17 Best Solar Companies in Colonial Park, PA (Sep 2022 Review)

The Cost and Benefits of Solar in Colonial Park

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

• Incentives: Those who purchase and install a solar system this year can save 30% of their overall solar costs by taking advantage of the federal solar investment tax credit. You can also save about $14,000 on your utility bills over 20 years excluding incentives.
• Electricity consumption: The average household in Colonial Park uses a decent amount of, and therefore may save on their energy bills.
• The type and model of solar panels you're thinking of getting: More efficient models are more costly, so that will influence your budget for your solar project.
• Where your home is: This affects how much sunlight your roof receives, which helps determine how many panels you need.

Thanks to solar panels now being cheaper than ever as well as several solar incentives, they are a solid investment for many homeowners.

Solar Incentives in Colonial Park

In order to increase the adoption of solar power, federal, state and local governments — and even some utility companies — offer incentives to help make solar power more financially viable and accessible. You are eligible for the federal solar investment tax credit (ITC) for the tax year you turn on your a solar system. You can also possibly stack the ITC with other state and city incentives. In the table below, you can see the incentives you qualify for in your area.

Environmental Impact of Switching to Solar in Colonial Park

There are tons of reasons to make the switch to solar energy, like saving some money on electricity bills and helping to reduce your carbon footprint. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Colonial Park, though. Something that can dramatically influence your carbon footprint is your commute time and how much you drive in general. If you install solar panels and have an electric car, you can greatly decrease your carbon dioxide emissions by charging your car at home. Because solar panels don't release CO2 emissions into the atmosphere when creating electricity, they're a good swap for nonrenewable 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 what you can for the environment, you'll no doubt get that there are many benefits of adopting solar energy other than just saving money on electricity. You can also help preserve the environment, which some would argue is more valuable.