17 Best Solar Companies in Kannapolis, NC (Jul 2022 Review)

The Cost and Benefits of Solar in Kannapolis

While solar panels can help save you money on energy bills over time, it's important to consider the upfront costs. Some main factors that affect the cost of installing a solar panel system on your home and how much money you could save over time are:

• Incentives: Tax-paying citizens who purchase and install a solar energy system this year can save 26% of their solar installation costs by using the federal solar investment tax credit. You can also save about $17,000 on your energy bills over 20 years not including incentives.
• How much power your household consumes: Households that consume lots of energy each month may need more solar panels and, as a result, be more expensive, but will also benefit more over time.
• The amount of sunlight your roof gets: If your roof gets limited direct sunlight, your solar panels won't be able to generate as much energy, which will leave you with lower savings on electricity bills than a house with a roof that gets a lot of sunlight.
• Your income and budget: This shapes what model of solar panels you can buy.

Although a solar panel system costs a decent chunk of money upfront, it can save you thousands of dollars in the long term. The question of how much, though, depends on a number of factors, such as the size of your solar panel system and your current power bills.

Solar Incentives in Kannapolis

Although solar power is typically a large investment, it can save you a significant amount of money over the lifespan of your solar panels because of smaller power bills and government incentives. On top of the federal solar investment tax credit, there are also some local benefits, which in almost all cases, stack with the federal incentive, so you get to save even more. You can learn about the incentives available to you in the table below.

Environmental Impact of Switching to Solar in Kannapolis

Many want to do their part to help save the environment, which in many cases is the primary motivation to install solar panels. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Kannapolis, though. In a place like Kannapolis where commute times can be pretty long, going solar can help help reduce the carbon footprint of driving. Once you go solar, your carbon dioxide emissions can be lowered by about 60 pounds each year. For people who want to help the environment, the upfront cost of solar is a small price to pay for reducing your carbon footprint.