11 Best Solar Companies in Enid, OK (Dec 2022 Review)

The Cost and Benefits of Solar in Enid

For a lot of homeowners, the decision to invest in solar panels comes down to the cost. Some key things that affect the cost and possible savings include:

• Choice of solar panels: The kind of solar panels you get will affect your total cost. High-efficiency monocrystalline panels will cost more upfront but can also lead to more savings over the lifetime of your system. If you don't need to maximize efficiency, you can go with a higher number of more affordable panels.
• The amount of sunlight your rooftop gets: Thanks to Enid's very high amount of average daily sunlight, you should be able to save a lot on your electricity bills.
• Incentives: One thing that can save you money on your solar project is the solar investment tax credit (ITC), which is a tax credit that lets you deduct from your taxes a percentage of the project cost. You can also save a decent amount of money on your power bills, which can give you an average of $18,000 of savings over 20 years.
• Electricity consumption: The average household in Enid uses a lot of energy, and therefore may see more savings on electricity bills than other places.

Though a solar panel system costs a sizable 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 Enid

Since solar power is more sustainable than fossil fuels, there are quite a few government incentives in place to encourage people to make the switch. When you install a solar panel system on your home, you become eligible to claim the federal tax credit, or ITC. This credit currently lowers your tax bill by 30% of the cost of your solar panels. Additionally, there are often some local incentives that you can benefit from to further save. For detailed information about incentives that apply to you, visit our our article on solar incentives.

Environmental Impact of Switching to Solar in Enid

If you want to add solar panels to your home, one of the primary reasons why may be to lower your reliance on nonrenewable energy. You may be asking yourself — how much does making the switch do for the planet anyway? How much energy you use is a significant factor to think about. The more power you use, the bigger your impact when you switch to solar energy. In Enid, the average person can reduce their carbon footprint by 100 pounds a year after going solar. Since energy from the sun is plentiful and produces electricity without free from carbon dioxide emissions, making the switch to solar power is one easy step you can take to help protect the environment.