11 Best Solar Companies in Fallon, NV (Oct 2022 Review)

The Cost and Benefits of Solar in Fallon

We get that for lots of homeowners, the choice to invest in solar hinges on installation costs. There are a few factors you should take into consideration when determining costs and your potential savings, such as:

• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you receive a tax credit curretnly worth 30% of your total installation cost, your state or local government may offer additional tax exemptions, credits or rebates that will help you save even more. Aside from incentives, you can save an average of $18,000 over 20 years with your solar system, too.
• How much you spend on energy: If your local energy rates are quite high, there's a good chance you'll get a higher return on your investment in solar panels. In Fallon, you can save an average of $100 a month on your electricity bills.
• How much energy your home consumes: Homes that consume a lot of power each month may need more solar panels and, as a result, be more expensive, but will also enjoy more savings over time.
• System size and type: Some models are more expensive than others, so the one you want can raise or lower your upfront cost. Plus, the more solar panels you need, the more it'll cost.

Though a solar panel system costs a sizable chunk of money upfront, it can save you thousands of dollars over the lifespan of your panels. The question of how much, though, depends on a number of factors, such as the size of your solar panel system and incentives.

Solar Incentives in Fallon

Since solar power is more sustainable than traditional energy sources, there are some government incentives available to encourage people to make the switch. These incentives usually consist of cash rebates, tax benefits and/or performance-based incentives. They can cut the cost you pay for installing solar panels by 26 to 50% in some cases. In the table below, you can find out about the incentives you qualify for in your area.

Environmental Impact of Switching to Solar in Fallon

There are tons of reasons to make the switch to solar power, like saving on utility bills and helping to reduce your carbon footprint. But you may be curious — how much exactly can you help by going solar? For people who are environmentally-conscious, going solar is an easy decision, especially since Fallon produces a fair amount of carbon dioxide emissions from its energy generation. In Fallon, the average homeowner can reduce their carbon footprint by 60 pounds a year after going solar. As you can see, trading traditional energy for solar has so many other perks beyond saving money. One of the primary ones is that you can help save the Earth too.