13 Best Solar Companies in Hobart, OK (Feb 2023 Review)

The Cost and Benefits of Solar in Hobart

Solar panels run off a free energy source — the sun — but to take advantage of this you will need to pay to install your panels. There are a few factors you should consider when trying to figure out costs and your potential savings, such as:

• Choice of solar panels: The kind of solar panels you are interested in getting 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.
• Average daily sunlight: Since Hobart gets lots of sunlight, your solar panel system will most likely be able to produce enough energy to power your whole home, which influences how much your solar panels can save you on your electricity bills.
• Electricity consumption: The average home in Hobart uses a lot of energy, and consequently may see more savings on electricity bills than other places.
• Incentives: The federal solar investment tax credit currently allows you to lower your taxes by 30% of the project cost. Your state and city may also have incentives and rebates that you can benefit from. Plus, you can save about $19,000 over 20 years on your utility bills, not including incentives.

As a result of the cost of solar panels being lower than before as well as several solar incentives, they are a solid investment for the majority of homeowners.

Solar Incentives in Hobart

To increase the adoption of solar power, federal and local governments — and even some utility companies — offer incentives to help make solar power more economically viable and accessible. These incentives mostly consist of cash rebates, tax breaks and/or performance-based incentives. They can lower the cost of installing solar panels by 30%, upwards of 50% depending on your location. Our article on solar incentives has more information on the incentives you can take advantage of in Hobart.

Environmental Impact of Switching to Solar in Hobart

If you're considering adding solar panels to your home, one of the primary reasons why may be to reduce your carbon footprint. Something many homeowners might be wondering about is how much can they really help protect the environment by going solar anyway? How much energy you use is an important factor to keep in mind. The more energy your home uses, the larger your impact when you switch to solar energy. In fact, if you make the switch to solar power, you could look forward to lowering your carbon dioxide emissions by about 100 pounds each year. If you want to do what you can for the environment, you'll no doubt get that there are many good things about adopting solar energy other than just saving money on bills. You can also help protect the environment, which some would argue is invaluable.