18 Best Solar Companies in Hilltown, PA (Oct 2022 Review)

The Cost and Benefits of Solar in Hilltown

Even though solar panels can help save you a good amount of money on electricity bills over time, it's important to take into consideration the startup costs. There are quite a few factors you should take into consideration when determining how much it will cost and how much you can save, such as:

• Electricity consumption: The average home in Hilltown uses a decent amount of, and therefore may save on their energy bills.
• 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 can help you save even more. Aside from incentives, you can save an average of $15,000 over the first 20 years with your solar system, too.
• System size and type: Some models are more pricy than others, so the one you decide on can raise or lower your initial investment. Plus, the more solar panels you need to get, the more it'll cost.
• How much energy costs for you: If your local electricity rates are quite high, there's a better chance you'll get a higher return on your investment in a solar system. In Hilltown, you can save an average of $87 a month on your electricity bills.

Due to the cost of solar panels being lower than before as well as several solar incentives, they are a worthwhile investment for the majority of homeowners.

Solar Incentives in Hilltown

Since solar power is better for the environment than traditional energy sources, there are several government incentives available to encourage its adoption. You can qualify for the federal solar investment tax credit (ITC) for the tax year you turn on your a solar system. You can also possibly use the ITC with other local incentives. The table below shows you the incentives you can take advantage of in Hilltown.

Environmental Impact of Switching to Solar in Hilltown

Making the switch to solar power is a profound way to do your part for a greener future. But you may be curious — how much exactly can you help the environment by making the switch to solar? The more energy your household uses, the better off the planet will be when you switch to solar as you won't have to burn as many fossil fuels. If you go solar, your carbon emissions can be lowered by about 50 pounds a year. If you care about the environment, you'll most likely find that there are many benefits of adopting solar power other than just saving money on bills. You can also help protect the environment, which some would argue is worth more.