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

The Cost and Benefits of Solar in Kannapolis

For many homeowners, the decision to invest in solar energy boils down to the cost. The installation cost is just one important factor you should keep in mind when looking into installing solar panels. How much it'll cost and how much you can save depend on things such as:

• Your income and budget: This affects what kind of solar panels you can buy.
• Your energy consumption: If your household regularly uses a lot of energy, you'll benefit more from switching to solar.
• The amount of sunlight your roof gets: If your rooftop gets limited direct sunlight, your solar system won't be able to make as much energy, which will leave you with lower savings on electric bills than someone with a roof that gets plenty of sunlight.
• Incentives: The federal solar investment tax credit, which everyone qualifies for, lets you deduct 30% of the cost of installing your solar panel system from your taxes. Additionally, not including incentives, you can save about $17,000 over 20 years on your energy bills.

So are solar panels worth it? Whether you hope to decrease your electric bills, carbon emissions or both, solar panels are a good investment for many Kannapolis homeowners.

Solar Incentives in Kannapolis

One of the great things about installing a solar panel system is earning federal and potentially state incentives. These incentives usually include cash rebates, tax breaks and/or performance-based incentives. They can cut the cost of installing solar panels by 26 to 50% in some cases. The table below lets you know about the incentives you can benefit from in Kannapolis.

Environmental Impact of Switching to Solar in Kannapolis

Making the switch to solar power is a good way to do your part for a more eco-friendly future. But you may be curious — how much exactly can you help the planet by making the switch to solar? The amount of energy you use is a key factor to keep in mind. The more power your household consumes, the bigger your impact when you make the switch to solar power. In fact, if you make the switch to solar power, you could be looking at reducing your carbon dioxide emissions by about 60 pounds each year. For people who are concerned about the environment, the upfront cost of solar is a small price to pay for offsetting your carbon emissions.