14 Best Solar Companies in Lewisville, NC (Oct 2022 Review)

The Cost and Benefits of Solar in Lewisville

When choosing a solar company, most homeowners or business owners think about the costs above all. 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 such as:

• Energy consumption: Installing solar panels may be too pricey an investment for homes that don't consume too much energy per month.
• System size and type: Some models are more costly than others, so the one you want can raise or lower your initial investment. Plus, the more solar panels you need, the more it'll cost.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which gives you a tax credit currently worth 30% of your overall installation cost, your local government may offer additional tax exemptions, credits or rebates that will help you save even more. Excluding incentives, you can save an average of $19,000 over the first 20 years with your system, too.
• The amount of sunlight your roof gets: This, plus the configuration of your roof, affects affect how much energy your solar panels can generate.

Solar is a fruitful investment for most homeowners. You can generate your own electricity instead of paying for it from a utility company and take advantage of solar incentives, all while helping preserve the Earth.

Solar Incentives in Lewisville

If you're thinking about making the switch to solar energy, several government incentives and tax credits can drastically lower the installation costs and speed up the return on your investment. On top of the federal solar investment tax credit, there are also some state- and city-level programs, which in almost all cases, can be claimed in addition to the federal incentive, so you get to save even more. Our article on solar incentives has more in-depth information on the incentives you can find in Lewisville.

Environmental Impact of Switching to Solar in Lewisville

If you're considering adding solar panels to your home, one of the primary reasons why may be to reduce your greenhouse gas emissions. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Lewisville, though. In a city like Lewisville where energy use is particularly high, switching to solar energy is a good plan for those who care about the planet. In fact, if you install solar panels, you could expect to reduce your carbon dioxide emissions by about 60 pounds each year. Since solar energy is abundant and makes electricity without CO2 emissions, making the switch to solar power is one easy step you can take to help the environment.