14 Best Solar Companies in Bangor, PA (Feb 2023 Review)

The Cost and Benefits of Solar in Bangor

For most homeowners, whether or not to invest in solar energy depends the most on the cost. The overall price and potential savings vary depending on some important factors such as:

• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you deduct 30% of your overall installation cost, your state or local government may offer additional tax exemptions, credits or rebates that can help you save even more. Aside from incentives, you can save an average of $15,000 over the first 20 years with your solar panels, too.
• How much energy costs for you: The typical family in Bangor shells out around $1,000 a year on home energy use alone, so you could be looking at that much in savings.
• average energy usage: The more energy your home consumes on average and the steeper your current energy bills are, the more money you could save by switching to solar.
• Choice of solar panels: The type of solar panels you need 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.

So is installing solar panels worth it? Whether you want to reduce your energy bills, greenhouse gas emissions or both, solar panels are a great investment for many Bangor homeowners.

Solar Incentives in Bangor

Adopting solar power has plenty of wonderful benefits. Not only can it help protect the Earth, but you can also save a good amount of money on your installation with various government incentives. You can qualify for the federal solar investment tax credit (ITC) for the tax year you turn on your solar panels. You can also possibly use the ITC with other state and city rebates and benefits. In our article on solar incentives, you can find out about the incentives you qualify for near you.

Environmental Impact of Switching to Solar in Bangor

An important reason so many homeowners are thinking of going solar is to help reduce their environmental impact. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Bangor, though. As reported by the EPA, electricity production is the second greatest source of greenhouse gas emissions and about 62% of our electricity is generated by burning fossil fuels. Using solar power can help bring down that number in a city like Bangor that accounts for a fair amount of carbon dioxide emissions each year. In fact, if you make the switch to solar power, you could be looking at reducing your carbon dioxide emissions by about 50 pounds each year. For people who want to help the environment, the upfront cost of solar is a small price to pay for the offset carbon emissions.