14 Best Solar Companies in Southern Shops, SC (Aug 2022 Review)

The Cost and Benefits of Solar in Southern Shops

The cost of installing solar panels has dropped significantly over the past several years, but it's still a substantial investment for most homeowners. There are a few factors you should consider when determining costs and your potential savings, such as:

• Incentives: The federal solar investment tax credit, which can save you some money, lets you deduct 26% of the cost of installing your solar panel system from your taxes. Additionally, not including incentives, you can save about $21,000 over 20 years on your energy bills.
• The amount of sunlight your roof gets: Due to Southern Shops's very high amount of average daily sunlight, you should be able to save a lot on your electricity bills.
• System size and type: Some models are more costly than others, so the one you get can raise or lower your initial investment. Plus, the more solar panels you need to buy, the more it'll cost.
• Electricity consumption: The average home in Southern Shops uses a lot of energy, and therefore may see more savings on electricity bills than other places.

Although a solar panel system costs a sizable chunk of money upfront, it can save you a considerable amount over the lifespan of your panels. The question of how much, though, depends on several factors, like the size of your house and your energy consumption.

Solar Incentives in Southern Shops

If you're thinking about switching to solar power, a number of government incentives and tax credits can drastically lower the installation costs and speed up the return on your investment. When you install solar panels on your house, you can claim the federal tax credit, or ITC. This credit currently lets you lower your tax bill by 26% of the cost of your solar panels. Plus, there are often some local incentives that you can take advantage of to further save. For detailed information about incentives for homeowners in Southern Shops, check out the table below.

Environmental Impact of Switching to Solar in Southern Shops

One reason so many are thinking of switching to solar power is to help reduce their environmental impact. But how much can using solar energy instead of traditional energy actually affect the environment? Regardless of your location, you can help the environment by switching to solar energy, but homes that use a lot of energy will have a bigger impact. Since solar panels don't release greenhouse gas emissions into the atmosphere when generating electricity, they're a good trade for traditional energy sources. In fact, you could lower your carbon dioxide emissions by about 60 pounds each year. For homeowners who are concerned about the environment, the upfront cost of solar is a small price to pay for reducing your carbon footprint.