12 Best Solar Companies in Huntersville, NC (Aug 2022 Review)

The Cost and Benefits of Solar in Huntersville

Solar panels are powered by a free energy source — the sun — but before you can take advantage of this you will first need to pay to set up your panels. Some key things that determine how much it will cost and how much you could save include:

• System size and type: Some models are more costly than others, so the one you choose can raise or lower your initial investment. Plus, the more solar panels you need to buy, the more it'll cost.
• Incentives: One thing that can make your solar project cost less is the solar investment tax credit (ITC), which is a tax credit that's equal to a percentage of the project cost. You can also save on your energy bills, which can generate an average of $17,000 of savings over 20 years.
• How much sunlight your roof gets: If your rooftop doesn't get a lot of direct sunlight, your solar panel system won't be able to make as much energy, which will give you lower savings on electric bills than a house with a roof that gets a lot of sunlight.
• How much energy your household consumes: Homes that use plenty of electricity each month may require more solar panels and, consequently, be more expensive, but will also save more on their energy bills over time.

As a result of solar panels now being cheaper than ever as well as local and federal solar incentives, they are a solid investment for many homeowners.

Solar Incentives in Huntersville

Because solar power is a cleaner source of energy than traditional energy sources, there are quite a few government incentives in place to encourage its adoption. When you install solar panels on your home, you can take advatage of the federal tax credit, or ITC. This credit currently lets you lower your tax bill by 26% of the cost of your solar panels. Plus, there are often some local incentives that you can benefit from to further cut back on the cost of solar of solar panels. You can find out about the incentives available to you in the table below.

Environmental Impact of Switching to Solar in Huntersville

If you're thinking of adding solar panels to your home, one of the major reasons why may be to reduce your reliance on nonrenewable energy. A question many people might be wondering about is how much can they really help preserve the environment by switching to solar power anyway? The more energy you use, the better off the planet will be if you switch to solar as you won't have to use as much nonrenewable energy. Since solar panels don't release greenhouse gas emissions into the atmosphere when creating 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. The perks of solar power are plentiful — just like solar power is! That's why so many people have been happy with using solar energy.