18 Best Solar Companies in Durant, OK (Oct 2022 Review)

The Cost and Benefits of Solar in Durant

When deciding on a solar company, most homeowners or business owners wonder about the costs the most. The cost of solar and the savings it generates vary depending on a few important factors such as:

• The kind of solar panels you want to get: More efficient panels are more expensive, so that will influence your budget for your solar project.
• Where your home is: This influences how much sunlight your roof gets, which helps determine how many panels you need.
• Incentives: The federal solar investment tax credit currently allows you to lower your taxes by 30% of the project cost. Your state may also have incentives and rebates that you can take advantage of. Additionally, you can save about $17,000 over 20 years on your utility bills, not including incentives.
• Energy consumption: Installing a solar system may be a high-cost investment for families that don't consume too much energy each month.

Although a solar panel system costs a good chunk of money upfront, it can save you a considerable amount in the long term. The question of how much, though, depends on several factors, such as the angle of your roof and your current power bills.

Solar Incentives in Durant

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 going solar more economically viable and accessible. Everyone can take advantage of the federal Solar Investment Tax Credit (ITC), which allows you to claim 30% of how much you paid for your solar installation when you file taxes, reducing the amount of taxes you owe that year. Plus, there may be some state and city incentives that can save you some extra money too. The table below lets you know about the incentives you can benefit from in Durant.

Environmental Impact of Switching to Solar in Durant

One reason so many homeowners consider switching to solar power is to help lower their environmental impact. But how much can installing solar panels actually affect the environment? Adopting solar power is an impactful choice for the environment, due to the fact that the largest source of greenhouse gas emissions in the nation is from burning fossil fuels for electricity, heat, and transportation — all of which can be powered by solar instead. If you go solar, your carbon emissions can be cut by about 100 pounds every year. Since solar power is plentiful and produces electricity without free from carbon dioxide emissions, installing solar panels is one easy step you can take to help preserve the planet.