17 Best Solar Companies in Wallace, PA (Mar 2023 Review)

The Cost and Benefits of Solar in Wallace

The cost of installing solar panels has gone down immensely over the past several years, but it's still a significant investment for most homeowners. Some main factors that determine the cost of installing a solar panel system on your home and how much it could save you over time include:

• How much energy you use: If your home uses a lot of energy, you'll see more savings from installing solar panels.
• System size and type: Some models are more pricy than others, so the one you choose can raise or lower your initial investment. Plus, the more solar panels you need to get, the more it'll cost.
• How much sunlight your roof gets: If your rooftop doesn't get a lot of direct sunlight, your solar system won't be able to make as much energy, which will leave you with lower savings on power bills than a house with a roof that gets plenty of sunlight.
• Incentives: The federal solar investment tax credit, which everyone in the U.S. is eligible for, lets you deduct 30% of the cost of your solar system installation from your taxes. In addition, not including incentives, you can save about $15,000 over 20 years on your energy bills.

Solar is a rewarding investment for most homeowners. You can produce your own electricity instead of paying for it from a utility company and take advantage of solar incentives, all while helping the planet.

Solar Incentives in Wallace

Switching to solar power has lots of great benefits. Not only can it help protect the planet, but you can also save some money on your installation with various government incentives. You qualify for the federal solar investment tax credit (ITC) for the tax year you turn on your solar panels. You can also possibly stack the ITC with other state and city rebates and benefits. In our article on solar incentives, you can read about the incentives you qualify for near you.

Environmental Impact of Switching to Solar in Wallace

If you're thinking of adding solar panels to your home, one of the primary reasons why may be to reduce your greenhouse gas emissions. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Wallace, though. Going solar is a great choice for the environment, due to the fact that the biggest source of greenhouse gas emissions in the country is from burning fossil fuels for electricity, heat, and transportation — all of which can be powered by solar instead. Though making solar panels emits carbon dioxide, the panels make up for it by greatly lowering the amount of CO2 you would have produced if you still used nonrenewable energy. In Wallace, you can reduce your carbon footprint by 60 pounds a year with solar panels. Since solar power is plentiful and produces electricity without releasing carbon emissions, installing solar panels is one easy step you can take to help the planet.