18 Best Solar Companies in Murrells Inlet, SC (Mar 2023 Review)

The Cost and Benefits of Solar in Murrells Inlet

For many people considering switching to solar, the decision of which solar installer to choose depends on total costs. There are a few factors you should consider when trying to figure out the overall cost and how much you can save, including:

• Incentives: Those who install a solar energy system this year can save 30% of their solar installation costs by taking advantage of the federal solar investment tax credit. You can also save about $23,000 on your electricity bills over 20 years without incentives.
• Your income and budget: This guides what kind of solar panels you can buy.
• Where your home is: This affects how much sunlight your roof gets, which helps determine how many panels you need.
• Energy consumption: Installing solar panels may be too pricey an investment for households that don't consume a lot of energy per month.

Though a solar panel system costs a sizable chunk of money upfront, it can save you much more over time. The question of how much, though, depends on several factors, like the size of your solar panel system and your local electricity rates.

Solar Incentives in Murrells Inlet

Since solar power is better for the environment than burning fossil fuels, there are some government incentives in place to encourage people to make the switch. There are a lot of federal, state and local rebates and tax credits that let you earn a decent amount of money in return after buying solar panels. For comprehensive information about incentives for homeowners in Murrells Inlet, see our our article on solar incentives.

Environmental Impact of Switching to Solar in Murrells Inlet

There are a few primary reasons why people want to invest in solar energy: to help their wallet and the environment. But you may be curious — how much exactly can you help by using solar power? In a city like Murrells Inlet where energy use is particularly high, switching to solar energy is a great idea for people who want to do their part for the environment. Although solar panel manufacturing releases carbon dioxide emissions, the panels make up for it by considerably decreasing the amount of CO2 you would have released if you still used nonrenewable energy. In Murrells Inlet, you can reduce your carbon footprint by 70 pounds a year with solar panels. As you can see, trading traditional energy for solar has so many other perks outside of saving money. One of the major ones is that you can help save the planet too.