15 Best Solar Companies in Monroe, PA (Aug 2022 Review)

The Cost and Benefits of Solar in Monroe

For many people, the decision of which solar installer to go with comes down to total costs. Some important factors that determine the cost of installing solar panels on your home and how much money you could save over time include:

• Incentives: The federal solar investment tax credit currently lets you reduce your taxes by 26% of the project cost. Your state may also have various incentives that you can benefit from. Plus, you can save about $15,000 over 20 years on your utility bills, not including incentives.
• How much energy costs for you: The typical household in Monroe pays around $1,100 a year on home energy use alone, so you could end up with that much in savings.
• Your energy consumption: If your home needs to use a lot of energy, you'll see more savings from installing solar panels.
• The model of solar panels you want to get: Some cost more, so that will affect your budget for your solar project.

Solar is a valuable investment for most homeowners. You can produce your own electricity instead of paying for it from a utility company and benefit from solar tax credits and rebates, all while helping protect the environment.

Solar Incentives in Monroe

Although a solar power system is typically a large investment, it can save you much money over several years due to lower utility bills and government incentives. On top of the federal solar investment tax credit, there are also some local incentives, which in almost all cases, stack with the federal incentive, so you can save even more. You can find out about the incentives you can take advantage of in the table below.

Environmental Impact of Switching to Solar in Monroe

Lots of people want to do their part for the environment, which in many cases is the primary motivation to install a solar system. But how much can using solar energy instead of traditional energy actually affect the environment? In a place like Monroe where commute times can be pretty long, installing solar panels can help help reduce the carbon footprint of being on the road a lot. Because solar panels don't release carbon dioxide emissions into the atmosphere when producing electricity, they're a good alternative to nonrenewable energy sources. In fact, you could reduce your carbon dioxide emissions by about 50 pounds each year. The benefits of solar power are plentiful — just like solar power is! That's why so many people have been happy with committing to solar.