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

The Cost and Benefits of Solar in Lebanon

For the majority of homeowners, the decision to invest in a solar energy system depends the most on the cost. A few main factors that influence how much it will cost to install a solar panel system on your home and how much money you could save over time are:

• Incentives: The federal solar investment tax credit currently lets you lower your taxes by 30% of the project cost. Your state and even local utility companies may also have various incentives that you can use. Additionally, you can save about $14,000 over 20 years on your utility bills, before factoring in incentives.
• Your current electric bills: Solar panels can greatly reduce, or totally eliminate, your utility bills. In Lebanon, you can save an average of $84 a month.
• Your income and budget: This determines what model of solar panels you can afford.
• Electricity consumption: The average household in Lebanon uses a decent amount of, and so may save on their energy bills.

Thanks to solar panels decreasing in cost as well as several solar incentives, they are a sound investment for many homeowners.

Solar Incentives in Lebanon

Although solar power is typically a large investment, it can save you a considerable amount of money over time due to lower utility bills and government incentives. There are quite a few federal, state and local rebates and tax credits that earn some money in return after buying solar panels. Check out our article on solar incentives to find out what incentives you can benefit from.

Environmental Impact of Switching to Solar in Lebanon

Replacing nonrenewable energy with solar power is a profound way to do what you can for a greener future. But you may be wondering — how much exactly can you help the environment by making the switch to solar? No matter where you are, you can help save the planet by switching to solar energy, but homes that use lots of energy will have a greater impact. Because solar panels don't release CO2 emissions into the atmosphere when generating electricity, they're a good swap for nonrenewable energy sources. In fact, you could be looking at reducing your carbon dioxide emissions by about 50 pounds each year. As you can see, using solar power has so many other rewards beyond saving money. One of the primary ones is that you can help save the planet too.