13 Best Solar Companies in Upper Nazareth, PA (Oct 2022 Review)

The Cost and Benefits of Solar in Upper Nazareth

Even though solar panels can help save you a decent chunk of change on utility bills over time, it's necessary to consider the upfront costs. There are a few factors you should consider when trying to figure out the overall cost and how much you can save, such as:

• Average daily sunlight: Since Upper Nazareth gets a decent amount of average daily sunlight, your solar panels can generally generate enough energy to power your whole home, which influences how much you can save on your energy bills.
• The kind of solar panels you're planning on getting: More efficient models are more costly, so that will shape your budget for your solar project.
• Your energy bills: This will influence how much money you might save. In Upper Nazareth, the average homeowner can save about $1,000 a year on their electricity bills.
• 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 will help you save even more. Aside from incentives, you can save an average of $14,000 over 20 years with your system, too.

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

Solar Incentives in Upper Nazareth

Although a solar power system is typically a $15,000 to $25,000 investment, it can save you a substantial amount of money over many years because of smaller power bills and government incentives. These incentives mostly take the form of cash rebates, tax credits and/or solar renewable energy credits. They can lower how much you end up spending on installing solar panels by 26 to 50% in some cases. The table below lists out the incentives you can benefit from in Upper Nazareth.

Environmental Impact of Switching to Solar in Upper Nazareth

A lot of people want to do their part for the planet, which for many is the prime reason they're interested in installing solar panels. You may be asking yourself — how much do solar panels do for the environment anyway? One thing to consider is your overall carbon footprint. For example, if you have a long commute time and have an electric vehicle, you can install solar panels on your home to power your EV and therefore help offset your carbon emissions. In fact, if you adopt solar power, you could expect to reduce 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.