13 Best Solar Companies in Woodward, PA (Jan 2023 Review)

The Cost and Benefits of Solar in Woodward

When choosing a solar company, most homeowners or business owners think about the costs above all. A few key factors that dictate how much it will cost to install a solar panel system on your home and how much money you could save over time include:

• Choice of solar panels: The type of solar panels you buy 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 you don't need to maximize efficiency, you can opt for a higher number of more affordable panels.
• Average daily sunlight: Since Woodward 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 you can save on your energy bills.
• Incentives: One thing that can make your solar project cost less is the solar investment tax credit (ITC), which is a tax credit that lets you deduct from your taxes a percentage of the project cost. You can also save money on your utility bills, which can result in an average of $18,000 of savings over 20 years.
• Your current power bills: Solar panels can significantly reduce, or completely eliminate, your utility bills. In Woodward, you can save an average of $110 a month.

Thanks to solar panels decreasing in cost as well as several solar incentives, they are a worthwhile investment for most homeowners.

Solar Incentives in Woodward

If you're planning on switching to solar energy, a variety of government incentives and solar rebates can drastically bring down the installation costs and speed up the return on your investment. There are a lot of federal, state and local rebates and tax credits that can earn you anywhere from 30% to 50% of your money in return after paying for a solar panel system. For comprehensive information about incentives that apply to you, visit our our article on solar incentives.

Environmental Impact of Switching to Solar in Woodward

There are lots of reasons to make the switch to solar power, like saving on utility bills and helping to lower your carbon footprint. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Woodward, though. In a place like Woodward where commute times can be very long, installing solar panels can help offset some of your carbon dioxide emissions from being on the road a lot. In fact, if you adopt solar power, you could reduce your carbon dioxide emissions by about 50 pounds each year. If you care about the environment, you'll likely recognize that there are many good things about adopting solar energy other than just saving money on electricity. You can also help protect the environment, which some would argue is invaluable.