15 Best Solar Companies in El Cerro, NM (Jan 2023 Review)

The Cost and Benefits of Solar in El Cerro

For many readers, the decision of which solar installer to choose depends on pricing. The installation cost is just one important factor you should take into account when looking into installing solar panels. How much it'll cost and how much you can save depend on things including:

• The amount of sunlight your roof gets: This, along with your roof configuration, affects affect how much electricity your solar panels can make.
• Incentives: The federal solar investment tax credit currently lets you reduce your taxes by 30% of the project cost. Your state and even local utility companies may also have various incentives that you can use. Plus, you can save about $27,000 over 20 years on your utility bills, not including incentives.
• The kind of solar panel system you can buy: This depends on your income and budget.
• How much power your household needs: If your household uses a lot of energy, you'll see more savings from switching to solar.

Though a solar panel system costs a good 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, like the kind of solar panels you get and your local electricity rates.

Solar Incentives in El Cerro

There are several reasons why adopting solar power is beneficial. One of them includes some government incentives that can help save you some money. Everyone can take advantage of the federal Solar Investment Tax Credit (ITC), which will let you claim 30% of how much your solar project cost when you file taxes, reducing the amount of taxes you owe that year. In addition, there may be some state and city incentives that stack with the ITC too. In our article on solar incentives, you can see the incentives you qualify for near you.

Environmental Impact of Switching to Solar in El Cerro

There are tons of reasons to make the switch to solar energy, like saving on electricity bills and helping to reduce your carbon footprint. You may be asking yourself — how much do solar panels help the planet anyway? In a city like El Cerro where energy use is rather high, making the switch to solar power is a great idea for households who care about the planet. While solar panel manufacturing emits carbon dioxide, the panels make up for it by considerably reducing the amount of CO2 you would have produced if you still used nonrenewable energy. In El Cerro, you can reduce your carbon footprint by 100 pounds a year with solar panels. As you can see, investing in solar has so many other benefits besides saving money. One of the most important ones is that you can help save the Earth too.