12 Best Solar Companies in Salisbury, NC (Sep 2022 Review)

The Cost and Benefits of Solar in Salisbury

For lots of homeowners, the decision to invest in solar energy depends the most on the cost. There are quite a few factors you should consider when trying to figure out how much it will cost and how much you can save, including:

• Choice of solar panels: The kind of solar panels you get will affect your total cost. High-efficiency monocrystalline panels will cost more upfront but can also lead to more savings over the lifetime of your system. If you don't need to maximize efficiency, you can go with a higher number of more affordable panels.
• How much sunlight your roof gets: If your roof doesn't see much direct sunlight, your solar system won't be able to generate as much energy, which will give you lower savings on electricity bills than someone with a roof that gets a lot of sunlight.
• Typical energy usage: The more electricity your household consumes on average and the larger your current electricity bills are, the more benefits you'll see from switching to solar.
• Incentives: The federal solar investment tax credit, which can save you some money, lets you deduct 30% of the cost of installing your solar panel system from your federal taxes. In addition, not including incentives, you can save about $17,000 over 20 years on your energy bills.

Solar is a profitable investment for most homeowners. You can produce your own energy instead of paying for it from a utility company and take advantage of solar incentives and rebates, all while helping protect the environment.

Solar Incentives in Salisbury

If you're considering switching to solar power, a variety of government incentives and subsidies can drastically lower the cost of the project and expedite the return on your investment. These incentives usually take the form of cash rebates, tax credits and/or solar renewable energy credits. They can cut how much you end up spending on installing solar panels by 26 to 50% in some cases. Take a look at the table below to learn what incentives you can benefit from.

Environmental Impact of Switching to Solar in Salisbury

Installing solar panels can have a beneficial impact on the environment. But how much can using solar energy instead of traditional energy actually help the environment? The EPA reports that electricity generation is the second largest source of greenhouse gas emissions and about 62% of our electricity is generated by burning fossil fuels. Installing solar panels and switching to renewable energy can help bring down that statistic in a city like Salisbury that is responsible for a sizable amount of carbon dioxide emissions each year. Since solar panels don't release carbon dioxide emissions into the atmosphere when creating electricity, they're a good alternative to traditional energy sources. In fact, you could look forward to lowering your carbon dioxide emissions by about 60 pounds each year. If you care about the environment, you'll likely find that there are many benefits of adopting solar energy other than just saving money on electricity. You can also help protect the environment, which some would argue is more valuable.