17 Best Solar Companies in Lower Moreland, PA (2023 Reviews)

The Cost and Benefits of Solar in Lower Moreland

For many readers, the decision of which solar installer to choose comes down to pricing. Some important factors that determine how much it will cost to install a solar panel system on your home and how much it could save you over time are:

• Your home's power bills: With fairly high monthly electric bills in Lower Moreland, you could save about $1,100 a year with solar.
• Incentives: Something that can reduce the cost of your solar project 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 generate an average of $15,000 of savings over 20 years.
• Your income and budget: This shapes what type of solar panels you can buy.
• average energy usage: The more electricity your home consumes on average and the larger your current electricity bills are, the more benefits you'll see from going solar.

There are many good benefits of solar in spite of the initial cost of installation. It can help the Earth and your bank account. Plus, it can increase the value of your home, resulting in even more benefits if you choose to sell your home later.

Solar Incentives in Lower Moreland

To increase the number of homes and businesses that use solar power, incentives are offered by the government — and even some utility companies — to help make switching to solar power more financially viable and accessible. State and city solar incentive programs depend on the location and, sometimes, utility company. A lot of states offer rebates for solar power systems, in addition to the federal solar tax credit. For comprehensive information about incentives for homeowners in Lower Moreland, see our our article on solar incentives.

Environmental Impact of Switching to Solar in Lower Moreland

Replacing nonrenewable energy with solar power is a great way to do your part for a greener future. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Lower Moreland, though. The average person has a considerable carbon footprint. Between their car, which is responsible for over 10,000 pounds of carbon dioxide emissions each year, and energy for their home, it can be overwhelming to think about what to do. Installing solar panels is a practical thing you can do to help. Because solar panels don't release greenhouse gas emissions into the atmosphere when creating electricity, they're a good trade for traditional energy sources. In fact, you could lower your carbon dioxide emissions by about 50 pounds each year. As you can see, investing in solar has so many other perks apart from saving money. One of the primary ones is that you can help save the planet too.