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

The Cost and Benefits of Solar in Bridgeport

The cost of putting up solar panels has decreased significantly in the past few years, but it's still a substantial investment for most homeowners. The installation cost is just one important factor you should take into account when looking into getting solar panels. How much it'll cost and how much you can save depend on things such as:

• Incentives: The federal solar investment tax credit currently lets you decrease your taxes by 26% of the project cost. Your state and city may also have incentives and rebates that you can benefit from. Plus, you can save about $15,000 over 20 years on your utility bills, without incentives.
• Your household's power bills: Based on the fairly high monthly power bills in Bridgeport, you could save about $1,100 a year with solar.
• Your income and budget: This shapes what type of solar panels you can afford.
• Energy consumption: Installing solar panels may be too pricey an option for families that don't consume too much energy a month.

Due to solar panels now being cheaper than ever as well as various solar incentives, they are a cost-effective investment for most homeowners.

Solar Incentives in Bridgeport

There are several reasons why adopting solar power is beneficial. One of them involves some government incentives that can help save you some money. Regardless of where you live, you can take advantage of the federal Solar Investment Tax Credit (ITC), which will let you claim 26% of how much your solar project cost on your tax return, reducing the amount of taxes you owe that year. In addition, there may be some state and city incentives that stack with the ITC too. In the table below, you can read about the incentives you qualify for in your area.

Environmental Impact of Switching to Solar in Bridgeport

One of the best reasons to embrace solar energy is to decrease your reliance on nonrenewable energy sources like burning fossil fuels, which are destructive for the environment. You may be curious — how much do solar panels help the planet anyway? In a city like Bridgeport where energy use is rather high, installing solar panels is a fantastic plan for homeowners who want to do their part for the environment. In fact, if you make the switch to solar power, you could look forward to lowering your carbon dioxide emissions by about 50 pounds each year. Since energy from the sun is plentiful and generates electricity without releasing carbon emissions, adding solar panels to your home is one easy step you can take to help the environment.