16 Best Solar Companies in Boiling Springs, SC (Oct 2022 Review)

The Cost and Benefits of Solar in Boiling Springs

For many homeowners, whether or not you should invest in solar energy depends the most on the cost. Some key things that impact the upfront cost and potential savings over time include:

• Electricity consumption: The average home in Boiling Springs uses a lot of energy, and consequently may see more savings on electricity bills than other places.
• System size and type: Some models are more costly than others, so the one you choose can raise or lower your initial investment. Plus, the more solar panels you need, the more it'll cost.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which gives you a tax credit currently worth 30% of your total installation cost, your 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 $21,000 over the first 20 years with your system, too.
• Average daily sunlight: Since Boiling Springs gets lots of sunlight, your solar panel system will most likely 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.

Even though a solar panel system costs a decent chunk of money upfront, it can save you much more over time. The question of how much, though, depends on several factors, such as the amount of daily direct sunlight available and your energy consumption.

Solar Incentives in Boiling Springs

If you're considering making the switch to solar power, various government incentives and tax credits can immensely reduce the installation costs and expedite the return on your investment. These incentives typically consist of cash rebates, tax benefits and/or performance-based incentives. They can cut how much you end up spending on installing solar panels by 26 to 50% in some cases. For detailed information about incentives for homeowners in Boiling Springs, check out the table below.

Environmental Impact of Switching to Solar in Boiling Springs

A lot of people want to do their part to help the planet, which often is the prime motivation to install a solar system. You may be asking yourself — how much do solar panels help the planet anyway? Using green energy for electricity instead of burning fossil fuels is a good way to lower your carbon footprint if you're concerned about Boiling Springs' sizable level of greenhouse gas emissions. Because solar panels don't release CO2 emissions into the atmosphere when creating electricity, they're a good substitute for traditional energy sources. In fact, you could lower your carbon dioxide emissions by about 60 pounds each year. If you want to do what you can for the environment, you'll no doubt get that there are many good things about adopting solar power other than just saving money on electricity. You can also help protect the environment, which some would argue is invaluable.