14 Best Solar Companies in Lewisburg, PA (Jan 2023 Review)

The Cost and Benefits of Solar in Lewisburg

We get that for most homeowners, the choice to invest in solar rests on installation costs. The overall price and potential savings vary depending on some important factors such as:

• System size and type: Some models are more costly than others, so the one you decide on can raise or lower your upfront cost. Plus, the more solar panels you need to buy, the more it'll cost.
• Electricity consumption: The average home in Lewisburg uses a decent amount of, and therefore may save on their energy bills.
• Your household's power bills: Due to high monthly electricity bills in Lewisburg, you could save about $820 a year with solar.
• Incentives: The federal solar investment tax credit currently allows you to 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 $11,000 over 20 years on your utility bills, without incentives.

Although a solar panel system costs a decent chunk of money upfront, it can save you a considerable amount over the lifespan of your panels. The question of how much, though, depends on a number of factors, like the kind of solar panels you get and your current power bills.

Solar Incentives in Lewisburg

If you're considering making the switch to solar power, several government incentives and subsidies can drastically lower your project costs and expedite the return on your investment. When you install solar panels, you can claim the federal tax credit, or ITC. This credit currently reduces your tax bill by 30% of the cost of your solar panels. Plus, there may often be some regional incentives that you can benefit from to further save. Take a look at our article on solar incentives to learn what incentives you can benefit from.

Environmental Impact of Switching to Solar in Lewisburg

There are a few big reasons why many people want to invest in solar energy: for the good of their bank accounts and the planet. But how much can switching to solar actually help the environment? In a city like Lewisburg where energy use is rather high, making the switch to solar power is a great idea for people who are eco-conscious. In fact, if you make the switch to solar power, you could be looking at reducing your carbon dioxide emissions by about 50 pounds each year. As you can see, trading traditional energy for solar has so many other perks besides saving money. One of the most important ones is that you can help save the Earth too.