13 Best Solar Companies in Newtown, PA (Mar 2023 Review)

The Cost and Benefits of Solar in Newtown

Solar panels run off a free energy source — the sun — but to take advantage of this you will need to pay to set up your panels. The installation cost is just one important factor you should consider when looking into getting solar panels. How much it'll cost and how much you can save depend on things including:

• Your home's orientation toward the sun: This, along with how your roof is set up, affects affect how much electricity your solar panels can produce.
• How much you spend on energy: The average household in Newtown shells out around $1,100 a year on home energy use alone, so you could gain that much in savings.
• Incentives: The federal solar investment tax credit currently lets you reduce your taxes by 30% of the project cost. Your state and city may also have incentives and rebates that you can benefit from. In addition, you can save about $15,000 over 20 years on your utility bills, before factoring in incentives.
• Choice of solar panels: The type of solar panels you want will affect your total cost. High-efficiency monocrystalline panels will cost more upfront but can also save you more money 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.

Due to solar panels decreasing in cost as well as various solar incentives, they are a solid investment for the majority of homeowners.

Solar Incentives in Newtown

One of the benefits of installing a solar panel system is receiving federal and potentially state incentives. Regardless of what state you live in, you can take advantage of the federal Solar Investment Tax Credit (ITC), which allows you to claim 30% of how much you paid for your solar installation on your tax return, reducing the amount of taxes you owe that year. Additionally, there may be some local incentives that stack with the ITC too. In our article on solar incentives, you can see the incentives you qualify for in Newtown.

Environmental Impact of Switching to Solar in Newtown

Making the switch to solar power is a great way to do your part for a more eco-friendly future. But how much can using solar energy instead of traditional energy actually help the environment? Something that can dramatically shape your carbon footprint is how long your commute is and how much you drive in general. If you switch to solar power and have an electric car, you can greatly lower your carbon dioxide emissions by charging your car at home. When you go solar, your carbon footprint can be reduced by about 50 pounds every year. The benefits of solar power are infinite — just like solar power is! That's why so many people have been happy with committing to solar.