12 Best Solar Companies in Kingfisher, OK (Feb 2023 Review)

The Cost and Benefits of Solar in Kingfisher

Even though solar panels can save you a decent chunk of change on utility bills over time, it's necessary to know the startup costs. A few important factors that influence how much it will cost to install a solar panel system on your home and how much money you could save over time are:

• How much sunlight your roof gets: If your roof doesn't get a lot of direct sunlight, your solar system won't be able to produce as much energy, which will leave you with lower savings on energy bills than someone with a roof that gets a lot of sunlight.
• Energy consumption: Installing solar panels may be an expensive investment for households that don't need a lot of energy per month.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you deduct 30% of your overall installation cost, your state or local government may offer additional tax exemptions, credits or rebates that can help you save even more. Aside from incentives, you can save an average of $18,000 over 20 years with your solar panels, too.
• 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 save you more money over the lifetime of your system. If space isn't a constraint for your project, you can opt for a higher number of more affordable panels.

Due to solar panels now being cheaper than ever as well as local and federal solar incentives, they are a worthwhile investment for many homeowners.

Solar Incentives in Kingfisher

Although a solar power system is typically a $15,000 to $25,000 investment, it can save you much money over time due to reduced power bills and government incentives. When you install solar panels on your house, you become eligible to claim the federal tax credit, or ITC. This credit currently reduces your tax bill by 30% of the cost of your solar panels. Additionally, there may often be some regional incentives that you can take advantage of to further save. Our article on solar incentives has more in-depth information on the incentives you can take advantage of in Kingfisher.

Environmental Impact of Switching to Solar in Kingfisher

Lots of people want to do what they can to help protect the environment, which often is the main reason for installing a solar system. You may be wondering — how much does making the switch do for the environment anyway? No matter where you are, you can help the planet by switching to solar energy, but homes that consume more energy will have a bigger impact. In fact, if you adopt solar power, you could be looking at reducing your carbon dioxide emissions by about 100 pounds each year. Since energy from the sun is abundant and generates electricity without releasing carbon emissions, installing solar panels is one easy step you can take to help protect the environment.