16 Best Solar Companies in Mebane, NC (Mar 2023 Review)

The Cost and Benefits of Solar in Mebane

For most homeowners, the decision to invest in solar energy depends the most on the cost. The cost of solar and the savings it generates vary depending on some important factors such as:

• Choice of solar panels: The type of solar panels you choose will affect your total cost. High-efficiency monocrystalline panels will cost more upfront but can also save you more money 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.
• Energy consumption: Installing solar panels may be an expensive option for families that don't use a good amount of energy a month.
• Incentives: Something that can reduce the cost of your solar project is the solar investment tax credit (ITC), which is a tax credit that's equal to a percentage of the project cost. You can also save money on your energy bills, which can give you an average of $18,000 of savings over 20 years.
• The amount of sunlight your roof gets: This, plus your roof configuration, affects affect how much electricity your solar panels can generate.

Solar is a rewarding investment for most homeowners. You can produce your own energy instead of paying for it from a utility company and make use of solar incentives and rebates, all while helping the planet.

Solar Incentives in Mebane

In order to increase solar panel installation and usage, incentives are offered by the government — and even some utility companies — to help make going solar more economical and accessible. When you install a solar panel system, you can claim the federal tax credit, or ITC. This credit currently lowers your tax bill by 30% of the cost of your solar panels. Additionally, there are often some regional incentives that you can benefit from to further cut back on the cost of solar of solar panels. You can learn about the incentives you can take advantage of in our article on solar incentives

Environmental Impact of Switching to Solar in Mebane

Switching to solar energy can have a positive effect on the environment. But you may be curious — how much exactly can you help the environment by using solar power? If your home consumes a lot of energy, you can impact the environment even more by switching to solar power. In Mebane, the average person can lower their carbon footprint by 60 pounds a year after going solar. For those who want to help the environment, the upfront cost of solar is a small price to pay for offsetting your carbon emissions.