18 Best Solar Companies in Wingate, NC (Oct 2022 Review)

The Cost and Benefits of Solar in Wingate

We get that for most homeowners, the decision to invest in solar rests on installation costs. The cost of solar and the savings it generates vary depending on some key factors such as:

• average energy usage: The more energy your home uses on average and the larger your current energy bills are, the more likely you'll benefit from going solar.
• Where your home is: This influences how much sunlight your roof receives, which helps determine how many panels you need.
• Incentives: The federal solar investment tax credit, which everyone qualifies for, lets you deduct 30% of the cost of installing your solar panel system from your federal taxes. In addition, not including incentives, you can save about $19,000 over 20 years on your energy bills.
• The kind of solar panels you're thinking of getting: More efficient panels are more expensive, so that will determine your budget for your solar project.

Due to the cost of solar panels being lower than before as well as various solar incentives, they are a worthwhile investment for the majority of homeowners.

Solar Incentives in Wingate

In order to increase the number of homes and businesses that use solar power, federal, state and local governments — and even some utility companies — offer incentives to help make solar more economical and accessible. Local solar incentive programs vary by location and, sometimes, utility company. Many states offer rebates for solar panels, in addition to the federal solar tax credit. You can find out about the incentives you can take advantage of in the table below.

Environmental Impact of Switching to Solar in Wingate

One of the most compelling reasons to use solar power is to minimize your dependence on traditional energy sources like burning fossil fuels, which are hazardous for the environment. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Wingate, though. In a city like Wingate where energy use is particularly high, going solar is a fantastic plan for people who are worried about the state of the planet. Once you go solar, your carbon dioxide emissions can be reduced by about 60 pounds every year. As you can see, going solar has so many other benefits outside of saving money. One of the main ones is that you can help save the planet too.