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

The Cost and Benefits of Solar in Ephrata

For many homeowners, whether or not to invest in solar energy depends the most on the cost. A few main factors that dictate the cost of installing solar panels on your home and how much it could save you over time are:

• How much electricity your household consumes: Homes that use plenty of electricity each month may require more solar panels and, consequently, be more expensive, but will also save more on their energy bills over time.
• Your income and budget: This shapes what model of solar panels you can afford.
• Incentives: The federal solar investment tax credit currently lets you lower your taxes by 30% of the project cost. Your state may also have incentives and rebates that you can benefit from. Additionally, you can save about $16,000 over 20 years on your utility bills, before factoring in incentives.
• The amount of sunlight your house gets: Because of Ephrata's high amount of average daily sunlight, you should be able to save a decent amount on your energy bills.

Because of the cost of solar panels being lower than before as well as local and federal solar incentives, they are a sound investment for most homeowners.

Solar Incentives in Ephrata

To increase the number of homes and businesses that use solar power, federal and local governments — and even some utility companies — offer incentives to help make solar power more financially viable and accessible. When you install a solar panel system on your home, you become eligible to claim the federal tax credit, or ITC. This credit currently reduces your tax bill by 30% of the cost of your solar panels. In addition, there may often be some regional incentives that you can benefit from to further cut back on the cost of solar of solar panels. Check out our article on solar incentives to see what incentives you can take advantage of.

Environmental Impact of Switching to Solar in Ephrata

There are a few important reasons why people are considering solar energy: to help their wallet and the environment. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Ephrata, though. In a city like Ephrata where energy use is rather high, installing solar panels is a fantastic idea for households who care about the planet. In fact, if you adopt solar power, you could lower your carbon dioxide emissions by about 50 pounds each year. As you can see, going solar has so many other perks apart from saving money. One of the main ones is that you can help save the environment too.