18 Best Solar Companies in Porters Neck, NC (Mar 2023 Review)

The Cost and Benefits of Solar in Porters Neck

For most homeowners, the decision to invest in solar energy depends the most on the cost. Some important factors that dictate the cost of installing a solar panel system on your home and how much it could save you over time include:

• The amount of sunlight your roof gets: This, and your roof configuration, affects affect how much electricity your solar panels can generate.
• Your energy bills: This will affect how much you can save. In Porters Neck, the average resident can save about $1,200 a year on their electricity bills.
• How much energy your household consumes: Households that consume plenty of electricity each month may require more solar panels and, as a result, more upfront cost, but will also enjoy more savings over time.
• Incentives: One thing that can save you money on your solar project is the solar investment tax credit (ITC), which is a tax credit that lets you deduct from your taxes a percentage of the project cost. You can also save on your utility bills, which can generate an average of $18,000 of savings over 20 years.

There are several good benefits of solar even with the upfront cost of installation. It can help the environment and your wallet. In addition, it can increase the value of your home, giving you even more benefits if you choose to sell your home later.

Solar Incentives in Porters Neck

If you're planning on making the switch to solar power, several government incentives and state programs can drastically bring down the installation costs and speed up the return on your investment. When you install a solar panel system on your house, you can take advatage of the federal tax credit, or ITC. This credit currently lowers your tax bill by 30% of the cost of your solar panels. Additionally, there may often be some regional incentives that you can use to further cut back on the cost of solar of solar panels. Our article on solar incentives has more information on the incentives you can take advantage of in Porters Neck.

Environmental Impact of Switching to Solar in Porters Neck

There are tons of reasons to trade traditional energy for solar power, like saving some money on electricity bills and helping to reduce your carbon footprint. You may be wondering — how much do solar panels help the environment anyway? Regardless of your location, you can help save the environment by switching to solar energy, but homes that use more energy will have an even bigger impact. Although solar panel production emits carbon dioxide, the panels make up for it by greatly lowering the amount of CO2 you would have produced if you still used nonrenewable energy. In Porters Neck, you can reduce your carbon footprint by 70 pounds a year with solar panels. As you can see, investing in solar has so many other perks apart from saving money. One of the primary ones is that you can help save the environment too.