18 Best Solar Companies in Guilford, PA (Sep 2022 Review)

The Cost and Benefits of Solar in Guilford

Solar panels run off a free energy source — the sun — but to take advantage of this you will first need to pay to install your panels. There are several factors you should take into consideration when determining how much it will cost and how much you can save, such as:

• Average daily sunlight: Since Guilford gets a decent amount of average daily sunlight, your solar panels can generally produce enough energy to power your whole home, which affects how much you can save on your energy bills.
• The model of solar panels you're thinking of getting: Some cost more, so that will shape your budget for your solar project.
• Incentives: The federal solar investment tax credit currently allows you to reduce your taxes by 30% of the project cost. Your state and even local utility companies may also have incentives and rebates that you can take advantage of. Additionally, you can save about $14,000 over 20 years on your utility bills, before factoring in incentives.
• The cost of electricity in your area: If your local power rates are quite high, there's a good chance you'll end up with a higher return on your investment in a solar system. In Guilford, you can save an average of $82 a month on your electricity bills.

Even though a solar panel system costs a good chunk of money upfront, it can save you much more in the long term. The question of how much, though, depends on a number of factors, including the size of your solar panel system and your current power bills.

Solar Incentives in Guilford

Switching to solar power has a lot of great benefits. Not only can it help preserve the Earth, but you can also save a good amount of money on your installation with various government incentives. You qualify for the federal solar investment tax credit (ITC) for the tax year you turn on your a solar system. You can also possibly pair the ITC with other local rebates and benefits. You can learn about the incentives available to you in the table below.

Environmental Impact of Switching to Solar in Guilford

There are many reasons to switch to solar power, like saving some money on electricity bills and helping to reduce your carbon footprint. Something many people might be thinking about is how much can they really help save the environment by switching to solar power anyway? Regardless of your location, you can help protect the planet by switching to solar energy, but homes that use more energy will have a bigger impact. After you go solar, your carbon emissions can be lowered by about 50 pounds each year. The perks of solar power are plentiful — just like solar power is! That's why so many homeowners have been happy with committing to solar.