12 Best Solar Companies in West Vincent, PA (Mar 2023 Review)

The Cost and Benefits of Solar in West Vincent

Solar panels run off a free energy source — the sun — but to take advantage of this you must first pay to install your panels. A few main factors that influence the cost of installing a solar panel system on your home and how much money you could save over time are:

• Choice of solar panels: The kind of solar panels you need will affect your total cost. High-efficiency monocrystalline panels will cost more upfront but can also save you more money over the lifetime of your system. If space isn't a constraint for your project, you can go with a higher number of more affordable panels.
• How much you spend on energy: The typical household in West Vincent pays around $1,000 a year on home energy use alone, so you could gain that much in savings.
• 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. Excluding incentives, you can save an average of $15,000 over 20 years with your solar panels, too.
• How much power your household consumes: Households that need a lot of energy each month may require more solar panels and, consequently, more upfront cost, but will also enjoy more savings over time.

Thanks to the cost of solar panels being lower than before as well as local and federal solar incentives, they are a worthwhile investment for the majority of homeowners.

Solar Incentives in West Vincent

If you're considering making the switch to solar energy, a variety of government incentives and solar rebates can drastically bring down the installation costs and expedite the return on your investment. Regardless of where you live, you can take advantage of the federal Solar Investment Tax Credit (ITC), which will allow you to claim 30% of how much your solar project cost when you file taxes, reducing the amount of taxes you owe that year. Plus, there may be some state and city incentives that stack with the ITC too. For more information about incentives for homeowners in West Vincent, check out our our article on solar incentives.

Environmental Impact of Switching to Solar in West Vincent

Many want to do their part to help save the environment, which often is the prime reason they're interested in installing a solar system. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in West Vincent, though. No matter where you are, you can help save the environment by switching to solar energy, but homes that consume more energy will have an even greater impact. When you go solar, your carbon footprint can be reduced by about 60 pounds each year. For people who want to help the environment, the upfront cost of solar is a small price to pay for the offset carbon emissions.