17 Best Solar Companies in Allen, PA (Oct 2022 Review)

The Cost and Benefits of Solar in Allen

The cost of putting up a solar panel system has gone down greatly in the past few years, but it's still a significant investment for most homeowners. There are several factors you should take into consideration when trying to figure out how much it will cost and how much you can save, including:

• System size and type: Some models are more expensive than others, so the one you decide on can raise or lower your initial investment. Plus, the more solar panels you need to buy, the more it'll cost.
• The amount of sunlight your roof gets: This, plus the configuration of your roof, affects affect how much energy your solar panels can produce.
• Incentives: The federal solar investment tax credit, which can save you some money, lets you deduct 30% of the cost of your solar system installation from your federal taxes. In addition, not including incentives, you can save about $14,000 over 20 years on your energy bills.
• Your power bills: This will dictate how much you can save. In Allen, the average homeowner can save about $1,000 a year on their electricity bills.

Although a solar panel system costs a decent chunk of money upfront, it can save you thousands of dollars in the long term. The question of how much, though, depends on a number of factors, like the kind of solar panels you get and your energy consumption.

Solar Incentives in Allen

Although a solar power system is typically a big investment, it can save you a considerable amount of money over the lifespan of your solar panels because of reduced power bills and government incentives. Regardless of what state you live in, you can take advantage of the federal Solar Investment Tax Credit (ITC), which allows you to claim 30% of how much you paid for your solar installation when you file taxes, lowering the amount of taxes you owe that year. In addition, there may be some local incentives you can benefit from too. Check out the table below to learn what incentives you can take advantage of.

Environmental Impact of Switching to Solar in Allen

Installing solar panels can have a beneficial effect on the environment. But how much can using solar energy instead of traditional energy actually affect the environment? The EPA reports that electricity generation is the second largest source of greenhouse gas emissions and about 62% of our electricity is generated by burning fossil fuels. Switching to a clean energy source like solar power can help lower that number in a city like Allen that produces a fair amount of carbon dioxide emissions each year. Because solar panels don't release carbon dioxide emissions into the atmosphere when generating electricity, they're a good trade for nonrenewable energy sources. In fact, you could be looking at reducing your carbon dioxide emissions by about 50 pounds each year. If you care about the environment, you'll likely understand that there are many good things about adopting solar power other than just saving money on electricity. You can also help preserve the environment, which some would argue is worth more.