11 Best Solar Companies in Indian Trail, NC (Mar 2023 Review)

The Cost and Benefits of Solar in Indian Trail

Solar panels run off a free energy source — the sun — but to take advantage of this you first need to pay to install your panels. There are a few factors you should consider when determining costs and your potential savings, including:

• Incentives: The federal solar investment tax credit currently lets you lower your taxes by 30% of the project cost. Your state and even local utility companies may also have incentives and rebates that you can benefit from. Plus, you can save about $18,000 over 20 years on your utility bills, before factoring in incentives.
• Your home's orientation toward the sun: This, and how your roof is set up, affects affect how much electricity your solar panels can produce.
• Choice of solar panels: The type of solar panels you need will affect your total cost. High-efficiency monocrystalline panels are more expensive upfront but can also lead to more savings over the lifetime of your system. If space isn't a constraint for your project, you can go with a higher number of more affordable panels.
• How much power your home consumes: Homes that use a lot of electricity each month may call for more solar panels and, consequently, be more expensive, but will also benefit more over time.

Even though a solar panel system costs a good chunk of money upfront, it can save you much more over the lifespan of your panels. The question of how much, though, depends on several factors, such as the kind of solar panels you get and your current power bills.

Solar Incentives in Indian Trail

If you're planning on making the switch to solar energy, a variety of government incentives and tax credits can drastically lower the installation costs and speed up the return on your investment. You are eligible for the federal solar investment tax credit (ITC) for the tax year you turn on your a solar panel system. You can also potentially pair the ITC with other local rebates and benefits. For comprehensive information about incentives for homeowners in Indian Trail, visit our our article on solar incentives.

Environmental Impact of Switching to Solar in Indian Trail

Swapping traditional energy for solar is a powerful way to do your part for a greener future. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Indian Trail, though. The more energy your household uses, the better off the planet will be if you switch to solar since you won't have to rely on traditional energy sources as much. Since solar panels don't release carbon dioxide emissions into the atmosphere when creating electricity, they're a good alternative to traditional 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 Indian Trail residents have been happy with making the switch to solar.