13 Best Solar Companies in Northlake, SC (Feb 2023 Review)

The Cost and Benefits of Solar in Northlake

For the majority of homeowners, whether or not you should invest in a solar energy system boils down to the cost. A few main factors that affect how much it will cost to install solar panels on your home and how much money you could save over time are:

• Energy consumption: Solar may be a high-cost option for homes that don't use too much energy a month.
• Average daily sunlight: Since Northlake gets lots of sunlight, your solar panel system will most likely be able to produce enough energy to power your whole home, which influences how much you can save on your energy bills.
• The cost of electricity in your area: If your local power rates are especially high, there's a good chance you'll get a higher return on your investment in a solar system. In Northlake, you can save an average of $155 a month on your electricity bills.
• Incentives: The federal solar investment tax credit, which everyone in the U.S. is eligible for, allows you to deduct 30% of the cost of your solar system installation from your taxes. In addition, not including incentives, you can save about $22,000 over 20 years on your energy bills.

Solar is a fruitful investment for most homeowners. You can generate your own power instead of paying for it from a utility company and take advantage of solar incentives and rebates, all while helping protect the environment.

Solar Incentives in Northlake

There are many good reasons why adopting solar power is beneficial. One of them consists of some government incentives you can take advantage of. There are a lot of federal, state and local rebates and tax credits that earn some money in return after buying a qualifying system. You can find out about the incentives you can take advantage of in our article on solar incentives

Environmental Impact of Switching to Solar in Northlake

A lot of people want to do what they can to help save the environment, which often is the main motivation to install solar panels. But how much can installing solar panels actually help the environment? According to the EPA, electricity production is the second greatest source of greenhouse gas emissions and about 62% of our electricity is generated by burning fossil fuels. Switching to a clean energy source like solar power can help put a dent in that statistic in a city like Northlake that produces a sizable amount of carbon dioxide emissions each year. If you go solar, your carbon dioxide emissions can be cut by about 60 pounds a year. For homeowners who want to help the environment, the upfront cost of solar is a small price to pay for the offset carbon emissions.