12 Best Solar Companies in Stroud, PA (Mar 2023 Review)

The Cost and Benefits of Solar in Stroud

The cost of putting up solar panels has gone down significantly over the past few years, but it's still a large investment for most homeowners. A few main factors that affect the cost of installing a solar panel system on your home and how much money you could save over time include:

• The cost of electricity in your area: 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 Stroud, you can save an average of $83 a month on your electricity bills.
• Incentives: Tax-paying citizens who purchase and install a solar system this year can save 30% of their overall solar costs by taking advantage of the federal solar investment tax credit. You can also save about $14,000 on your energy bills over 20 years without incentives.
• Average daily sunlight: Since Stroud doesn't get a lot of average daily sunlight, your solar system may not be able to produce enough energy to power your whole home, which impacts how much your solar panels can save you on your electricity bills.
• Choice of solar panels: The kind of solar panels you choose will affect your total cost. High-efficiency monocrystalline panels are more expensive 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.

Though a solar panel system costs a sizable chunk of money upfront, it can save you thousands of dollars in the long term. The question of how much, though, depends on a number of factors, such as the amount of daily direct sunlight available and your local electricity rates.

Solar Incentives in Stroud

In an effort to increase the adoption of solar power, incentives are offered by the government — and even some utility companies — to help make going solar more financially viable and accessible. Local solar incentives depend on the location and, sometimes, utility company. A lot of states offer rebates for home solar power systems, in addition to the federal solar tax credit. Check out our article on solar incentives to find out what incentives you can benefit from.

Environmental Impact of Switching to Solar in Stroud

If you're planning on adding solar panels to your home, one of the major reasons why may be to lower your greenhouse gas emissions. But you may be curious — how much exactly can you help by making the switch to solar? A significant thing to keep in mind is your overall carbon footprint. For example, if your commute is very long, your footprint may be greater, so adopting solar power for your home can help offset that. In fact, if you make the switch to solar power, you could be looking at reducing your carbon dioxide emissions by about 50 pounds each year. For those who want to help the environment, the upfront cost of solar is a small price to pay for reducing your carbon footprint.