16 Best Solar Companies in Lake Wylie, SC (Feb 2023 Review)

The Cost and Benefits of Solar in Lake Wylie

Solar panels run off a free energy source — the sun — but before you can take advantage of this you first need to pay to set up your panels. A few key factors that influence the cost of installing a solar panel system on your home and how much money you could save over time include:

• Incentives: Those who purchase and install a solar energy system this year can save 30% of their solar installation costs by using the federal solar investment tax credit. You can also save about $18,000 on your electricity bills over 20 years without incentives.
• Your location: This affects how much sunlight your roof receives, which helps determine how many panels you need.
• average energy usage: The more energy your household uses on average and the steeper your current energy bills are, the more money you could save by making the switch to solar.
• System size and type: Some models are more pricy than others, so the one you want to get can raise or lower your upfront cost. Plus, the more solar panels you need to buy, the more it'll cost.

Solar is a valuable investment for most homeowners. You can make your own energy instead of paying for it from a utility company and take advantage of solar incentives, all while helping protect the Earth.

Solar Incentives in Lake Wylie

Although installing solar panels is typically a big investment, it can save you a substantial amount of money over the lifespan of your solar panels due to smaller utility bills and government incentives. These incentives normally consist of cash rebates, tax breaks and/or solar renewable energy credits. They can lower the cost you pay for going solar by 30%, upwards of 50% in some cases. Our article on solar incentives has more detailed information on the incentives you can find in Lake Wylie.

Environmental Impact of Switching to Solar in Lake Wylie

Making the switch to solar power is a powerful way to do your part for a more eco-friendly future. You may be wondering — how much does making the switch do for the environment anyway? Everyone can help save the planet by switching to solar energy, but homes that consume lots of energy will have a bigger impact. Although solar panel production releases carbon dioxide emissions, the panels make up for it by considerably reducing the amount of CO2 you would have produced if you still used nonrenewable energy. In Lake Wylie, you can reduce your carbon footprint by 60 pounds a year with solar panels. As you can see, investing in solar has so many other rewards outside of saving money. One of the major ones is that you can help save the planet too.