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

The Cost and Benefits of Solar in Loyalhanna

The cost of putting up a solar panel system has gone down significantly over the past few years, but it's still a large investment for most homeowners. The overall price and potential savings vary depending on a few important factors such as:

• Your current energy bills: Solar panels can greatly lower, or completely eliminate, your utility bills. In Loyalhanna, you can save an average of $70 a month.
• Your income and budget: This shapes what type of solar panels you can buy.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you receive a tax credit curretnly worth 30% of your total installation cost, your local government may offer additional tax exemptions, credits or rebates that will help you save even more. Not including incentives, you can save an average of $11,000 over 20 years with your solar system, too.
• How much power your household needs: If your home regularly uses a lot of energy, you'll see more savings from switching to solar.

Solar is a profitable investment for most homeowners. You can produce your own power instead of paying for it from the grid and make use of solar incentives and rebates, all while helping the environment.

Solar Incentives in Loyalhanna

Although installing solar panels is typically a $15,000 to $25,000 investment, it can save you a considerable amount of money over time due to reduced energy bills and government incentives. You can qualify for the federal solar investment tax credit (ITC) for the tax year you turn on your a solar panel system. You can also potentially use the ITC with other state and city rebates and benefits. For comprehensive information about incentives that apply to you, see our our article on solar incentives.

Environmental Impact of Switching to Solar in Loyalhanna

If you're considering adding solar panels to your home, one of the major reasons why may be to reduce your carbon dioxide emissions. You may be trying to figure out — how much does going solar help the planet anyway? Regardless of your location, you can help save the environment by switching to solar energy, but homes that consume more energy will have an even greater impact. In fact, if you adopt solar power, you could be looking at reducing your carbon dioxide emissions by about 80 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.