18 Best Solar Companies in Springfield, PA (Aug 2022 Review)

The Cost and Benefits of Solar in Springfield

For lots of homeowners, whether or not you should invest in a solar energy system depends the most on the cost. Some significant things that influence the cost and possible savings include:

• Incentives: The federal solar investment tax credit currently allows you to decrease your taxes by 26% of the project cost. Your state and city may also have incentives and rebates that you can take advantage of. In addition, you can save about $16,000 over 20 years on your utility bills, not including incentives.
• Average daily sunlight: Since Springfield gets a decent amount of average daily sunlight, your solar panels can generally generate enough energy to power your whole home, which affects how much your electricity bills will be.
• Your income and budget: This guides what model of solar panels you can get.
• How much energy you use: If your home uses a lot of energy, you'll reap more rewards from installing solar panels.

Because of solar panels now being cheaper than ever as well as several solar incentives, they are a cost-effective investment for most homeowners.

Solar Incentives in Springfield

In order to increase solar panel installation and usage, federal and local governments — and even some utility companies — offer incentives to help make solar power more economically viable and accessible. When you install a solar panel system, you become eligible to claim the federal tax credit, or ITC. This credit currently lowers your tax bill by 26% of the cost of your solar panels. Additionally, there may often be some state and city incentives that you can use to further save. You can find out about the incentives you can use in the table below.

Environmental Impact of Switching to Solar in Springfield

One reason so many people are considering installing solar panels is to help lower their environmental impact. You may be wondering — how much does going solar help the planet anyway? In a city like Springfield where energy use is rather high, going solar is a fantastic idea for people who care about the planet. Since solar panels don't release carbon dioxide emissions into the atmosphere when creating electricity, they're a good substitute for nonrenewable energy sources. In fact, you could lower your carbon dioxide emissions by about 60 pounds each year. If you want to do what you can for the environment, you'll no doubt understand that there are many good things about adopting solar power other than just saving money on electricity. You can also help protect the environment, which some would argue is invaluable.