17 Best Solar Companies in Waxhaw, NC (Jan 2023 Review)

The Cost and Benefits of Solar in Waxhaw

For many homeowners, whether or not to invest in a solar energy system boils down to the cost. The overall price and potential savings vary depending on a few important factors such as:

• Your home's orientation toward the sun: This, plus the configuration of your roof, affects affect how much energy your solar panels can generate.
• Energy consumption: Solar may be too pricey an option for homes that don't need too much energy each month.
• The type and model of solar panels you want to get: Higher-efficiency panels are more highly priced, so that will affect your budget for your solar project.
• Incentives: Those who purchase and install a solar energy system this year can save 30% of their installation costs by taking advantage of the federal solar investment tax credit. You can also save about $19,000 on your utility bills over 20 years not including incentives.

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

Solar Incentives in Waxhaw

If you're thinking about switching to solar energy, a number of government incentives and state programs can dramatically reduce your project costs and expedite the return on your investment. You qualify for the federal solar investment tax credit (ITC) for the tax year you turn on your a solar system. You can also potentially pair the ITC with other state and city incentives. For comprehensive information about incentives that apply to you, check out our our article on solar incentives.

Environmental Impact of Switching to Solar in Waxhaw

One of the best reasons to tap into solar energy is to minimize your reliance on nonrenewable energy sources like burning fossil fuels, which are destructive for the environment. But you may be wondering — how much exactly can you help by going solar? In a city like Waxhaw where commute times can be very long, installing solar panels can help offset some of your carbon dioxide emissions from driving. In Waxhaw, the average person can reduce their carbon footprint by 60 pounds a year once they go solar. The great things about solar power are plentiful — just like solar power is! That's why so many homeowners have been happy with making the switch to solar.