17 Best Solar Companies in Tishomingo, OK (Mar 2023 Review)

The Cost and Benefits of Solar in Tishomingo

We know that for many homeowners, the decision to invest in solar depends on installation costs. The cost and possible savings vary depending on a few important factors such as:

• Incentives: Tax-paying citizens who buy and install a solar system this year can save 30% of their solar installation costs by taking advantage of the federal solar investment tax credit. You can also save about $18,000 on your electricity bills over 20 years excluding incentives.
• Average daily sunlight: Since Tishomingo gets lots of sunlight, your solar panel system will most likely be able to generate enough energy to power your whole home, which impacts how much you can save on your energy bills.
• Your income and budget: This shapes what kind of solar panels you can buy.
• How much electricity your household consumes: Households that use lots of energy each month may need more solar panels and, as a result, be more expensive, but will also enjoy more savings over time.

Although a solar panel system costs a good chunk of money upfront, it can save you a considerable amount over time. The question of how much, though, depends on a number of factors, like the amount of daily direct sunlight available and incentives.

Solar Incentives in Tishomingo

In an effort to increase solar panel installation and usage, federal and local governments — and even some utility companies — offer incentives to help make switching to solar power more economically viable and accessible. On top of the federal tax credit incentive, there are also some state- and city-level incentives, which in almost all cases, can be claimed in addition to the federal incentive, so you get to save even more. For comprehensive information about incentives that apply to you, visit our our article on solar incentives.

Environmental Impact of Switching to Solar in Tishomingo

An important reason so many consider installing solar panels is to help bring down their environmental impact. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Tishomingo, though. If your household uses lots of energy, you can help the environment even more by switching to solar power. In fact, if you install solar panels, you could be looking at reducing your carbon dioxide emissions by about 100 pounds each year. If you want to do what you can for the environment, you'll most likely understand that there are many benefits of adopting solar energy other than just saving money on electricity. You can also help protect the environment, which some would argue is more valuable.