18 Best Solar Companies in Connoquenessing, PA (Oct 2022 Review)

The Cost and Benefits of Solar in Connoquenessing

The cost of installing a solar panel system has gone down immensely over the past few years, but it's still a significant investment for most homeowners. There are a few factors you should take into consideration when determining how much it will cost and how much you can save, such as:

• The type of solar panels you have the money for: This hinges on your income and budget.
• How much electricity your home consumes: Households that consume lots of electricity each month may call for more solar panels and, consequently, be more expensive, but will also enjoy more savings over time.
• Incentives: Something that can make your solar project cost less is the solar investment tax credit (ITC), which is a tax credit that lets you deduct from your taxes a percentage of the project cost. You can also save on your power bills, which can result in an average of $14,000 of savings over 20 years.
• Your current power bills: Solar panels can noticeably lower, or completely eliminate, your utility bills. In Connoquenessing, you can save an average of $83 a month.

As a result of the cost of solar panels being lower than before as well as several solar incentives, they are a solid investment for the majority of homeowners.

Solar Incentives in Connoquenessing

One of the benefits of installing a solar panel system is earning government incentives. When you install a solar panel system on your house, you can take advatage of the federal tax credit, or ITC. This credit currently lowers your tax bill by 30% of the cost of your solar panels. In addition, there may often be some regional incentives that you can take advantage of to further save. Check out the table below to see what incentives you can take advantage of.

Environmental Impact of Switching to Solar in Connoquenessing

A lot of people want to do their part for the environment, which in many cases is the primary motivation to install solar panels. You may be trying to figure out — how much does going solar help the planet anyway? How much energy you use is an important factor to think about. The more power your home uses, the bigger your impact when you go solar. Because solar panels don't release CO2 emissions into the atmosphere when producing electricity, they're a good trade for nonrenewable energy sources. In fact, you could lower your carbon dioxide emissions by about 50 pounds each year. Since solar power is renewable and makes electricity without CO2 emissions, making the switch to solar power is one easy step you can take to help the environment.