15 Best Solar Companies in Nanticoke, PA (Mar 2023 Review)

The Cost and Benefits of Solar in Nanticoke

When picking a solar company, most homeowners or business owners think about the costs above all. There are a few factors you should consider when determining how much it will cost and how much you can save, such as:

• Your current power bills: Solar panels can noticeably reduce, or totally eliminate, your utility bills. In Nanticoke, you can save an average of $71 a month.
• Energy consumption: Solar may be a high-cost option for homes that don't need a lot of energy a month.
• Choice of solar panels: The type of solar panels you get will affect your total cost. High-efficiency monocrystalline panels are more expensive upfront but can also lead to more savings over the lifetime of your system. If you don't need to maximize efficiency, you can go with a higher number of more affordable panels.
• 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 state or local government may offer additional tax exemptions, credits or rebates that can help you save even more. Not including incentives, you can save an average of $12,000 over 20 years with your solar panels, too.

There are many good benefits of solar despite the initial cost of installation. It can help the environment and your wallet. Additionally, it can raise the value of your home, giving you even more benefits if you decide to sell your home later.

Solar Incentives in Nanticoke

In order to increase solar panel installation and usage, federal, state and local governments — and even some utility companies — offer incentives to help make solar more affordable and accessible. When you install solar panels, you can take advatage of the federal tax credit, or ITC. This credit currently lets you reduce your tax bill by 30% of the cost of your solar panels. Additionally, there are often some state and city incentives that you can benefit from to further cut back on the cost of solar of solar panels. Take a look at our article on solar incentives to see what incentives are available to you.

Environmental Impact of Switching to Solar in Nanticoke

There are a few primary reasons why many people are interested in solar energy: for the good of their bank accounts and the planet. You may be curious — how much do solar panels do for the environment anyway? Everyone can help save the planet by switching to solar energy, but homes that use more energy will have an even greater impact. In Nanticoke, the average person can reduce their carbon footprint by 50 pounds a year once they go solar. For people who care about the environment, the upfront cost of solar is a small price to pay for the offset carbon emissions.