18 Best Solar Companies in Mills River, NC (Jan 2023 Review)

The Cost and Benefits of Solar in Mills River

Solar panels run off a free energy source — the sun — but to take advantage of this you will need to pay to set up your system. Some key factors that dictate how much it will cost to install solar panels on your home and how much money you could save over time include:

• The amount of sunlight your city gets: Due to Mills River's very high amount of average daily sunlight, you should be able to save a lot on your energy bills.
• Your current energy bills: Solar panels can substantially reduce, or totally eliminate, your utility bills. In Mills River, you can save an average of $111 a month.
• Incentives: The federal solar investment tax credit currently allows you to decrease your taxes by 30% of the project cost. Your state and city may also have various incentives that you can benefit from. Additionally, you can save about $18,000 over 20 years on your utility bills, not including incentives.
• System size and type: Some models are more expensive than others, so the one you want can raise or lower your upfront cost. Plus, the more solar panels you need, the more it'll cost.

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

Solar Incentives in Mills River

Although installing solar panels is typically a $15,000 to $25,000 investment, it can save you a substantial amount of money over time due to lower energy bills and government incentives. You are eligible for the federal solar investment tax credit (ITC) for the tax year you turn on your a solar panel system. You can also possibly pair the ITC with other state and city rebates and benefits. For comprehensive information about incentives for homeowners in Mills River, visit our our article on solar incentives.

Environmental Impact of Switching to Solar in Mills River

Many want to do their part to help the planet, which in many cases is the main reason they're interested in installing a solar system. A question many might be thinking about is how much can they really help preserve the environment by switching to solar power anyway? Regardless of your location, you can help the planet by switching to solar energy, but homes that consume lots of energy will have an even greater impact. Since solar panels don't release CO2 emissions into the atmosphere when generating electricity, they're a good alternative to nonrenewable energy sources. In fact, you could lower your carbon dioxide emissions by about 60 pounds each year. The benefits of solar power are plentiful — just like solar power is! That's why so many homeowners have been happy with making the switch to solar.