17 Best Solar Companies in Hamilton, PA (Feb 2023 Review)

The Cost and Benefits of Solar in Hamilton

For many homeowners, the decision to invest in a solar energy system comes down to the cost. Some significant things that impact the upfront cost and potential savings over time include:

• Your energy consumption: If your family needs to use a lot of energy, you'll see more savings from installing solar panels.
• Your power bills: This will affect your savings. In Hamilton, the average homeowner can save about $1,100 a year on their electricity bills.
• The kind of solar panels you can buy: This depends on how much you're willing to invest upfront.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which gives you a tax credit currently worth 30% of your overall installation cost, your local government may offer additional tax exemptions, credits or rebates that will help you save even more. Aside from incentives, you can save an average of $15,000 over the first 20 years with your solar panels, too.

Even though a solar panel system costs a sizable chunk of money upfront, it can save you a considerable amount over the lifespan of your panels. The question of how much, though, depends on a number of factors, including the kind of solar panels you get and your current power bills.

Solar Incentives in Hamilton

There are many good reasons why going solar is a great investment. One of them includes some government incentives you can take advantage of. There are a lot of federal, state and local rebates and tax credits that let you earn anywhere from 30% to 50% of your money in return after paying for solar panels. For detailed information about incentives that apply to you, visit our our article on solar incentives.

Environmental Impact of Switching to Solar in Hamilton

Switching to solar energy can have a beneficial impact on the environment. But how much can switching to solar actually help the environment? The more power you use, the the more the environment will benefit from you switching to solar since you won't have to rely on traditional energy sources as much. In fact, if you make the switch to solar power, you could reduce your carbon dioxide emissions by about 50 pounds each year. As you can see, investing in solar has so many other rewards outside of saving money. One of the major ones is that you can help save the Earth too.