15 Best Solar Companies in Northchase, NC (Mar 2023 Review)

The Cost and Benefits of Solar in Northchase

For most homeowners, the decision to invest in solar panels comes down to the cost. The overall price and potential savings vary depending on a few important factors such as:

• Typical energy usage: The more power your home uses on average and the higher your current power bills are, the more likely you'll benefit from making the switch to solar.
• The cost of energy for you: If your local electricity rates are quite high, there's a good chance you'll end up with a higher return on your investment in a solar panel system. In Northchase, you can save an average of $100 a month on your electricity bills.
• The amount of sunlight your roof gets: If your rooftop doesn't see much direct sunlight, your solar panels won't be able to generate as much energy, which will give you lower savings on electricity bills than a house with a roof that gets plenty of sunlight.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you deduct 30% of your total installation cost, your state or local government may offer additional tax exemptions, credits or rebates that can help you save even more. Aside from incentives, you can save an average of $18,000 over 20 years with your system, too.

So is installing solar panels worth it? Whether you're trying to decrease your electricity costs, greenhouse gas emissions or both, solar panels are a great investment for many Northchase homeowners.

Solar Incentives in Northchase

Because solar power is more sustainable than burning fossil fuels, there are a number of government incentives in place to encourage its adoption. When you install a solar panel system, you can take advatage of the federal tax credit, or ITC. This credit currently reduces your tax bill by 30% of the cost of your solar panels. In addition, there are often some state and city incentives that you can benefit from to further save. Take a look at our article on solar incentives to find out what incentives are available to you.

Environmental Impact of Switching to Solar in Northchase

One reason so many people consider switching to solar power is to help reduce their environmental impact. But you may be curious — how much exactly can you help the environment by using solar power? In a city like Northchase where energy use is particularly high, switching to solar energy is a great plan for homeowners who are eco-conscious. Because solar panels don't release carbon dioxide emissions into the atmosphere when producing electricity, they're a good alternative to traditional energy sources. In fact, you could expect to reduce your carbon dioxide emissions by about 70 pounds each year. For those who are concerned about the environment, the upfront cost of solar is a small price to pay for the offset carbon emissions.