15 Best Solar Companies in Coolbaugh, PA (2023 Reviews)

The Cost and Benefits of Solar in Coolbaugh

The cost of putting up solar panels has dropped significantly in the past few years, but it's still a large investment for most homeowners. The installation cost is just one important factor you should bear in mind when looking into installing solar panels. How much it'll cost and how much you can save depend on things including:

• Incentives: The federal solar investment tax credit, which can save you some money, lets you deduct 30% of the cost of your solar system installation from your taxes. In addition, not including incentives, you can save about $14,000 over 20 years on your energy bills.
• How much you spend on energy: The typical household in Coolbaugh spends around $970 a year on energy use alone, so you could end up with that much in savings.
• The kind of solar panels you have the money for: This is dependent on how much you're willing to invest upfront.
• Typical energy usage: The more power your home uses on average and the larger your current power bills are, the more benefits you'll see from making the switch to solar.

As a result of solar panels now being cheaper than ever as well as several solar incentives, they are a solid investment for most homeowners.

Solar Incentives in Coolbaugh

In an effort to increase the number of homes and businesses that use solar power, federal, state and local governments — and even some utility companies — offer incentives to help make going solar more economical and accessible. These incentives usually take the form of cash rebates, tax breaks and/or performance-based incentives. They can reduce the cost of installing solar panels by 30%, upwards of 50% depending on your location. In our article on solar incentives, you can see the incentives you qualify for in Coolbaugh.

Environmental Impact of Switching to Solar in Coolbaugh

Replacing nonrenewable energy with solar power is a great way to do your part for a more eco-friendly future. You may be asking yourself — how much does making the switch help the planet anyway? Adopting solar power is a great choice for the environment, due to the fact that the biggest source of greenhouse gas emissions in the U.S. is from burning fossil fuels for electricity, heat, and transportation — all of which can be powered by solar instead. After you go solar, your carbon emissions can be cut by about 50 pounds each year. For people who want to help the environment, the upfront cost of solar is a small price to pay for offsetting your carbon emissions.