18 Best Solar Companies in Loudon, NH (Oct 2022 Review)

The Cost and Benefits of Solar in Loudon

We get that for most homeowners, the decision to invest in solar highly depends on installation costs. There are several factors you should take into consideration when trying to determine the overall cost and how much you can save, including:

• Whether or not your roof gets a lot of direct sunlight: This, plus the configuration of your roof, affects affect how much energy your solar panels can generate.
• Your current power bills: Solar panels can noticeably lower, or totally get rid of, your utility bills. In Loudon, you can save an average of $83 a month.
• Incentives: The federal solar investment tax credit, which everyone in the U.S. is eligible for, lets you deduct 30% of the cost of your solar system installation from your taxes. Additionally, not including incentives, you can save about $19,000 over 20 years on your energy bills.
• System size and type: Some models are more costly than others, so the one you decide on can raise or lower your upfront cost. Plus, the more solar panels you need to get, the more it'll cost.

So is installing solar panels worth it? Whether you're trying to reduce your electric bills, carbon emissions or both, solar panels are a worthwhile investment for many Loudon homeowners.

Solar Incentives in Loudon

Because solar power is better for the environment than fossil fuels, there are quite a few government incentives in place to encourage people to make the switch. These incentives mostly include cash rebates, tax breaks and/or performance-based incentives. They can reduce how much you pay for going solar by 26 to 50% in some cases. Check out the table below to see what incentives you can take advantage of.

Environmental Impact of Switching to Solar in Loudon

One of the reasons so many homeowners consider switching to solar power is to help bring down their environmental impact. Something many people might be wondering about is how much can they really help save the environment by going solar anyway? A key thing to be mindful of is your overall carbon footprint. For example, if you spend a lot of time driving to work, your footprint may be greater, so switching to solar power for your house can help offset that. In fact, if you make the switch to solar power, you could reduce your carbon dioxide emissions by about 40 pounds each year. As you can see, investing in solar has so many other benefits beyond saving money. One of the main ones is that you can help save the planet too.