13 Best Solar Companies in Meridian, PA (Jan 2023 Review)

The Cost and Benefits of Solar in Meridian

Solar panels are powered by a free energy source — the sun — but to take advantage of this you must first pay to install your panels. Some important things that affect the upfront cost and potential savings over time include:

• How much sunlight your roof gets: If your rooftop doesn't get a lot of direct sunlight, your solar system won't be able to produce as much energy, which will give you lower savings on electric bills than a house with a roof that gets lots of sunlight.
• How much energy costs for you: The typical household in Meridian spends around $1,000 a year on electricity alone, so you could be looking at that much in savings.
• The kind of solar panels you want: Higher-efficiency panels cost more, so that will influence your budget for your solar project.
• Incentives: The federal solar investment tax credit, which can save you some money, lets you deduct 30% of the cost of installing your solar panel system from your federal taxes. Additionally, not including incentives, you can save about $14,000 over 20 years on your energy bills.

So is a solar panel system worth it? Whether you'd like to decrease your electric bills, carbon emissions or both, solar panels are a solid investment for many Meridian homeowners.

Solar Incentives in Meridian

Although a solar power system is typically a $15,000 to $25,000 investment, it can save you a significant amount of money in the long term due to reduced power bills and government incentives. You are eligible for the federal solar investment tax credit (ITC) for the tax year you turn on your solar panels. You can also potentially stack the ITC with other state and city rebates and benefits. Take a look at our article on solar incentives to learn what incentives are available to you.

Environmental Impact of Switching to Solar in Meridian

One of the most compelling reasons to adopt solar energy is to minimize your dependence on traditional energy sources like burning fossil fuels, which are harmful for the environment. But how much can installing solar panels actually help the environment? In a city like Meridian where energy use is rather high, installing solar panels is a great idea for people who are worried about the state of the planet. If you go solar, your carbon footprint can be reduced by about 50 pounds each year. Since solar power is abundant and makes electricity without CO2 emissions, adding solar panels to your home is one easy step you can take to help preserve the environment.