11 Best Solar Companies in Midway, NC (Sep 2022 Review)

The Cost and Benefits of Solar in Midway

For many readers, the decision of which solar company to hire comes down to total costs. There are several factors you should take into consideration when trying to figure out costs and your potential savings, such as:

• Incentives: Tax-paying citizens who install a solar system this year can save 30% of their overall solar costs by taking advantage of the federal solar investment tax credit. You can also save about $18,000 on your utility bills over 20 years without incentives.
• Your income and budget: This shapes what model of solar panels you can purchase.
• Average daily sunlight: Since Midway gets a decent amount of average daily sunlight, your solar panels can generally generate enough energy to power your whole home, which influences how much you can save on your energy bills.
• Typical energy usage: The more power your household uses on average and the steeper your current power bills are, the more benefits you'll see from making the switch to solar.

Due to the cost of solar panels being lower than before as well as local and federal solar incentives, they are a sound investment for many homeowners.

Solar Incentives in Midway

If you're considering switching to solar power, a number of government incentives and subsidies can dramatically bring down the installation costs and expedite the return on your investment. There are several federal, state and local rebates and tax credits that may earn you some money in return after paying for a qualifying system. You can find out about the incentives you can take advantage of in the table below.

Environmental Impact of Switching to Solar in Midway

Many want to do what they can for the environment, which for many is the main motivation to install a solar system. But how much can using solar energy instead of traditional energy actually affect the environment? Everyone can help the environment by switching to solar energy, but homes that use more energy will have a bigger impact. Even though solar panel manufacturing emits carbon dioxide, the panels make up for it by significantly decreasing the amount of CO2 you would have released if you still used traditional energy. In Midway, you can reduce your carbon footprint by 60 pounds a year with solar panels. The perks of solar power are plentiful — just like solar power is! That's why so many people have been happy with using solar energy.