13 Best Solar Companies in Ranlo, NC (Oct 2022 Review)

The Cost and Benefits of Solar in Ranlo

When choosing a solar company, most homeowners or business owners wonder about the costs the most. There are a few factors you should consider when trying to determine costs and your potential savings, such as:

• Choice of solar panels: The type of solar panels you get will affect your total cost. High-efficiency monocrystalline panels will cost more upfront but can also save you more money over the lifetime of your system. If space isn't a constraint for your project, you can go with a higher number of more affordable panels.
• How much sunlight your roof gets: If your rooftop doesn't get a lot of direct sunlight, your solar system won't be able to generate as much energy, which will leave you with lower savings on power bills than a house with a roof that gets lots of sunlight.
• Energy consumption: Installing a solar system may be a high-cost option for homes that don't consume a lot of energy each month.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which gives you a tax credit currently worth 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. Excluding 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 want to reduce your electricity costs, carbon dioxide emissions or both, solar panels are a worthwhile investment for many Ranlo homeowners.

Solar Incentives in Ranlo

Although solar power is typically a big investment, it can save you a substantial amount of money over many years because of smaller power bills and government incentives. On top of the federal tax credit incentive, there are also some local benefits, which in most cases, can be claimed in addition to the federal incentive, so you can save even more. Our article on solar incentives goes over more in-depth information on the incentives you can find in Ranlo.

Environmental Impact of Switching to Solar in Ranlo

Replacing nonrenewable energy with solar power is a powerful way to do what you can for a cleaner and more sustainable future. But you may be wondering — how much exactly can you help the planet by going solar? The average person has a considerable carbon footprint. Between their car, which releases over 10,000 pounds of carbon dioxide emissions a year, and powering their home, it can be overwhelming to figure out what to do. Switching to solar is a practical thing you can do to help. In fact, if you install solar panels, you could reduce your carbon dioxide emissions by about 60 pounds each year. The advantages of solar power are abundant — just like solar power is! That's why so many Ranlo residents have been happy with using solar energy.