18 Best Solar Companies in Cheraw, SC (Feb 2023 Review)

The Cost and Benefits of Solar in Cheraw

For lots of homeowners, whether or not to invest in a solar energy system boils down to the cost. Some key factors that determine the cost of installing solar panels on your home and how much money you could save over time are:

• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you receive a tax credit curretnly worth 30% of your total installation cost, your state or local government may offer additional tax exemptions, credits or rebates that will help you save even more. Not including incentives, you can save an average of $21,000 over the first 20 years with your system, too.
• Electricity consumption: The average household in Cheraw uses a lot of energy, and consequently may see more savings on electricity bills than other places.
• The amount of sunlight your rooftop gets: Thanks to Cheraw's very high amount of average daily sunlight, you should be able to save a lot on your electric bills.
• The model of solar panel system you can afford: This hinges on your income and budget.

So is buying solar panels worth it? Whether you'd like to reduce your electricity costs, greenhouse gas emissions or both, solar panels are a good investment for many Cheraw homeowners.

Solar Incentives in Cheraw

Since solar power is more sustainable than burning fossil fuels, there are various government incentives available to encourage its adoption. You qualify for the federal solar investment tax credit (ITC) for the tax year you turn on your a solar system. You can also potentially use the ITC with other state and city incentives. You can find out about the incentives you can take advantage of in our article on solar incentives

Environmental Impact of Switching to Solar in Cheraw

One of the best reasons to adopt solar power is to decrease your dependence on traditional energy sources like burning fossil fuels, which are damaging for the environment. But you may be wondering — how much exactly can you help the environment by going solar? In a city like Cheraw where energy use is particularly high, switching to solar energy is a great idea for those who are worried about the state of the planet. When you go solar, your carbon dioxide emissions can be lowered by about 60 pounds each year. Since solar energy is renewable and generates electricity without a carbon footprint, installing solar panels is one easy step you can take to help the planet.