15 Best Solar Companies in Waterford, PA (Dec 2022 Review)

The Cost and Benefits of Solar in Waterford

Even though solar panels can save you a good amount of money on utility bills over time, it's important to consider the upfront costs. The installation cost is just one important factor you should take into account when looking into installing solar panels. How much it'll cost and how much you can save depend on things such as:

• The kind of solar panels you can buy: This is dependent on how much you're willing to invest upfront.
• Average daily sunlight: Since Waterford doesn't get a lot of average daily sunlight, your solar system may not be able to produce enough energy to power your whole home, which impacts how much your solar panels can save you on your electricity bills.
• How much energy costs for you: The average family in Waterford spends around $1,300 a year on electricity alone, so you could gain that much in savings.
• Incentives: The federal solar investment tax credit currently lets you reduce your taxes by 30% of the project cost. Your state and even local utility companies may also have various incentives that you can use. Plus, you can save about $17,000 over 20 years on your utility bills, not including incentives.

Solar is a worthwhile investment for most homeowners. You can generate your own energy instead of paying for it from the grid and make use of solar incentives and rebates, all while helping preserve the Earth.

Solar Incentives in Waterford

Although installing solar panels is typically a large investment, it can save you a considerable amount of money over time because of lower utility bills and government incentives. There are quite a few federal, state and local rebates and tax credits that can earn you anywhere from 30% to 50% of your money in return after installing a solar panel system. Take a look at our article on solar incentives to learn what incentives are available to you.

Environmental Impact of Switching to Solar in Waterford

One of the best reasons to use solar energy is to reduce your dependence on nonrenewable energy sources like burning fossil fuels, which are harmful for the environment. A question many might be wondering about is how much can they really help protect the environment by switching to solar power anyway? If your family consumes a lot of energy, you can impact the environment even more by switching to solar power. Once you go solar, your carbon footprint can be reduced by about 50 pounds every year. Since solar energy is renewable and generates electricity without CO2 emissions, adding solar panels to your home is one easy step you can take to help the planet.