17 Best Solar Companies in Broomall, PA (Mar 2023 Review)

The Cost and Benefits of Solar in Broomall

The cost of putting up solar panels has gone down immensely over the past several years, but it's still a substantial investment for most homeowners. The overall price and potential savings vary depending on some important factors such as:

• The kind of solar panels you're thinking of getting: More efficient panels are more expensive, so that will affect your budget for your solar project.
• Incentives: The federal solar investment tax credit, which can save you some money, allows you to deduct 30% of the cost of installing your solar panel system from your federal taxes. Plus, not including incentives, you can save about $16,000 over 20 years on your energy bills.
• How much sunlight your roof gets: If your roof gets limited direct sunlight, your solar system won't be able to make as much energy, which will leave you with lower savings on electric bills than a house with a roof that gets plenty of sunlight.
• The cost of electricity in your area: If your local utility rates are quite high, there's a good chance you'll end up with a higher return on your investment in a solar panel system. In Broomall, you can save an average of $89 a month on your electricity bills.

There are lots of great benefits of solar even with the initial cost of installation. It can help the Earth and your wallet. Additionally, it can boost the value of your home, giving you even more benefits if you choose to sell your home later.

Solar Incentives in Broomall

One of the benefits of installing a solar panel system is receiving government incentives. Local solar incentive programs vary by location and, sometimes, utility company. Many states offer rebates for solar panels, in addition to the federal solar tax credit. In our article on solar incentives, you can find out about the incentives you qualify for in Broomall.

Environmental Impact of Switching to Solar in Broomall

One of the best reasons to embrace solar power is to minimize your reliance on traditional energy sources like burning fossil fuels, which are hazardous for the environment. A question many might be thinking about is how much can they really help the environment by switching to solar power anyway? An important thing to be mindful of is your overall carbon footprint. For example, if you have a long commute, your footprint may be bigger, so adopting solar energy for your house can help offset that. Though making solar panels emits carbon dioxide, the panels make up for it by greatly reducing the amount of CO2 you would have released if you still used traditional energy. In Broomall, you can reduce your carbon footprint by 60 pounds a year with solar panels. As you can see, investing in solar has so many other benefits outside of saving money. One of the major ones is that you can help save the planet too.