18 Best Solar Companies in College, PA (Sep 2022 Review)

The Cost and Benefits of Solar in College

We get that for many homeowners, the choice to invest in solar rests on installation costs. The overall price and potential savings vary depending on some key factors such as:

• The make and model of solar panels you want to get: Some have higher prices, so that will influence your budget for your solar project.
• Incentives: Tax-paying citizens who buy and install a solar energy system this year can save 30% of their total solar spend by using the federal solar investment tax credit. You can also save about $12,000 on your electricity bills over 20 years excluding incentives.
• Electricity consumption: The average home in College uses a decent amount of, and consequently may save on their energy bills.
• The amount of sunlight your roof gets: If your roof doesn't see much direct sunlight, your solar system won't be able to generate as much energy, which will give you lower savings on power bills than a house with a roof that gets plenty of sunlight.

So is buying solar panels worth it? Whether you hope to lower your electricity costs, carbon emissions or both, solar panels are a solid investment for many College homeowners.

Solar Incentives in College

If you're planning on switching to solar energy, various government incentives and solar rebates can immensely bring down the installation costs and speed up the return on your investment. When you install a solar panel system on your home, you can take advatage of the federal tax credit, or ITC. This credit currently lets you reduce your tax bill by 30% of the cost of your solar panels. In addition, there may often be some local incentives that you can benefit from to further save. You can learn about the incentives available to you in the table below.

Environmental Impact of Switching to Solar in College

One of the most compelling reasons to switch to solar energy is to cut your dependence on nonrenewable energy sources like burning fossil fuels, which are damaging for the environment. You may be trying to figure out — how much does making the switch help the planet anyway? How much energy you use is an important factor to keep in mind. The more energy your home uses, the greater your impact when you make the switch to solar power. When you go solar, your carbon footprint can be cut by about 50 pounds a year. As you can see, investing in solar has so many other rewards apart from saving money. One of the most important ones is that you can help save the planet too.