17 Best Solar Companies in Rock Hill, SC (Jun 2022 Review)

The Cost and Benefits of Solar in Rock Hill

The cost of putting up solar panels has decreased immensely over the past few years, but it's still a substantial investment for most homeowners. Some key things that affect how much it will cost and how much you could save include:

• Your income and budget: This determines what model of solar panels you can buy.
• Energy consumption: Solar may be an expensive option for households that don't use a lot of energy a month.
• Average daily sunlight: Since Rock Hill 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 your electricity bills will be.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you receive a tax credit curretnly worth 26% of your total installation cost, your state or local government may offer additional tax exemptions, credits or rebates that can help you save even more. Aside from incentives, you can save an average of $20,000 over the first 20 years with your system, too.

There are several good benefits of solar in spite of the initial cost of installation. It can help the environment and your bank account. In addition, it can raise the value of your home, resulting in even more benefits if you decide to sell your home later.

Solar Incentives in Rock Hill

One of the great things about installing a solar panel system is receiving incentives from the government. When you install a solar panel system on your house, you can take advatage of the federal tax credit, or ITC. This credit currently lets you lower your tax bill by 26% of the cost of your solar panels. In addition, there may often be some local incentives that you can take advantage of to further cut back on the cost of solar of solar panels. The table below shows you the incentives you can take advantage of in Rock Hill.

Environmental Impact of Switching to Solar in Rock Hill

If you want to add solar panels to your home, one of the major reasons why may be to lower your reliance on nonrenewable energy. You may be trying to figure out — how much does making the switch do for the environment anyway? No matter where you are, you can help protect the planet by switching to solar energy, but homes that use a lot of energy will have a greater impact. In fact, if you make the switch to solar power, you could lower your carbon dioxide emissions by about 60 pounds each year. Since energy from the sun is abundant and generates electricity without a carbon footprint, adding solar panels to your home is one easy step you can take to help preserve the environment.