11 Best Solar Companies in Anderson, SC (Jun 2022 Review)

The Cost and Benefits of Solar in Anderson

Solar panels run off a free energy source — the sun — but before you can take advantage of this you will first need to pay to set up your panels. Some key things that influence the upfront cost and potential savings over time include:

• Average daily sunlight: Since Anderson gets lots of sunlight, your solar panel system will most likely be able to generate enough energy to power your whole home, which influences how much you can save on your energy bills.
• Electricity consumption: The average household in Anderson uses a lot of energy, and as a result may see more savings on electricity bills than other places.
• How much energy costs for you: If your local electricity rates are especially high, there's a better chance you'll see a higher return on your investment in a solar system. In Anderson, you can save an average of $151 a month on your electricity bills.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which gives you a tax credit currently worth 26% of your overall installation cost, your local government may offer additional tax exemptions, credits or rebates that will help you save even more. Excluding incentives, you can save an average of $21,000 over 20 years with your system, too.

Solar is a worthwhile investment for most homeowners. You can generate your own electricity instead of paying for it from the grid and take advantage of solar incentives, all while helping preserve the environment.

Solar Incentives in Anderson

Although a solar power system is typically a big investment, it can save you a considerable amount of money in the long term due to reduced utility bills and government incentives. When you install a solar panel system, you become eligible to claim the federal tax credit, or ITC. This credit currently lowers your tax bill by 26% of the cost of your solar panels. Plus, there are often some regional incentives that you can use to further save. In the table below, you can see the incentives you qualify for in your area.

Environmental Impact of Switching to Solar in Anderson

There are a few key reasons why many people are considering solar energy: for the financial and environmental benefits. Something many people might have in mind is how much can they really help preserve the environment by going solar anyway? If your family consumes lots of energy, you can help the environment even more by switching to solar power. Since solar panels don't release carbon dioxide emissions into the atmosphere when generating electricity, they're a good substitute for nonrenewable energy sources. In fact, you could be looking at reducing your carbon dioxide emissions by about 60 pounds each year. Since solar power is renewable and makes electricity without a carbon footprint, adding solar panels to your home is one easy step you can take to help protect the environment.