9 Best Solar Companies in Edinboro, PA (Aug 2022 Review)

The Cost and Benefits of Solar in Edinboro

The cost of putting up a solar panel system has gone down greatly over the past few years, but it's still a large investment for most homeowners. A few important factors that influence the cost of installing a solar panel system on your home and how much it could save you over time are:

• How much you spend on energy: The typical family in Edinboro shells out around $1,300 a year on energy alone, so you could gain that much in savings.
• How much electricity your household consumes: Homes that need lots of energy each month may need more solar panels and, as a result, more upfront cost, but will also save more on their energy bills over time.
• Choice of solar panels: The kind of solar panels you want will affect your total cost. High-efficiency monocrystalline panels are more expensive upfront but can also save you more money over the lifetime of your system. If space isn't a constraint for your project, you can go with a higher number of more affordable panels.
• Incentives: Something that can make your solar project cost less is the solar investment tax credit (ITC), which is a tax credit that's equal to a percentage of the project cost. You can also save a decent amount of money on your energy bills, which can result in an average of $17,000 of savings over 20 years.

As a result of the cost of solar panels being lower than before as well as various solar incentives, they are a sound investment for most homeowners.

Solar Incentives in Edinboro

Switching to solar power has plenty of considerable benefits. Not only can it help preserve the Earth, but you can also save a decent amount of money on your installation with various government incentives. No matter what state you live in, you can take advantage of the federal Solar Investment Tax Credit (ITC), which will let you claim 26% of how much you paid for your solar installation when you file taxes, reducing the amount of taxes you owe that year. Additionally, there may be some local incentives that can save you some extra money too. In the table below, you can read about the incentives you qualify for near you.

Environmental Impact of Switching to Solar in Edinboro

Many want to do their part to help the environment, which in many cases is the primary reason for installing a solar system. But — how much exactly can you help by using solar power? One thing you should keep in mind is your overall carbon footprint. For example, if you spend lots of time commuting to work and have an electric vehicle, you can use solar energy for your home to power your EV and therefore help offset your carbon emissions. Since solar panels don't release CO2 emissions into the atmosphere when producing electricity, they're a good swap for traditional energy sources. In fact, you could lower your carbon dioxide emissions by about 50 pounds each year. For those who want to help the environment, the upfront cost of solar is a small price to pay for the offset carbon emissions.