11 Best Solar Companies in Greenville, SC (Mar 2023 Review)

The Cost and Benefits of Solar in Greenville

For most homeowners, the decision to invest in solar energy depends the most on the cost. The installation cost is just one important factor you should take into account when looking into installing solar panels. How much it'll cost and how much you can save depend on things such as:

• How much you spend on energy: The average family in Greenville pays around $1,700 a year on home energy use alone, so you could end up with that much in savings.
• Incentives: The federal solar investment tax credit, which everyone qualifies for, allows you to deduct 30% of the cost of your solar system installation from your federal taxes. Additionally, not including incentives, you can save about $20,000 over 20 years on your energy bills.
• The amount of sunlight your roof gets: If your roof doesn't get a lot of direct sunlight, your solar panels won't be able to generate as much energy, which will leave you with lower savings on power bills than a roof that gets a lot of sunlight.
• Energy consumption: Installing a solar system may be too steep of an investment for households that don't consume too much energy each month.

Although a solar panel system costs a decent chunk of money upfront, it can save you much more over the lifespan of your panels. The question of how much, though, depends on a number of factors, such as the amount of daily direct sunlight available and your current power bills.

Solar Incentives in Greenville

Since solar power is more sustainable than burning fossil fuels, there are various government incentives in place to encourage people to make the switch. State and city solar incentives vary by location and, sometimes, utility company. Many states offer rebates for solar panels, in addition to the federal solar tax credit. Take a look at our article on solar incentives to see what incentives you can benefit from.

Environmental Impact of Switching to Solar in Greenville

Making the switch to solar power is a profound way to do your part for a more environmentally-friendly future. But you may be wondering — how much exactly can you help by using solar power? Everyone can help save the environment by switching to solar energy, but homes that consume lots of energy will have a bigger impact. Since solar panels don't release CO2 emissions into the atmosphere when producing electricity, they're a good substitute for traditional energy sources. In fact, you could look forward to lowering your carbon dioxide emissions by about 60 pounds each year. For those who are worried about the environment, the upfront cost of solar is a small price to pay for the offset carbon emissions.