16 Best Solar Companies in Jim Thorpe, PA (Sep 2022 Review)

The Cost and Benefits of Solar in Jim Thorpe

Solar panels are powered by a free energy source — the sun — but before you can take advantage of this you first need to pay to set up your system. The cost of solar and the savings it generates vary depending on a few important factors such as:

• Incentives: The federal solar investment tax credit, which everyone qualifies for, lets you deduct 30% of the cost of your solar system installation from your taxes. In addition, not including incentives, you can save about $14,000 over 20 years on your energy bills.
• Your income and budget: This determines what type of solar panels you can purchase.
• The amount of sunlight your house gets: Due to Jim Thorpe's relatively low amount of average daily sunlight, you might not see as many savings on your electricity bills.
• Electricity consumption: The average household in Jim Thorpe uses a decent amount of, and as a result may save on their energy bills.

Because of solar panels now being cheaper than ever as well as local and federal solar incentives, they are a sound investment for most homeowners.

Solar Incentives in Jim Thorpe

Although installing solar panels is typically a large investment, it can save you a lot of money in the long term because of reduced energy bills and government incentives. There are a lot of federal, state and local rebates and tax credits that may earn you anywhere from 26% to 50% of your money back after paying for a solar panel system. Check out the table below to find out what incentives you can benefit from.

Environmental Impact of Switching to Solar in Jim Thorpe

Installing solar panels can have a meaningful effect on the environment. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Jim Thorpe, though. In a city like Jim Thorpe where energy use is rather high, switching to solar energy is a good idea for households who are eco-conscious. In fact, if you install solar panels, you could expect to reduce your carbon dioxide emissions by about 50 pounds each year. For people who care about the environment, the upfront cost of solar is a small price to pay for offsetting your carbon emissions.