12 Best Solar Companies in Park Hill, OK (Sep 2022 Review)

The Cost and Benefits of Solar in Park Hill

The cost of installing a solar panel system has gone down immensely over the past several years, but it's still a substantial investment for most homeowners. Some main factors that dictate the cost of installing a solar panel system on your home and how much it could save you over time are:

• How much power your household consumes: Households that consume lots of electricity each month may require more solar panels and, therefore, be more costly, but will also benefit more over time.
• Incentives: Something that can make your solar project cost less 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 money on your utility bills, which can give you an average of $17,000 of savings over 20 years.
• How much sunlight your roof gets: If your rooftop gets limited direct sunlight, your solar panels won't be able to make as much energy, which will give you lower savings on electricity bills than someone with a roof that gets lots of sunlight.
• Choice of solar panels: The type of solar panels you are interested in getting will affect your total cost. High-efficiency monocrystalline panels are more expensive 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.

Solar is a worthwhile investment for most homeowners. You can produce your own electricity instead of paying for it from a utility company and make use of solar incentives and rebates, all while helping protect the planet.

Solar Incentives in Park Hill

Switching to solar power has plenty of wonderful benefits. Not only can it help protect the environment, but you can also save a good amount of money on your installation with various government incentives. These incentives mostly include cash rebates, tax benefits and/or solar renewable energy credits. They can reduce the cost you pay for going solar by 26 to 50% in some cases. You can find out about the incentives you can use in the table below.

Environmental Impact of Switching to Solar in Park Hill

Switching to solar energy can have a beneficial impact on the environment. Something many homeowners might have in mind is how much can they really help preserve the environment by going solar anyway? If your household uses lots of energy, you can have an even greater impact on the planet by switching to solar power. Though solar panel production releases carbon dioxide emissions, the panels make up for it by significantly decreasing the amount of CO2 you would have been responsible for if you still used traditional energy. In Park Hill, you can reduce your carbon footprint by 100 pounds a year with solar panels. For those who are worried about the environment, the upfront cost of solar is a small price to pay for the offset carbon emissions.