15 Best Solar Companies in Silver Spring, PA (Oct 2022 Review)

The Cost and Benefits of Solar in Silver Spring

While solar panels can save you a good amount of money on power bills over time, it's important to take into consideration the startup costs. The installation cost is just one important factor you should take into account when looking into getting solar panels. How much it'll cost and how much you can save depend on things such as:

• How much energy your home consumes: Homes that use lots of power each month may call for more solar panels and, as a result, be more expensive, but will also benefit more over time.
• System size and type: Some models are more pricy than others, so the one you decide on can raise or lower your initial investment. Plus, the more solar panels you need, the more it'll cost.
• Your home's orientation toward the sun: This, plus your roof configuration, affects affect how much electricity your solar panels can generate.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you deduct 30% of your total installation cost, your state or local government may offer additional tax exemptions, credits or rebates that can help you save even more. Not including incentives, you can save an average of $15,000 over the first 20 years with your system, too.

Even though a solar panel system costs a decent chunk of money upfront, it can save you a considerable amount over time. The question of how much, though, depends on several factors, such as the size of your solar panel system and your current power bills.

Solar Incentives in Silver Spring

There are several reasons why you should switch to solar. One of them consists of some government incentives you can take advantage of. You can qualify for the federal solar investment tax credit (ITC) for the tax year you turn on your a solar system. You can also possibly stack the ITC with other local rebates and benefits. The table below lists out the incentives you can benefit from in Silver Spring.

Environmental Impact of Switching to Solar in Silver Spring

Making the switch to solar power is a good way to do what you can for a more eco-friendly future. A question many homeowners might be thinking about is how much can they really help the environment by going solar anyway? No matter where you are, you can help the environment by switching to solar energy, but homes that use more energy will have an even greater impact. In Silver Spring, the average resident can reduce their carbon footprint by 50 pounds a year once they go solar. Since energy from the sun is renewable and produces electricity without CO2 emissions, installing solar panels is one easy step you can take to help protect the planet.