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

The Cost and Benefits of Solar in Morganton

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 install your panels. The overall price and potential savings vary depending on some important factors such as:

• Your income and budget: This guides what kind of solar panels you can afford.
• 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 various incentives that you can take advantage of. Additionally, you can save about $18,000 over 20 years on your utility bills, without incentives.
• Electricity consumption: The average home in Morganton uses a lot of energy, and as a result may see more savings on electricity bills than other places.
• Your home's orientation toward the sun: This, along with how your roof is set up, affects affect how much energy your solar panels can generate.

So is buying solar panels worth it? Whether you're trying to reduce your electric bills, greenhouse gas emissions or both, solar panels are a good investment for many Morganton homeowners.

Solar Incentives in Morganton

Because solar power is more sustainable than burning fossil fuels, there are several government incentives in place to encourage its adoption. These incentives mostly take the form of cash rebates, tax breaks and/or performance-based incentives. They can reduce the cost of going solar by 30%, upwards of 50% in some cases. You can learn about the incentives available to you in our article on solar incentives

Environmental Impact of Switching to Solar in Morganton

Installing solar panels can have a positive effect on the environment. You may be wondering — how much does going solar do for the environment anyway? If your household uses a lot of energy, you can help the environment even more by switching to solar energy. Even though solar panel manufacturing emits carbon dioxide, the panels make up for it by considerably lowering the amount of CO2 you would have produced if you still used nonrenewable energy. In Morganton, you can reduce your carbon footprint by 60 pounds a year with solar panels. For homeowners who want to help the environment, the upfront cost of solar is a small price to pay for offsetting your carbon emissions.