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

The Cost and Benefits of Solar in Newton

For lots of homeowners, whether or not to invest in a solar energy system comes down to the cost. Some significant things that affect how much it will cost and how much you could save include:

• Your energy consumption: If your family needs to use a lot of energy, you'll benefit more from installing solar panels.
• Incentives: Tax-paying citizens who install a solar system this year can save 30% of their solar installation costs by taking advantage of the federal solar investment tax credit. You can also save about $18,000 on your energy bills over 20 years not including incentives.
• Average daily sunlight: Since Newton 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.
• The kind of solar panel system you can purchase: This hinges on how much you're willing to invest upfront.

Solar is a valuable investment for most homeowners. You can make your own electricity instead of paying for it from the grid and take advantage of solar incentives and rebates, all while helping preserve the planet.

Solar Incentives in Newton

In an effort to increase the number of homes and businesses that use solar power, federal, state and local governments — and even some utility companies — offer incentives to help make solar power more economically viable and accessible. When you install a solar panel system, you can claim the federal tax credit, or ITC. This credit currently lets you lower your tax bill by 30% of the cost of your solar panels. In addition, there may often be some state and city incentives that you can use to further cut back on the cost of solar of solar panels. You can find out about the incentives you can use in our article on solar incentives

Environmental Impact of Switching to Solar in Newton

Switching to solar energy can have a meaningful impact on the environment. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Newton, though. Regardless of your location, you can help save the environment by switching to solar energy, but homes that consume a lot of energy will have an even greater impact. Since solar panels don't release CO2 emissions into the atmosphere when producing electricity, they're a good substitute for traditional energy sources. In fact, you could lower your carbon dioxide emissions by about 60 pounds each year. Since solar power is plentiful and produces electricity without a carbon footprint, installing solar panels is one easy step you can take to help preserve the environment.