17 Best Solar Companies in Parker, SC (Oct 2022 Review)

The Cost and Benefits of Solar in Parker

While solar panels can help save you a decent chunk of change on energy over time, it's necessary to take into consideration the upfront costs. The cost of solar and the savings it generates vary depending on some key factors such as:

• Average daily sunlight: Since Parker gets lots of sunlight, your solar panel system will most likely be able to produce enough energy to power your whole home, which affects how much you can save on your energy bills.
• Incentives: The federal solar investment tax credit, which everyone in the U.S. is eligible for, lets you deduct 30% of the cost of installing your solar panel system from your taxes. In addition, not including incentives, you can save about $21,000 over 20 years on your energy bills.
• Electricity consumption: The average home in Parker uses a lot of energy, and as a result may see more savings on electricity bills than other places.
• The type of solar panels you want: More high-tech panels are more costly, so that will influence your budget for your solar project.

So is a solar system worth it? Whether you want to decrease your electricity costs, greenhouse gas emissions or both, solar panels are a good investment for many Parker homeowners.

Solar Incentives in Parker

If you're thinking about making the switch to solar power, a number of government incentives and state programs can greatly reduce the cost of the project and expedite the return on your investment. You are eligible for the federal solar investment tax credit (ITC) for the tax year you turn on your a solar system. You can also possibly pair the ITC with other local rebates and benefits. In the table below, you can see the incentives you qualify for in your area.

Environmental Impact of Switching to Solar in Parker

Switching to solar energy can have a positive impact on the environment. A question many people might have in mind is how much can they really help the environment by switching to solar power anyway? Regardless of your location, you can help protect the planet by switching to solar energy, but homes that use more energy will have an even greater impact. In fact, if you install solar panels, you could expect to reduce your carbon dioxide emissions by about 60 pounds each year. As you can see, trading traditional energy for solar has so many other perks apart from saving money. One of the primary ones is that you can help save the Earth too.