18 Best Solar Companies in Lillington, NC (Sep 2022 Review)

The Cost and Benefits of Solar in Lillington

Solar panels are powered by a free energy source — the sun — but before you can take advantage of this you will need to pay to set up your system. The cost and possible savings vary depending on a few important factors such as:

• How much power your home consumes: Homes that need plenty of electricity each month may call for more solar panels and, as a result, more upfront cost, but will also benefit more over time.
• Average daily sunlight: Since Lillington gets a decent amount of average daily sunlight, your solar panels can generally generate enough energy to power your whole home, which impacts how much your electricity bills will be.
• Incentives: The federal solar investment tax credit currently lets you reduce your taxes by 30% of the project cost. Your state and city may also have incentives and rebates that you can take advantage of. In addition, you can save about $19,000 over 20 years on your utility bills, before factoring in incentives.
• System size and type: Some models are more expensive than others, so the one you choose can raise or lower your initial investment. Plus, the more solar panels you need, the more it'll cost.

So is installing solar panels worth it? Whether you hope to lower your energy bills, carbon emissions or both, solar panels are a good investment for many Lillington homeowners.

Solar Incentives in Lillington

Adopting solar power has many great benefits. Not only can it help preserve the environment, but you can also save a good amount of money on your installation with various government incentives. Local solar incentive programs vary by location and, sometimes, utility company. Many states offer rebates for solar panels, in addition to the federal solar tax credit. For comprehensive information about incentives for homeowners in Lillington, check out the table below.

Environmental Impact of Switching to Solar in Lillington

One of the best reasons to use solar power is to minimize your reliance on nonrenewable energy sources like burning fossil fuels, which are damaging for the environment. But you may be curious — how much exactly can you help the environment by going solar? How much energy you use is a significant factor to consider. The more power your home uses, the greater your impact when you go solar. 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. As you can see, using solar power has so many other rewards outside of saving money. One of the primary ones is that you can help save the environment too.