15 Best Solar Companies in Upper Gwynedd, PA (Feb 2023 Review)

The Cost and Benefits of Solar in Upper Gwynedd

The cost of putting up solar panels has gone down significantly over the past few years, but it's still a substantial investment for most homeowners. Some main factors that dictate how much it will cost to install solar panels on your home and how much it could save you over time are:

• Your energy bills: This will influence your savings. In Upper Gwynedd, the average homeowner can save about $1,200 a year on their electricity bills.
• Your income and budget: This shapes what model of solar panels you can afford.
• Incentives: The federal solar investment tax credit currently allows you to decrease your taxes by 30% of the project cost. Your state may also have various incentives that you can take advantage of. Plus, you can save about $17,000 over 20 years on your utility bills, before factoring in incentives.
• Your energy consumption: If your home uses a lot of energy, you'll benefit more from installing solar panels.

Though a solar panel system costs a decent chunk of money upfront, it can save you a considerable amount over the lifespan of your panels. 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 Upper Gwynedd

To increase the adoption of solar power, federal and local governments — and even some utility companies — offer incentives to help make solar power more economical and accessible. Everyone can take advantage of the federal Solar Investment Tax Credit (ITC), which allows you to claim 30% of your project costs when you file taxes, reducing the amount of taxes you owe that year. In addition, there may be some local incentives that stack with the ITC too. Our article on solar incentives has more detailed information on the incentives you can benefit from in Upper Gwynedd.

Environmental Impact of Switching to Solar in Upper Gwynedd

Lots of people want to do their part to help the planet, which often is the main reason they're interested in installing solar panels. Something many homeowners might be asking themselves is how much can they really help preserve the environment by switching to solar power anyway? Your energy usage is a key factor to keep in mind. The more electricity you use, the larger your impact when you go solar. Since solar panels don't release carbon dioxide emissions into the atmosphere when producing electricity, they're a good substitute for traditional energy sources. In fact, you could be looking at reducing your carbon dioxide emissions by about 50 pounds each year. As you can see, going solar has so many other perks beyond saving money. One of the most important ones is that you can help save the planet too.