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

The Cost and Benefits of Solar in New Holland

For many readers, the decision of which solar installer to hire depends on total costs. Some significant things that impact how much it will cost and how much you could save include:

• Your home's power bills: With fairly high monthly electricity bills in New Holland, you could save about $970 a year with solar.
• How much sunlight your roof gets: This, along with how your roof is set up, affects affect how much power your solar panels can produce.
• Choice of solar panels: The type of solar panels you want 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 opt for a higher number of more affordable panels.
• Incentives: The federal solar investment tax credit currently lets you reduce your taxes by 30% of the project cost. Your state may also have various incentives that you can take advantage of. Plus, you can save about $14,000 over 20 years on your utility bills, without incentives.

So is a solar panel system worth it? Whether you hope to decrease your electric bills, carbon emissions or both, solar panels are a good investment for many New Holland homeowners.

Solar Incentives in New Holland

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 solar power more economical and accessible. When you install a solar panel system on your house, 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 may often be some state and city incentives that you can benefit from to further cut back on the cost of solar of solar panels. For more information about incentives for homeowners in New Holland, see our our article on solar incentives.

Environmental Impact of Switching to Solar in New Holland

Making the switch to solar power is a compelling way to do what you can for a more sustainable future. You may be wondering — how much do solar panels do for the planet anyway? The more energy your household uses, the the more the environment will benefit from you switching to solar since you won't have to use as much nonrenewable energy. Even though making solar panels releases carbon dioxide emissions, the panels make up for it by considerably lowering the amount of CO2 you would have been responsible for if you still used nonrenewable energy. In New Holland, you can reduce your carbon footprint by 50 pounds a year with solar panels. For homeowners who care about the environment, the upfront cost of solar is a small price to pay for the offset carbon emissions.