16 Best Solar Companies in Corrales, NM (Feb 2023 Review)

The Cost and Benefits of Solar in Corrales

For many people, the decision of which solar company to hire depends on total costs. The cost of solar and the savings it generates vary depending on some important factors such as:

• Your home's power bills: Based on the very high monthly power bills in Corrales, you could save about $1,400 a year with solar.
• Average daily sunlight: Since Corrales gets lots of sunlight, your solar panel system will most likely be able to produce enough energy to power your whole home, which impacts how much your solar panels can save you on your electricity bills.
• Incentives: The federal solar investment tax credit currently lets you lower your taxes by 30% of the project cost. Your state and even local utility companies may also have incentives and rebates that you can benefit from. Plus, you can save about $24,000 over 20 years on your utility bills, without incentives.
• Energy consumption: Installing solar panels may be a high-cost investment for families that don't need a good amount of energy per month.

Although a solar panel system costs a sizable chunk of money upfront, it can save you thousands of dollars in the long term. The question of how much, though, depends on a number of factors, including the amount of daily direct sunlight available and your local electricity rates.

Solar Incentives in Corrales

There are many good reasons why adopting solar power is beneficial. One of them involves some government incentives that can save you money. State and city solar incentive programs depend on the location and, sometimes, utility company. A lot of states offer rebates for solar power systems, in addition to the federal solar tax credit. You can learn about the incentives you can take advantage of in our article on solar incentives

Environmental Impact of Switching to Solar in Corrales

Going solar can have a meaningful effect on the environment. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Corrales, though. In a city like Corrales where energy use is rather high, making the switch to solar power is a great idea for those who are worried about the state of the planet. In Corrales, the average homeowner can reduce their carbon footprint by 100 pounds a year after going solar. For people who want to help the environment, the upfront cost of solar is a small price to pay for offsetting your carbon emissions.