11 Best Solar Companies in Upper Moreland, PA (Feb 2023 Review)

The Cost and Benefits of Solar in Upper Moreland

The cost of putting up a solar panel system has dropped immensely over the past few years, but it's still a substantial investment for most homeowners. Some important factors that influence the cost of installing solar panels on your home and how much it could save you over time are:

• How much sunlight your roof gets: If your roof gets limited direct sunlight, your solar system won't be able to make as much energy, which will leave you with lower savings on electric bills than a roof that gets lots of sunlight.
• Your income and budget: This guides what type of solar panels you can purchase.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which gives you a tax credit currently worth 30% of your overall installation cost, your state or local government may offer additional tax exemptions, credits or rebates that can help you save even more. Not including incentives, you can save an average of $15,000 over 20 years with your system, too.
• Your current energy bills: Solar panels can dramatically reduce, or completely get rid of, your utility bills. In Upper Moreland, you can save an average of $89 a month.

Although a solar panel system costs a decent chunk of money upfront, it can save you much more in the long term. The question of how much, though, depends on a number of factors, such as the kind of solar panels you get and your energy consumption.

Solar Incentives in Upper Moreland

Adopting solar power has a lot of considerable benefits. Not only can it help preserve the planet, but you can also save a good amount of money on your installation with various government incentives. You can qualify for the federal solar investment tax credit (ITC) for the tax year you turn on your a solar panel system. You can also possibly stack the ITC with other state and city rebates and benefits. Our article on solar incentives has more in-depth information on the incentives you can take advantage of in Upper Moreland.

Environmental Impact of Switching to Solar in Upper Moreland

There are a few big reasons why homeowners want to invest in solar energy: to put more money in their bank account and to help the planet. You may be asking yourself — how much does making the switch do for the environment anyway? An important thing to think about is your overall carbon footprint. For example, if your commute is very long, your footprint may be bigger, so switching to solar power for your house can help offset that. Although making solar panels emits carbon dioxide, the panels make up for it by greatly lowering the amount of CO2 you would have been responsible for if you still used traditional energy. In Upper Moreland, you can reduce your carbon footprint by 50 pounds a year with solar panels. Since solar power is abundant and produces electricity without a carbon footprint, installing solar panels is one easy step you can take to help protect the environment.