11 Best Solar Companies in Exeter, PA (Mar 2023 Review)

The Cost and Benefits of Solar in Exeter

The cost of putting up a solar panel system has gone down immensely over the past few years, but it's still a substantial investment for most homeowners. There are several factors you should consider when trying to figure out the overall cost and how much you can save, such as:

• The model of solar panel system you can purchase: This hinges on how much you're willing to spend upfront.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you receive a tax credit curretnly worth 30% of your total installation cost, your 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 $15,000 over the first 20 years with your system, too.
• Energy consumption: Installing solar panels may be too steep of an investment for homes that don't need too much energy per month.
• How much you spend on energy: If your local electricity rates are quite high, there's a good chance you'll end up with a higher return on your investment in solar panels. In Exeter, you can save an average of $86 a month on your electricity bills.

Solar is a profitable investment for most homeowners. You can make your own energy instead of paying for it from the grid and benefit from solar incentives, all while helping preserve the environment.

Solar Incentives in Exeter

In an effort to increase the adoption of solar power, federal, state and local governments — and even some utility companies — offer incentives to help make switching to solar power more financially viable and accessible. These incentives mostly consist of cash rebates, tax breaks and/or performance-based incentives. They can lower the cost of installing solar panels by 30%, upwards of 50% in some cases. You can learn about the incentives you can take advantage of in our article on solar incentives

Environmental Impact of Switching to Solar in Exeter

Installing solar panels is a profound way to do your part for a cleaner and more sustainable future. But you may be curious — how much exactly can you help the planet by making the switch to solar? If your household consumes a lot of energy, you can have an even greater impact on the planet by switching to solar power. In Exeter, the average resident can lower their carbon footprint by 50 pounds a year after going solar. For those who care about the environment, the upfront cost of solar is a small price to pay for offsetting your carbon emissions.