17 Best Solar Companies in Lower Gwynedd, PA (Mar 2023 Review)

The Cost and Benefits of Solar in Lower Gwynedd

When picking a solar company, most homeowners or business owners worry about the costs the most. The installation cost is just one important factor you should bear in mind when looking into getting solar panels. How much it'll cost and how much you can save depend on things such as:

• Average daily sunlight: Since Lower Gwynedd gets a decent amount of average daily sunlight, your solar panels can generally produce enough energy to power your whole home, which influences how much you can save on your energy bills.
• Electricity consumption: The average household in Lower Gwynedd uses a decent amount of, and as a result may save on their energy bills.
• Choice of solar panels: The kind of solar panels you are interested in getting will affect your total cost. High-efficiency monocrystalline panels will cost more upfront but can also lead to more savings over the lifetime of your system. If you don't need to maximize efficiency, you can go with a higher number of more affordable panels.
• 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 federal taxes. In addition, not including incentives, you can save about $15,000 over 20 years on your energy bills.

There are several wonderful benefits of solar even with the initial cost of installation. It can help the environment and your bank account. Plus, it can boost the value of your home, resulting in even more benefits if you want to sell your home later.

Solar Incentives in Lower Gwynedd

One of the good things about installing a solar panel system is earning federal and potentially state incentives. Regardless of what state you live in, you can take advantage of the federal Solar Investment Tax Credit (ITC), which allows you to claim 30% of how much you paid for your solar installation when you file taxes, lowering the amount of taxes you owe that year. Plus, there may be some state and city incentives you can benefit from too. For detailed information about local incentives, see our our article on solar incentives.

Environmental Impact of Switching to Solar in Lower Gwynedd

Many want to do their part to help save the environment, which for many is the chief motivation to install a solar system. You may be curious — how much do solar panels help the environment anyway? Something that can dramatically affect your carbon footprint is how long your commute is and how much you drive overall. If you switch to solar power and have an electric car, you can significantly decrease your carbon dioxide emissions by charging your car at home. Since solar panels don't release greenhouse gas emissions into the atmosphere when creating electricity, they're a good trade for nonrenewable energy sources. In fact, you could reduce your carbon dioxide emissions by about 50 pounds each year. Since energy from the sun is plentiful and makes electricity without a carbon footprint, adding solar panels to your home is one easy step you can take to help protect the planet.