18 Best Solar Companies in Telford, PA (Mar 2023 Review)

The Cost and Benefits of Solar in Telford

Although solar panels can save you money on energy over time, it's important to know the upfront costs. There are a few factors you should consider when trying to determine how much it will cost and how much you can save, such as:

• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which gives you a tax credit currently worth 30% of your total installation cost, your state or local government may offer additional tax exemptions, credits or rebates that will help you save even more. Not including incentives, you can save an average of $15,000 over the first 20 years with your solar system, too.
• Your power bills: This will impact how much you can save. In Telford, the average homeowner can save about $1,000 a year on their electricity bills.
• Where your home is: This influences the average daily sunlight your roof gets, which helps determine how many panels you need.
• The type of solar panels you can afford: This hinges on how much you're willing to spend upfront.

Though a solar panel system costs a good chunk of money upfront, it can save you much more over time. The question of how much, though, depends on a number of factors, including the angle of your roof and incentives.

Solar Incentives in Telford

If you're considering making the switch to solar power, a variety of government incentives and tax credits can greatly bring down the installation costs and speed up the return on your investment. These incentives typically take the form of cash rebates, tax breaks and/or performance-based incentives. They can lower how much you pay for installing solar panels by 30%, upwards of 50% in some cases. You can learn about the incentives you can take advantage of in our article on solar incentives

Environmental Impact of Switching to Solar in Telford

There are a few important reasons why many people want to invest in solar energy: for the financial and environmental benefits. But — how much exactly can you help by making the switch to solar? An important thing to consider is your overall carbon footprint. For example, if your commute is very long, your footprint may be larger, so adopting solar energy for your home can help offset that. After you go solar, your carbon emissions can be lowered by about 50 pounds each year. Since energy from the sun is plentiful and makes electricity without CO2 emissions, installing solar panels is one easy step you can take to help the environment.