16 Best Solar Companies in Five Forks, SC (Oct 2022 Review)

The Cost and Benefits of Solar in Five Forks

The cost of putting up a solar panel system has gone down significantly in the past few years, but it's still a large investment for most homeowners. Some key things that affect how much it will cost and how much you could save include:

• The amount of sunlight your roof gets: Due to Five Forks' very high amount of average daily sunlight, you should be able to save a lot on your power bills.
• Typical energy usage: The more electricity your household consumes on average and the steeper your current electricity bills are, the more benefits you'll see from going solar.
• The model of solar panel system you can purchase: This is dependent on your income and budget.
• Incentives: Tax-paying citizens who buy and install a solar energy system this year can save 30% of their total solar spend by taking advantage of the federal solar investment tax credit. You can also save about $21,000 on your energy bills over 20 years without incentives.

So is a solar system worth it? Whether you'd like to decrease your electricity costs, carbon dioxide emissions or both, solar panels are a great investment for many Five Forks homeowners.

Solar Incentives in Five Forks

Switching to solar power has many considerable benefits. Not only can it help protect the Earth, but you can also save some money on your installation with various government incentives. Regardless of where you live, you can take advantage of the federal Solar Investment Tax Credit (ITC), which allows you to claim 30% of how much your solar project cost when you file taxes, reducing the amount of taxes you owe that year. Plus, there may be some local incentives that can save you some extra money too. You can learn about the incentives you can use in the table below.

Environmental Impact of Switching to Solar in Five Forks

One of the reasons so many are considering adopting solar energy is to help lower their environmental impact. But how much can installing solar panels actually affect the environment? If your household uses a lot 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 creating electricity, they're a good trade for traditional energy sources. In fact, you could expect to reduce your carbon dioxide emissions by about 60 pounds each year. The good things about solar power are abundant — just like solar power is! That's why so many people have been happy with committing to solar.