17 Best Solar Companies in Nazareth, PA (Mar 2023 Review)

The Cost and Benefits of Solar in Nazareth

While solar panels can help save you a decent chunk of change on energy bills over time, it's necessary to know the startup costs. Some important things that determine the cost and possible savings include:

• Incentives: Something 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 a decent amount of money on your power bills, which can result in an average of $14,000 of savings over 20 years.
• average energy usage: The more power your home uses on average and the higher your current power bills are, the more likely you'll benefit from switching to solar.
• Your energy bills: This will affect your savings. In Nazareth, the average resident can save about $1,000 a year on their electricity bills.
• The kind of solar panel system you can purchase: This depends on your income and budget.

Even though a solar panel system costs a decent 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 a number of factors, such as the size of your solar panel system and incentives.

Solar Incentives in Nazareth

Adopting solar power has lots of wonderful benefits. Not only can it help preserve the environment, but you can also save some money on your installation with various government incentives. You qualify for the federal solar investment tax credit (ITC) for the tax year you turn on your solar panels. You can also possibly use the ITC with other state and city incentives. For comprehensive information about local incentives, visit our our article on solar incentives.

Environmental Impact of Switching to Solar in Nazareth

There are a few important reasons why many people are considering solar energy: for the financial and environmental benefits. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Nazareth, though. The average person has a sizable carbon footprint. Between their car, which is responsible for over 10,000 pounds of carbon dioxide emissions every year, and electricity for their home, it can be overwhelming to figure out what to do. Switching to solar is a simple thing you can do to help. Since solar panels don't release carbon dioxide emissions into the atmosphere when producing electricity, they're a good trade for traditional energy sources. In fact, you could be looking at reducing your carbon dioxide emissions by about 50 pounds each year. Since solar power is plentiful and generates electricity without a carbon footprint, making the switch to solar power is one easy step you can take to help the planet.