11 Best Solar Companies in Newport, NC (Oct 2022 Review)

The Cost and Benefits of Solar in Newport

For many people considering switching to solar, the decision of which solar company to go with depends on pricing. The installation cost is just one important factor you should consider when looking into installing solar panels. How much it'll cost and how much you can save depend on things including:

• System size and type: Some models are more pricy than others, so the one you choose can raise or lower your upfront cost. Plus, the more solar panels you need to get, the more it'll cost.
• Incentives: Tax-paying citizens who purchase and install a solar energy system this year can save 30% of their installation costs by taking advantage of the federal solar investment tax credit. You can also save about $19,000 on your energy bills over 20 years not including incentives.
• Typical energy usage: The more power your household uses on average and the steeper your current power bills are, the more likely you'll benefit from switching to solar.
• Average daily sunlight: Since Newport gets lots of sunlight, your solar panel system will most likely be able to generate enough energy to power your whole home, which impacts how much your solar panels can save you on your electricity bills.

As a result of solar panels now being cheaper than ever as well as local and federal solar incentives, they are a cost-effective investment for the majority of homeowners.

Solar Incentives in Newport

There are many reasons why you should switch to solar. One of them involves some government incentives that can help save you some money. No matter what state you live in, you can take advantage of the federal Solar Investment Tax Credit (ITC), which allows you to claim 30% of how much your solar project cost on your tax return, reducing the amount of taxes you owe that year. In addition, there may be some local incentives you can benefit from too. The table below lists out the incentives you can find in Newport.

Environmental Impact of Switching to Solar in Newport

If you're thinking of adding solar panels to your home, one of the principal reasons why may be to reduce your carbon dioxide emissions. But how much can switching to solar actually affect the environment? No matter where you are, you can help protect the planet by switching to solar energy, but homes that use a lot of energy will have a bigger impact. In Newport, the average person can reduce their carbon footprint by 70 pounds a year once they go solar. As you can see, investing in solar has so many other perks besides saving money. One of the most important ones is that you can help save the planet too.