18 Best Solar Companies in Cheraw, SC (Oct 2022 Review)

The Cost and Benefits of Solar in Cheraw

The cost of installing solar panels has decreased greatly in the past few years, but it's still a substantial investment for most homeowners. Some main 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:

• The amount of sunlight your roof gets: If your roof doesn't see much direct sunlight, your solar panels won't be able to generate as much energy, which will leave you with lower savings on energy bills than a roof that gets plenty of sunlight.
• System size and type: Some models are more costly than others, so the one you get can raise or lower your upfront cost. Plus, the more solar panels you need, the more it'll cost.
• How much power your household needs: If your household needs to use a lot of energy, you'll reap more rewards from installing solar panels.
• Incentives: Tax-paying citizens who install a solar system this year can save 30% of their installation costs by taking advantage of the federal solar investment tax credit. You can also save about $21,000 on your electricity bills over 20 years excluding incentives.

So are solar panels worth it? Whether you'd like to decrease your electric bills, carbon 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 the table below.

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.