15 Best Solar Companies in Lower Nazareth, PA (Mar 2023 Review)

The Cost and Benefits of Solar in Lower Nazareth

For a lot of homeowners, the decision to invest in a solar energy system boils down to the cost. Some main factors that affect the cost of installing a solar panel system on your home and how much it could save you over time are:

• Electricity consumption: The average home in Lower Nazareth uses a decent amount of, and as a result may save on their energy bills.
• Incentives: Something that can reduce the cost of your solar project is the solar investment tax credit (ITC), which is a tax credit that's equal to a percentage of the project cost. You can also save money on your energy bills, which can give you an average of $14,000 of savings over 20 years.
• Your current energy bills: Solar panels can substantially decrease, or entirely eliminate, your utility bills. In Lower Nazareth, you can save an average of $83 a month.
• The type of solar panels you can buy: This is dependent on what your budget is.

So is buying solar panels worth it? Whether you'd like to reduce your energy bills, carbon emissions or both, solar panels are a good investment for many Lower Nazareth homeowners.

Solar Incentives in Lower Nazareth

If you're thinking about switching to solar energy, a variety of government incentives and tax credits can immensely reduce the installation costs and speed up the return on your investment. Local solar incentives depend on the location and, sometimes, utility company. Many states offer rebates for solar power systems, in addition to the federal solar tax credit. For more information about incentives for homeowners in Lower Nazareth, check out our our article on solar incentives.

Environmental Impact of Switching to Solar in Lower Nazareth

There are many reasons to trade traditional energy for solar energy, like saving some money on electricity bills and helping to lower your carbon footprint. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Lower Nazareth, though. Something that can dramatically affect your carbon footprint is your commute time and how much you drive altogether. If you switch to solar power and have an electric car, you can significantly lower your carbon dioxide emissions by charging your car at home. In fact, if you install solar panels, you could be looking at reducing your carbon dioxide emissions by about 50 pounds each year. For homeowners who care about the environment, the upfront cost of solar is a small price to pay for reducing your carbon footprint.