17 Best Solar Companies in Waxhaw, NC (Aug 2022 Review)

The Cost and Benefits of Solar in Waxhaw

When deciding on a solar company, most homeowners or business owners wonder about the costs above all. The cost and possible savings vary depending on some important factors such as:

• The kind of solar panels you want to get: More high-tech panels are more expensive, so that will affect your budget for your solar project.
• Incentives: Tax-paying citizens who install a solar system this year can save 26% of their total solar spend by taking advantage of the federal solar investment tax credit. You can also save about $19,000 on your electricity bills over 20 years not including incentives.
• Whether or not your roof gets a lot of direct sunlight: This, along with how your roof is set up, affects affect how much power your solar panels can produce.
• How much power your household consumes: Households that consume a lot of electricity each month may call for more solar panels and, therefore, more upfront cost, but will also save more on their energy bills over time.

As a result of solar panels decreasing in cost as well as local and federal solar incentives, they are a cost-effective investment for the majority of homeowners.

Solar Incentives in Waxhaw

If you're considering switching to solar energy, a variety of government incentives and tax credits can immensely lower the cost of the project and speed up the return on your investment. 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. You can find out about the incentives available to you in the table below.

Environmental Impact of Switching to Solar in Waxhaw

There are many reasons to switch to solar energy, like saving on electricity bills and helping to lower your carbon footprint. You may be asking yourself — how much does making the switch do for the planet anyway? An important thing to think about is your overall carbon footprint. For example, if your commute is very long, your footprint may be larger, so switching to solar power for your house can help offset that. In fact, if you make the switch to solar power, you could look forward to lowering your carbon dioxide emissions by about 60 pounds each year. For homeowners who are concerned about the environment, the upfront cost of solar is a small price to pay for reducing your carbon footprint.