11 Best Solar Companies in Raleigh, NC (Aug 2022 Review)

The Cost and Benefits of Solar in Raleigh

For many people, the decision of which solar company to hire comes down to total costs. A few important factors that influence how much it will cost to install solar panels on your home and how much money you could save over time include:

• System size and type: Some models are more pricy than others, so the one you want can raise or lower your initial investment. Plus, the more solar panels you need to buy, the more it'll cost.
• Energy consumption: Solar may be an expensive option for families that don't need a good amount of energy a month.
• Incentives: Something that can save you money on your solar project is the solar investment tax credit (ITC), which is a tax credit that's equal to a percentage of the project cost. You can also save on your energy bills, which can generate an average of $17,000 of savings over 20 years.
• Whether or not your roof gets a lot of direct sunlight: This, along with the configuration of your roof, affects affect how much electricity your solar panels can make.

There are several wonderful benefits of solar in spite of the initial cost of installation. It can help the Earth and your finances. In addition, it can boost the value of your home, leading to even more benefits if you want to sell your home later.

Solar Incentives in Raleigh

In order to increase the adoption of solar power, federal and local governments — and even some utility companies — offer incentives to help make switching to solar power more financially viable and accessible. State and city solar incentives vary by location and, sometimes, utility company. Many states offer rebates for solar power, in addition to the federal solar tax credit. For comprehensive information about incentives that apply to you, check out the table below.

Environmental Impact of Switching to Solar in Raleigh

An important reason so many people are thinking of going solar is to help lower their environmental impact. But how much can switching to solar actually help the environment? One thing that can dramatically shape your carbon footprint is how long your commute is and how much you drive generally. If you install solar panels and have an electric car, you can greatly cut back on your carbon dioxide emissions by charging your car at home. In fact, if you make the switch to solar power, you could reduce your carbon dioxide emissions by about 60 pounds each year. If you want to do what you can for the environment, you'll likely recognize that there are many benefits of adopting solar energy other than just saving money on bills. You can also help protect the environment, which some would argue is priceless.