17 Best Solar Companies in Lemoyne, PA (Oct 2022 Review)

The Cost and Benefits of Solar in Lemoyne

Although solar panels can help save you a decent chunk of change on electricity bills over time, it's necessary to know the upfront costs. Some key factors that dictate how much it will cost to install solar panels on your home and how much money you could save over time include:

• How much energy costs for you: If your local energy rates are quite high, there's a better chance you'll end up with a higher return on your investment in a solar panel system. In Lemoyne, you can save an average of $81 a month on your electricity bills.
• Your income and budget: This affects what type of solar panels you can get.
• Incentives: The federal solar investment tax credit, which everyone in the U.S. is eligible for, allows you to deduct 30% of the cost of your solar system installation from your federal taxes. Plus, not including incentives, you can save about $14,000 over 20 years on your energy bills.
• Your city: This influences the average daily sunlight your roof gets, which helps determine how many panels you need.

As a result of the cost of solar panels being lower than before as well as various solar incentives, they are a worthwhile investment for many homeowners.

Solar Incentives in Lemoyne

One of the great things about installing a solar panel system is receiving incentives from the government. When you install a solar panel system on your home, you become eligible to claim the federal tax credit, or ITC. This credit currently lowers your tax bill by 30% of the cost of your solar panels. In addition, there may often be some regional incentives that you can benefit from to further cut back on the cost of solar of solar panels. For more information about incentives that apply to you, see the table below.

Environmental Impact of Switching to Solar in Lemoyne

Many want to do their part to help the environment, which for many is the prime reason they're interested in installing solar panels. A question many people might be wondering about is how much can they really help preserve the environment by switching to solar power anyway? In a city like Lemoyne where energy use is rather high, going solar is a great plan for those who care about the planet. Because solar panels don't release greenhouse gas emissions into the atmosphere when producing electricity, they're a good substitute for nonrenewable energy sources. In fact, you could look forward to lowering your carbon dioxide emissions by about 50 pounds each year. For people who want to help the environment, the upfront cost of solar is a small price to pay for reducing your carbon footprint.