18 Best Solar Companies in Welcome, NC (Mar 2023 Review)

The Cost and Benefits of Solar in Welcome

The cost of putting up a solar panel system has gone down immensely over the past few years, but it's still a large investment for most homeowners. Some significant things that determine the cost and possible savings include:

• The model of solar panels you can purchase: This hinges on how much you're willing to spend upfront.
• How much power your household consumes: Households that consume lots of electricity each month may call for more solar panels and, consequently, more upfront cost, but will also enjoy more savings over time.
• How much sunlight your roof gets: If your rooftop doesn't get a lot of direct sunlight, your solar panels won't be able to produce as much energy, which will leave you with lower savings on electric bills than a house with a roof that gets lots of sunlight.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you receive a tax credit curretnly worth 30% of your overall installation cost, your 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 the first 20 years with your solar system, too.

As a result of solar panels decreasing in cost as well as several solar incentives, they are a solid investment for many homeowners.

Solar Incentives in Welcome

If you're planning on switching to solar energy, a number of government incentives and subsidies can dramatically lower your project costs and speed up the return on your investment. No matter what state you live in, you can take advantage of the federal Solar Investment Tax Credit (ITC), which will let you claim 30% of how much you paid for your solar installation on your tax return, reducing the amount of taxes you owe that year. In addition, there may be some local incentives that stack with the ITC too. Our article on solar incentives has more in-depth information on the incentives you can find in Welcome.

Environmental Impact of Switching to Solar in Welcome

Lots of people want to do their part to help the environment, which for many is the chief motivation to install solar panels. But how much can using solar energy instead of traditional energy actually help the environment? In a city like Welcome where energy use is particularly high, making the switch to solar power is a good plan for those who care about the planet. Once you go solar, your carbon footprint can be cut by about 60 pounds a year. As you can see, using solar power has so many other benefits apart from saving money. One of the most important ones is that you can help save the planet too.