15 Best Solar Companies in Swarthmore, PA (Mar 2023 Review)

The Cost and Benefits of Solar in Swarthmore

We get that for most homeowners, the choice to invest in solar comes down to installation costs. Some key things that affect the cost and possible savings include:

• Incentives: Those who install a solar energy system this year can save 30% of their total solar spend by using the federal solar investment tax credit. You can also save about $16,000 on your electricity bills over 20 years excluding incentives.
• The cost of energy for you: If your local energy rates are quite high, there's a good chance you'll end up with a higher return on your investment in a solar system. In Swarthmore, you can save an average of $89 a month on your electricity bills.
• Energy consumption: Solar may be an expensive investment for homes that don't need a good amount of energy a month.
• Your income and budget: This affects what kind of solar panels you can buy.

Because of solar panels decreasing in cost as well as local and federal solar incentives, they are a solid investment for many homeowners.

Solar Incentives in Swarthmore

If you're considering making the switch to solar energy, various government incentives and subsidies can greatly lower the installation costs and speed up the return on your investment. When you install a solar panel system on your house, you become eligible to claim the federal tax credit, or ITC. This credit currently lowers your tax bill by 30% of the cost of your solar panels. In addition, there may often be some local incentives that you can benefit from to further cut back on the cost of solar of solar panels. Our article on solar incentives goes over more in-depth information on the incentives you can find in Swarthmore.

Environmental Impact of Switching to Solar in Swarthmore

Going solar can have a meaningful effect on the environment. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Swarthmore, though. No matter where you are, you can help protect the environment by switching to solar energy, but homes that use lots of energy will have a bigger impact. In fact, if you make the switch to solar power, you could expect to reduce 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 find that there are many good things about adopting solar power other than just saving money on bills. You can also help protect the environment, which some would argue is worth more.