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

The Cost and Benefits of Solar in High Point

Solar panels run off a free energy source — the sun — but to take advantage of this you first need to pay to set up your panels. The installation cost is just one important factor you should take into account when looking into getting solar panels. How much it'll cost and how much you can save depend on things including:

• The type of solar panel system you can purchase: This depends on your income and budget.
• The amount of sunlight your roof gets: This, plus your roof configuration, affects affect how much energy your solar panels can make.
• Energy consumption: Installing a solar system may be too steep of an investment for families that don't use a lot of energy per month.
• Incentives: Tax-paying citizens who buy and install a solar system this year can save 30% of their total solar spend by using the federal solar investment tax credit. You can also save about $17,000 on your utility bills over 20 years not including incentives.

So are solar panels worth it? Whether you want to reduce your electricity costs, carbon dioxide emissions or both, solar panels are a good investment for many High Point homeowners.

Solar Incentives in High Point

Because solar power is a cleaner source of energy than fossil fuels, there are various government incentives available to encourage its adoption. When you install solar panels on your house, you can claim the federal tax credit, or ITC. This credit currently lets you lower your tax bill by 30% of the cost of your solar panels. Plus, there may often be some state and city incentives that you can take advantage of to further cut back on the cost of solar of solar panels. In our article on solar incentives, you can find out about the incentives you qualify for in High Point.

Environmental Impact of Switching to Solar in High Point

Replacing nonrenewable energy with solar power is a powerful way to do what you can for a more environmentally-friendly future. But how much can switching to solar actually affect the environment? If your home consumes lots of energy, you can have an even greater impact on the planet by switching to solar power. Since solar panels don't release greenhouse gas emissions into the atmosphere when producing electricity, they're a good trade for nonrenewable energy sources. In fact, you could look forward to lowering your carbon dioxide emissions by about 60 pounds each year. The great things about solar power are infinite — just like solar power is! That's why so many High Point residents have been happy with making the switch to solar.