17 Best Solar Companies in Norristown, PA (Oct 2022 Review)

The Cost and Benefits of Solar in Norristown

Even though solar panels can save you a good amount of money on utility bills over time, it's necessary to consider the startup costs. The overall price and potential savings vary depending on some important factors such as:

• Energy consumption: Installing solar panels may be a high-cost investment for homes that don't consume too much energy each month.
• The kind of solar panels you want to get: More efficient models are more expensive, so that will affect your budget for your solar project.
• How much sunlight your roof gets: If your roof doesn't see much direct sunlight, your solar system won't be able to make as much energy, which will give you lower savings on power bills than someone with a roof that gets plenty of sunlight.
• Incentives: One thing that can reduce the cost of your solar project 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 on your power bills, which can generate an average of $15,000 of savings over 20 years.

So is a solar system worth it? Whether you want to reduce your energy bills, carbon emissions or both, solar panels are a good investment for many Norristown homeowners.

Solar Incentives in Norristown

Although a solar power system is typically a big investment, it can save you a lot of money over several years because of smaller energy bills and government incentives. When you install a solar panel system, you can take advatage of the federal tax credit, or ITC. This credit currently reduces your tax bill by 30% of the cost of your solar panels. Additionally, there may often be some local incentives that you can use to further cut back on the cost of solar of solar panels. For detailed information about incentives that apply to you, see the table below.

Environmental Impact of Switching to Solar in Norristown

Going solar can have a beneficial impact on the environment. But you may be wondering — how much exactly can you help the environment by making the switch to solar? If your home consumes a lot of energy, you can impact the environment even more by switching to solar energy. Though solar panel manufacturing releases carbon dioxide emissions, the panels make up for it by considerably decreasing the amount of CO2 you would have produced if you still used traditional energy. In Norristown, you can reduce your carbon footprint by 50 pounds a year with solar panels. If you want to do what you can for the environment, you'll no doubt recognize that there are many benefits of adopting solar power other than just saving money on electricity. You can also help preserve the environment, which some would argue is priceless.