18 Best Solar Companies in Monaca, PA (Mar 2023 Review)

The Cost and Benefits of Solar in Monaca

Solar panels run off a free energy source — the sun — but before you can take advantage of this you will need to pay to set up your system. The cost of solar and the savings it generates vary depending on some key factors such as:

• Energy consumption: Installing a solar system may be too steep of an investment for households that don't use a lot of energy per month.
• Your energy bills: This will impact your savings. In Monaca, the average resident can save about $1,200 a year on their electricity bills.
• Incentives: One thing that can make your solar project cost less 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 on your utility bills, which can lead to an average of $16,000 of savings over 20 years.
• Your income and budget: This guides what kind of solar panels you can purchase.

Due to solar panels now being cheaper than ever as well as various solar incentives, they are a worthwhile investment for many homeowners.

Solar Incentives in Monaca

If you're considering switching to solar energy, a variety of government incentives and subsidies can immensely reduce the installation costs and speed up the return on your investment. These incentives typically consist of cash rebates, tax credits and/or solar renewable energy credits. They can lower the cost of going solar by 30%, upwards of 50% depending on your location. For comprehensive information about local incentives, see our our article on solar incentives.

Environmental Impact of Switching to Solar in Monaca

Switching to solar energy can have a beneficial effect on the environment. A question many homeowners might be thinking about is how much can they really help the environment by switching to solar power anyway? In a city like Monaca where energy use is rather high, installing solar panels is a fantastic plan for households who are worried about the state of the planet. In fact, if you make the switch to solar power, you could be looking at reducing your carbon dioxide emissions by about 80 pounds each year. For those who want to help the environment, the upfront cost of solar is a small price to pay for the offset carbon emissions.