16 Best Solar Companies in Wilmington, NC (Mar 2023 Review)

The Cost and Benefits of Solar in Wilmington

We know that for lots of homeowners, the choice to invest in solar rests on installation costs. The installation cost is just one important factor you should keep in mind when looking into getting solar panels. How much it'll cost and how much you can save depend on things including:

• Average daily sunlight: Since Wilmington gets lots of sunlight, your solar panel system will most likely be able to generate enough energy to power your whole home, which affects how much your electricity bills will be.
• The model of solar panels you want: More efficient panels are more costly, so that will determine your budget for your solar project.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you deduct 30% of your overall installation cost, your local government may offer additional tax exemptions, credits or rebates that can help you save even more. Not including incentives, you can save an average of $19,000 over the first 20 years with your solar system, too.
• Energy consumption: Installing a solar system may be a high-cost investment for families that don't use too much energy per month.

So is a solar panel system worth it? Whether you're trying to lower your electric bills, carbon dioxide emissions or both, solar panels are a great investment for many Wilmington homeowners.

Solar Incentives in Wilmington

In an effort to increase the number of homes and businesses that use solar power, incentives are offered by the government — and even some utility companies — to help make going solar more affordable and accessible. State and city solar incentives depend on the location and, sometimes, utility company. A lot of states offer rebates for solar power, in addition to the federal solar tax credit. Take a look at our article on solar incentives to learn what incentives you can benefit from.

Environmental Impact of Switching to Solar in Wilmington

One of the best reasons to embrace solar power is to cut your reliance on traditional energy sources like burning fossil fuels, which are harmful for the environment. But how much can installing solar panels actually help the environment? Everyone can help protect the planet by switching to solar energy, but homes that consume more energy will have a bigger impact. When you go solar, your carbon emissions can be reduced by about 70 pounds each year. The good things about solar power are abundant — just like solar power is! That's why so many homeowners have been happy with using solar energy.