16 Best Solar Companies in Punxsutawney, PA (Mar 2023 Review)

The Cost and Benefits of Solar in Punxsutawney

When deciding on a solar company, most homeowners or business owners wonder about the costs the most. Some main factors that determine the cost of installing a solar panel system on your home and how much it could save you over time are:

• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which gives you a tax credit currently worth 30% of your overall installation cost, your state or local government may offer additional tax exemptions, credits or rebates that will help you save even more. Excluding incentives, you can save an average of $17,000 over 20 years with your solar panels, too.
• Choice of solar panels: The type of solar panels you buy will affect your total cost. High-efficiency monocrystalline panels will cost more upfront but can also lead to more savings over the lifetime of your system. If space isn't a constraint for your project, you can go with a higher number of more affordable panels.
• The cost of energy for you: If your local energy rates are quite high, there's a better chance you'll get a higher return on your investment in a solar system. In Punxsutawney, you can save an average of $109 a month on your electricity bills.
• Typical energy usage: The more electricity your home uses on average and the higher your current electricity bills are, the more benefits you'll see from switching to solar.

Even though a solar panel system costs a good chunk of money upfront, it can save you a considerable amount in the long term. The question of how much, though, depends on a number of factors, including the size of your solar panel system and your energy consumption.

Solar Incentives in Punxsutawney

Since solar power is more sustainable than burning fossil fuels, there are several government incentives in place to encourage people to make the switch. You can qualify for the federal solar investment tax credit (ITC) for the tax year you turn on your a solar panel system. You can also potentially use the ITC with other local incentives. You can find out about the incentives available to you in our article on solar incentives

Environmental Impact of Switching to Solar in Punxsutawney

If you want to add solar panels to your home, one of the principal reasons why may be to lower your greenhouse gas emissions. But you may be curious — how much exactly can you help the planet by going solar? The amount of energy you use is a key factor to think about. The more power you use, the bigger your impact when you switch to solar energy. Even though solar panel production releases carbon dioxide emissions, the panels make up for it by considerably decreasing the amount of CO2 you would have released if you still used nonrenewable energy. In Punxsutawney, you can reduce your carbon footprint by 50 pounds a year with solar panels. For those who care about the environment, the upfront cost of solar is a small price to pay for offsetting your carbon emissions.