panels on your home and how much it could save you over time include:

• The amount of sunlight your roof gets: This, and your roof configuration, affects affect how much energy your solar panels can generate.
• System size and type: Some models are more pricy than others, so the one you want can raise or lower your initial investment. Plus, the more solar panels you need to buy, the more it'll cost.
• Incentives: The federal solar investment tax credit currently allows you to decrease your taxes by 30% of the project cost. Your state and city may also have various incentives that you can use. Plus, you can save about $17,000 over 20 years on your utility bills, before factoring in incentives.
• Typical energy usage: The more electricity your household consumes on average and the higher your current electricity bills are, the more likely you'll benefit from making the switch to solar.

Due to solar panels now being cheaper than ever as well as various solar incentives, they are a worthwhile investment for many homeowners.

Solar Incentives in Havelock

Although a solar power system is typically a big investment, it can save you a lot of money over many years due to lower energy bills and government incentives. Regardless of where you live, you can take advantage of the federal Solar Investment Tax Credit (ITC), which will allow you to claim 30% of how much you paid for your solar installation on your tax return, reducing the amount of taxes you owe that year. In addition, there may be some local incentives that stack with the ITC too. In the table below, you can see the incentives you qualify for in Havelock.

Environmental Impact of Switching to Solar in Havelock

One reason so many homeowners are considering adopting solar energy is to help lower their environmental impact. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Havelock, though. The more power your household uses, the the more the environment will benefit from you switching to solar since you won't have to burn as many fossil fuels. Because solar panels don't release greenhouse gas emissions into the atmosphere when producing electricity, they're a good swap for nonrenewable energy sources. In fact, you could reduce your carbon dioxide emissions by about 60 pounds each year. The benefits of solar power are plentiful — just like solar power is! That's why so many Havelock residents have been happy with making the switch to solar.