18 Best Solar Companies in Concord, PA (Mar 2023 Review)

The Cost and Benefits of Solar in Concord

For many people considering switching to solar, the decision of which solar company to go with depends on pricing. Some important things that determine how much it will cost and how much you could save include:

• How much energy costs for you: The average household in Concord shells out around $1,100 a year on power alone, so you could end up with that much in savings.
• Your income and budget: This affects what model of solar panels you can purchase.
• How much energy your household consumes: Homes that consume plenty of power each month may need more solar panels and, as a result, be more expensive, but will also benefit more over time.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which gives you a tax credit currently worth 30% of your total installation cost, your state or local government may offer additional tax exemptions, credits or rebates that will help you save even more. Excluding incentives, you can save an average of $16,000 over 20 years with your solar system, too.

There are lots of good benefits of solar in spite of the initial cost of installation. It can help the environment and your wallet. Additionally, it can raise the value of your home, leading to even more benefits if you want to sell your home later.

Solar Incentives in Concord

Although a solar power system is typically a large investment, it can save you a substantial amount of money in the long term because of reduced utility bills and government incentives. When you install a solar panel system, you become eligible to claim the federal tax credit, or ITC. This credit currently lets you lower your tax bill by 30% of the cost of your solar panels. In addition, there are often some local incentives that you can use to further save. Take a look at our article on solar incentives to see what incentives you can benefit from.

Environmental Impact of Switching to Solar in Concord

There are many reasons to trade traditional energy for solar power, like saving on utility bills and helping to lower your carbon footprint. But how much can installing solar panels actually help the environment? Everyone can help protect the planet by switching to solar energy, but homes that consume lots of energy will have a bigger impact. Since solar panels don't release CO2 emissions into the atmosphere when creating electricity, they're a good substitute for traditional energy sources. In fact, you could be looking at reducing your carbon dioxide emissions by about 60 pounds each year. As you can see, trading traditional energy for solar has so many other perks outside of saving money. One of the most important ones is that you can help save the environment too.