18 Best Solar Companies in Whitemarsh, PA (Aug 2022 Review)

The Cost and Benefits of Solar in Whitemarsh

We know that for lots of homeowners, the choice to invest in solar comes down to installation costs. A few important factors that determine how much it will cost to install a solar panel system on your home and how much money you could save over time are:

• The kind of solar panel system you can buy: This is dependent on how much you're willing to spend upfront.
• Incentives: The federal solar investment tax credit, which can save you some money, allows you to deduct 26% of the cost of installing your solar panel system from your federal taxes. Additionally, not including incentives, you can save about $15,000 over 20 years on your energy bills.
• How much energy you use: If your home regularly uses a lot of energy, you'll see more savings from installing solar panels.
• Your current electricity bills: Solar panels can significantly reduce, or totally eliminate, your utility bills. In Whitemarsh, you can save an average of $89 a month.

Though a solar panel system costs a sizable chunk of money upfront, it can save you thousands of dollars over the lifespan of your panels. The question of how much, though, depends on several factors, like the amount of daily direct sunlight available and your local electricity rates.

Solar Incentives in Whitemarsh

Although solar power is typically a $15,000 to $25,000 investment, it can save you a substantial amount of money in the long term because of reduced energy bills and government incentives. In addition to the federal solar investment tax credit, there are also some state- and city-level benefits, which in most cases, can be claimed in addition to the federal incentive, so you get to save even more. For detailed information about local incentives, check out the table below.

Environmental Impact of Switching to Solar in Whitemarsh

Switching to solar energy can have a positive effect on the environment. But how much can using solar energy instead of traditional energy actually affect the environment? As reported by the EPA, electricity production is the second greatest source of greenhouse gas emissions and about 62% of our electricity comes from burning fossil fuels. Switching to a clean energy source like solar power can help put a dent in that statistic in a city like Whitemarsh that accounts for a fair amount of carbon dioxide emissions each year. In fact, if you install solar panels, you could be looking at reducing your carbon dioxide emissions by about 50 pounds each year. If you want to do what you can for the environment, you'll no doubt recognize that there are many benefits of adopting solar power other than just saving money on bills. You can also help protect the environment, which some would argue is priceless.