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

The Cost and Benefits of Solar in Latrobe

While solar panels can save you a decent chunk of change on utility bills over time, it's important to consider the upfront costs. Some significant things that affect how much it will cost and how much you could save include:

• Incentives: Something that can make your solar project cost less is the solar investment tax credit (ITC), which is a tax credit that lets you deduct from your taxes a percentage of the project cost. You can also save money on your power bills, which can give you an average of $11,000 of savings over 20 years.
• Energy consumption: Installing solar panels may be too pricey an option for households that don't consume a lot of energy each month.
• The kind of solar panel system you have the money for: This depends on how much you're willing to invest upfront.
• The cost of energy for you: If your local power rates are high, there's a good chance you'll get a higher return on your investment in a solar system. In Latrobe, you can save an average of $70 a month on your electricity bills.

Though a solar panel system costs a sizable chunk of money upfront, it can save you a considerable amount in the long term. The question of how much, though, depends on several factors, including the size of your house and your current power bills.

Solar Incentives in Latrobe

If you're considering making the switch to solar power, a number of government incentives and state programs can drastically bring down the installation costs and speed up the return on your investment. There are a lot of federal, state and local rebates and tax credits that can earn you a decent amount of money in return after paying for a solar panel system. You can find out about the incentives available to you in the table below.

Environmental Impact of Switching to Solar in Latrobe

Replacing nonrenewable energy with solar power is a good way to do your part for a more sustainable future. You may be asking yourself — how much does making the switch help the planet anyway? Everyone can help the environment by switching to solar energy, but homes that use a lot of energy will have a bigger impact. Because solar panels don't release carbon dioxide emissions into the atmosphere when generating electricity, they're a good swap for traditional energy sources. In fact, you could reduce your carbon dioxide emissions by about 80 pounds each year. Since solar energy is abundant and produces electricity without releasing carbon emissions, making the switch to solar power is one easy step you can take to help preserve the environment.