16 Best Solar Companies in Mount Joy, PA (Aug 2022 Review)

The Cost and Benefits of Solar in Mount Joy

For many homeowners, whether or not to invest in solar panels boils down to the cost. A few main factors that determine how much it will cost to install solar panels on your home and how much it could save you over time are:

• Incentives: The federal solar investment tax credit, which can save you some money, lets you deduct 26% of the cost of your solar system installation from your federal taxes. Additionally, not including incentives, you can save about $14,000 over 20 years on your energy bills.
• The type of solar panels you can afford: This is dependent on how much you're willing to spend upfront.
• The amount of sunlight your roof gets: If your roof doesn't see much direct sunlight, your solar system won't be able to produce as much energy, which will leave you with lower savings on power bills than a house with a roof that gets plenty of sunlight.
• Energy consumption: Installing a solar system may be too pricey an option for households that don't consume a good amount of energy a month.

Though a solar panel system costs a good chunk of money upfront, it can save you a considerable amount over the lifespan of your panels. The question of how much, though, depends on several factors, like the kind of solar panels you get and your local electricity rates.

Solar Incentives in Mount Joy

To increase the number of homes and businesses that use solar power, federal and local governments — and even some utility companies — offer incentives to help make switching to solar power more financially viable and accessible. Regardless of where you live, you can take advantage of the federal Solar Investment Tax Credit (ITC), which will let you claim 26% of how much you paid for your solar installation when you file taxes, lowering the amount of taxes you owe that year. Plus, there may be some state and city incentives that can save you some extra money too. Take a look at the table below to find out what incentives you can take advantage of.

Environmental Impact of Switching to Solar in Mount Joy

One of the best reasons to embrace solar power is to decrease your reliance on traditional energy sources like burning fossil fuels, which are harmful for the environment. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Mount Joy, though. Using solar energy for electricity in place of burning fossil fuels is an impactful way to reduce your carbon footprint if you're concerned about Mount Joy's fair level of greenhouse gas emissions. After you go solar, your carbon footprint can be cut by about 50 pounds every year. If you want to do what you can for the environment, you'll no doubt find that there are many benefits of adopting solar energy other than just saving money on bills. You can also help preserve the environment, which some would argue is invaluable.