14 Best Solar Companies in Silver Springs, NV (Sep 2022 Review)

The Cost and Benefits of Solar in Silver Springs

For lots of homeowners, whether or not to invest in solar panels boils down to the cost. There are several factors you should take into consideration when trying to determine costs and your potential savings, such as:

• The type and model of solar panels you're planning on getting: Higher-efficiency panels are more costly, so that will shape your budget for your solar project.
• The amount of sunlight your roof gets: If your roof doesn't get a lot of direct sunlight, your solar system won't be able to generate as much energy, which will leave you with lower savings on electricity bills than someone with a roof that gets plenty of sunlight.
• How much electricity your home consumes: Homes that use a lot of electricity each month may need more solar panels and, consequently, more upfront cost, but will also benefit more over time.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which gives you a tax credit currently worth 30% of your total installation cost, your state or local government may offer additional tax exemptions, credits or rebates that can help you save even more. Not including incentives, you can save an average of $19,000 over 20 years with your solar panels, too.

Solar is a worthwhile investment for most homeowners. You can generate your own electricity instead of paying for it from a utility company and benefit from solar tax credits and rebates, all while helping the Earth.

Solar Incentives in Silver Springs

There are lots of reasons why going solar is a great investment. One of them consists of some government incentives you can take advantage of. These incentives mostly include cash rebates, tax breaks and/or performance-based incentives. They can reduce the cost you pay for installing solar panels by 26 to 50% in some cases. For more information about incentives that apply to you, check out the table below.

Environmental Impact of Switching to Solar in Silver Springs

There are many reasons to trade traditional energy for solar energy, like saving on utility bills and helping to lower your carbon footprint. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Silver Springs, though. One thing to keep in mind is your overall carbon footprint. For example, if you spend lots of time commuting to work and have an electric vehicle, you can use solar energy for your home to power your EV and therefore help offset your carbon emissions. In fact, if you adopt solar power, you could lower your carbon dioxide emissions by about 60 pounds each year. If you want to do what you can for the environment, you'll no doubt find that there are many benefits of adopting solar power other than just saving money on bills. You can also help protect the environment, which some would argue is worth more.