17 Best Solar Companies in Cold Springs, NV (Feb 2023 Review)

The Cost and Benefits of Solar in Cold Springs

For lots of homeowners, whether or not to invest in solar panels depends the most on the cost. There are several factors you should take into consideration when trying to determine how much it will cost and how much you can save, such as:

• The amount of sunlight your roof gets: Because of Cold Springs' very high amount of average daily sunlight, you should be able to save a lot on your energy bills.
• The model of solar panels you can afford: This hinges on how much you're willing to spend upfront.
• Incentives: One thing that can reduce the cost of your solar project is the solar investment tax credit (ITC), which is a tax credit that's equal to a percentage of the project cost. You can also save on your energy bills, which can give you an average of $25,000 of savings over 20 years.
• How much you spend on energy: The typical family in Cold Springs shells out around $1,600 a year on home energy use alone, so you could end up with that much in savings.

So is installing solar panels worth it? Whether you're trying to reduce your energy bills, carbon dioxide emissions or both, solar panels are a great investment for many Cold Springs homeowners.

Solar Incentives in Cold Springs

In an effort to increase the number of homes and businesses that use solar power, federal and local governments — and even some utility companies — offer incentives to help make switching to solar power more economical and accessible. You are eligible for the federal solar investment tax credit (ITC) for the tax year you turn on your a solar panel system. You can also possibly stack the ITC with other local rebates and benefits. In our article on solar incentives, you can see the incentives you qualify for near you.

Environmental Impact of Switching to Solar in Cold Springs

One of the reasons so many people are considering switching to solar power is to help reduce their environmental impact. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Cold Springs, though. The average person has a sizable carbon footprint. Between their car, which is responsible for over 10,000 pounds of carbon dioxide emissions each year, and electricity for their home, it can be overwhelming to figure out what to do. Switching to solar is a practical thing you can do to help. In Cold Springs, the average household can lower their carbon footprint by 40 pounds a year once they go solar. Since energy from the sun is renewable and produces electricity without a carbon footprint, adding solar panels to your home is one easy step you can take to help the environment.