16 Best Solar Companies in Lake Wylie, SC (Sep 2022 Review)

The Cost and Benefits of Solar in Lake Wylie

For many people considering switching to solar, the decision of which solar installer to go with depends on prices. Some important factors that influence 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 city gets: Thanks to Lake Wylie's very high amount of average daily sunlight, you should be able to save a lot on your electricity bills.
• Your income and budget: This shapes what type of solar panels you can afford.
• Your energy consumption: If your household regularly uses a lot of energy, you'll reap more rewards from switching to solar.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you deduct 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 $18,000 over the first 20 years with your solar panels, too.

Though a solar panel system costs a good chunk of money upfront, it can save you much more over time. The question of how much, though, depends on a number of factors, including the angle of your roof and your current power bills.

Solar Incentives in Lake Wylie

There are lots of reasons why adopting solar power is beneficial. One of them involves some government incentives that can save you money. These incentives normally consist of cash rebates, tax credits and/or solar renewable energy credits. They can cut how much you end up spending on installing solar panels by 26 to 50% in some cases. Take a look at the table below to find out what incentives you can take advantage of.

Environmental Impact of Switching to Solar in Lake Wylie

One of the most compelling reasons to embrace solar power is to minimize your reliance on traditional energy sources like burning fossil fuels, which are hazardous for the environment. You may be curious — how much do solar panels help the planet anyway? In a city like Lake Wylie where energy use is particularly high, switching to solar energy is a great plan for homeowners who want to do their part for the environment. In fact, if you install solar panels, you could look forward to lowering your carbon dioxide emissions by about 60 pounds each year. If you care about the environment, you'll likely find that there are many benefits of adopting solar power other than just saving money on bills. You can also help protect the environment, which some would argue is priceless.