12 Best Solar Companies in Valdese, NC (Oct 2022 Review)

The Cost and Benefits of Solar in Valdese

Solar panels run off a free energy source — the sun — but before you can take advantage of this you must first pay to set up your system. Some key things that affect the upfront cost and potential savings over time include:

• Incentives: Something that can make your solar project cost less 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 money on your utility bills, which can give you an average of $18,000 of savings over 20 years.
• Average daily sunlight: Since Valdese gets a decent amount of average daily sunlight, your solar panels can generally generate enough energy to power your whole home, which influences how much your electricity bills will be.
• The type of solar panels you can afford: This is dependent on how much you're willing to spend upfront.
• How much electricity your home consumes: Homes that consume lots of electricity each month may require more solar panels and, therefore, more upfront cost, but will also enjoy more savings over time.

Although a solar panel system costs a decent chunk of money upfront, it can save you a considerable amount over time. The question of how much, though, depends on a number of factors, like the angle of your roof and your current power bills.

Solar Incentives in Valdese

In an effort to increase the adoption of solar power, federal, state and local governments — and even some utility companies — offer incentives to help make solar more economically viable and accessible. State and city solar incentive programs depend on the location and, sometimes, utility company. Many states offer rebates for solar power systems, in addition to the federal solar tax credit. For detailed information about incentives that apply to you, see the table below.

Environmental Impact of Switching to Solar in Valdese

There are lots of reasons to switch to solar power, like saving some money on electricity bills and helping to lower your carbon footprint. Something many might be asking themselves is how much can they really help preserve the environment by switching to solar power anyway? The more power you use, the better off the planet will be if you switch to solar as you won't have to use as much nonrenewable energy. While solar panel production emits carbon dioxide, the panels make up for it by considerably reducing the amount of CO2 you would have been responsible for if you still used traditional energy. In Valdese, you can reduce your carbon footprint by 60 pounds a year with solar panels. For homeowners who care about the environment, the upfront cost of solar is a small price to pay for reducing your carbon footprint.