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

The Cost and Benefits of Solar in Lone Grove

When deciding on a solar company, most homeowners or business owners wonder about the costs the most. Some important things that influence the upfront cost and potential savings over time include:

• Energy consumption: Installing solar panels may be too pricey an investment for families that don't use too much energy a month.
• Choice of solar panels: The kind of solar panels you buy will affect your total cost. High-efficiency monocrystalline panels are more expensive upfront but can also lead to more savings over the lifetime of your system. If you don't need to maximize efficiency, you can opt for a higher number of more affordable panels.
• Incentives: Something that can make your solar project cost less is the solar investment tax credit (ITC), which is a tax credit that's equal to a percentage of the project cost. You can also save a decent amount of money on your utility bills, which can lead to an average of $18,000 of savings over 20 years.
• How much sunlight your roof gets: This, along with the configuration of your roof, affects affect how much electricity your solar panels can make.

There are lots of great benefits of solar despite the upfront cost of installation. It can help the environment and your bank account. Additionally, it can boost the value of your home, leading to even more benefits if you decide to sell your home later.

Solar Incentives in Lone Grove

To increase solar panel installation and usage, federal, state and local governments — and even some utility companies — offer incentives to help make solar power more economically viable and accessible. On top of the federal solar investment tax credit, there are also some state- and city-level benefits, which in almost all cases, can be claimed in addition to the federal incentive, so you can save even more. In our article on solar incentives, you can read about the incentives you qualify for near you.

Environmental Impact of Switching to Solar in Lone Grove

If you're planning on adding solar panels to your home, one of the main reasons why may be to reduce your carbon footprint. But how much can switching to solar actually affect the environment? Your energy usage is a key factor to think about. The more energy your household consumes, the greater your impact when you make the switch to solar power. When you go solar, your carbon emissions can be reduced by about 100 pounds each year. For homeowners who are concerned about the environment, the upfront cost of solar is a small price to pay for reducing your carbon footprint.