17 Best Solar Companies in Allen, PA (Feb 2023 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. The cost of solar and the savings it generates vary depending on a few key factors such as:

• 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 our article on solar incentives 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? Everyone can help protect the planet by switching to solar energy, but homes that consume more energy will have a greater impact. 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. For homeowners who want to help the environment, the upfront cost of solar is a small price to pay for offsetting your carbon emissions.