14 Best Solar Companies in Holly Springs, NC (Aug 2022 Review)

The Cost and Benefits of Solar in Holly Springs

For many people, the decision of which solar company to choose comes down to how much it'll cost. 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 model of solar panels you're thinking of getting: More efficient models cost more, so that will influence your budget for your solar project.
• Whether or not your roof gets a lot of direct sunlight: This, plus how your roof is set up, affects affect how much energy your solar panels can generate.
• Energy consumption: Solar may be too pricey an option for homes that don't use a good amount of energy each month.
• Your power bills: This will influence your savings. In Holly Springs, the average resident can save about $1,200 a year on their electricity bills.

So are solar panels worth it? Whether you'd like to lower your electricity costs, carbon emissions or both, solar panels are a worthwhile investment for many Holly Springs homeowners.

Solar Incentives in Holly Springs

Since solar power is a cleaner source of energy than burning fossil fuels, there are some government incentives available to encourage people to make the switch. Everyone can take advantage of the federal Solar Investment Tax Credit (ITC), which will let you claim 26% of how much your solar project cost on your tax return, lowering the amount of taxes you owe that year. In addition, there may be some local incentives that can save you some extra money too. You can find out about the incentives available to you in the table below.

Environmental Impact of Switching to Solar in Holly Springs

One of the best reasons to tap into solar energy is to reduce your dependence on nonrenewable energy sources like burning fossil fuels, which are damaging for the environment. You may be asking yourself — how much does making the switch help the planet anyway? If your home uses a lot of energy, you can impact the environment even more by switching to solar power. Because solar panels don't release greenhouse gas emissions into the atmosphere when producing electricity, they're a good substitute for traditional energy sources. In fact, you could be looking at reducing your carbon dioxide emissions by about 60 pounds each year. For people who care about the environment, the upfront cost of solar is a small price to pay for the offset carbon emissions.