16 Best Solar Companies in Altoona, PA (Aug 2022 Review)

The Cost and Benefits of Solar in Altoona

When picking a solar company, most homeowners or business owners think about the costs above all. The cost of solar and the savings it generates vary depending on a few key factors such as:

• Incentives: The federal solar investment tax credit currently lets you reduce your taxes by 26% of the project cost. Your state and city may also have incentives and rebates that you can benefit from. Additionally, you can save about $17,000 over 20 years on your utility bills, without incentives.
• Your household's power bills: Based on the fairly high monthly electricity bills in Altoona, you could save about $1,200 a year with solar.
• How much power your household needs: If your home needs to use a lot of energy, you'll reap more rewards from switching to solar.
• System size and type: Some models are more costly than others, so the one you get can raise or lower your upfront cost. Plus, the more solar panels you need, the more it'll cost.

Although a solar panel system costs a good chunk of money upfront, it can save you thousands of dollars over the lifespan of your panels. The question of how much, though, depends on several factors, including the amount of daily direct sunlight available and your local electricity rates.

Solar Incentives in Altoona

If you're planning on making the switch to solar energy, a number of government incentives and subsidies can immensely lower the installation costs and speed up the return on your investment. When you install a solar panel system on your home, you can claim the federal tax credit, or ITC. This credit currently lets you reduce your tax bill by 26% of the cost of your solar panels. In addition, there may often be some regional incentives that you can use to further save. For more information about incentives for homeowners in Altoona, see the table below.

Environmental Impact of Switching to Solar in Altoona

There are many reasons to switch to solar power, like saving on electricity bills and helping to lower your carbon footprint. But — how much exactly can you help by making the switch to solar? Regardless of your location, you can help the environment by switching to solar energy, but homes that use a lot of energy will have a greater impact. Since solar panels don't release carbon dioxide emissions into the atmosphere when producing electricity, they're a good trade for traditional energy sources. In fact, you could look forward to lowering your carbon dioxide emissions by about 50 pounds each year. If you want to do your part for the environment, you'll most likely get that there are many benefits of adopting solar power other than just saving money on electricity. You can also help preserve the environment, which some would argue is more valuable.