15 Best Solar Companies in Hopewell, PA (Feb 2023 Review)

The Cost and Benefits of Solar in Hopewell

For many people, the decision of which solar installer to go with depends on pricing. The installation cost is just one important factor you should bear in mind when looking into getting solar panels. How much it'll cost and how much you can save depend on things including:

• Incentives: One thing that can save you money on your solar project is the solar investment tax credit (ITC), which is a tax credit that's equal to a percentage of the project cost. You can also save a decent amount of money on your power bills, which can lead to an average of $16,000 of savings over 20 years.
• System size and type: Some models are more expensive than others, so the one you want can raise or lower your initial investment. Plus, the more solar panels you need, the more it'll cost.
• How much energy you use: If your home uses a lot of energy, you'll benefit more from switching to solar.
• Your household's power bills: Based on the fairly high monthly energy bills in Hopewell, you could save about $1,200 a year with solar.

Due to solar panels now being cheaper than ever as well as several solar incentives, they are a solid investment for the majority of homeowners.

Solar Incentives in Hopewell

To increase the adoption of solar power, incentives are offered by the government — and even some utility companies — to help make going solar more economically viable and accessible. There are quite a few federal, state and local rebates and tax credits that may earn you a decent amount of money in return after installing solar panels. Our article on solar incentives goes over more information on the incentives you can find in Hopewell.

Environmental Impact of Switching to Solar in Hopewell

There are many reasons to make the switch to solar power, like saving on electricity bills and helping to lower your carbon footprint. You may be curious — how much does making the switch do for the environment anyway? Your energy usage is an important factor to consider. The more power your household consumes, the larger your impact when you make the switch to solar power. In fact, if you install solar panels, you could be looking at reducing your carbon dioxide emissions by about 80 pounds each year. As you can see, investing in solar has so many other perks outside of saving money. One of the major ones is that you can help save the environment too.