18 Best Solar Companies in Taylors, SC (Oct 2022 Review)

The Cost and Benefits of Solar in Taylors

Although solar panels can save you a good amount of money on electricity bills over time, it's important to take into consideration the upfront costs. The cost and possible savings vary depending on some important factors such as:

• Where your home is: This affects how much sunlight your roof receives, which helps determine how many panels you need.
• Incentives: The federal solar investment tax credit, which can save you some money, allows you to deduct 30% 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 model of solar panels you can afford: This depends on your income and budget.
• How much energy your home consumes: Homes that need plenty of electricity each month may call for more solar panels and, consequently, more upfront cost, but will also benefit more over time.

So are solar panels worth it? Whether you're trying to decrease your electric bills, carbon dioxide emissions or both, solar panels are a worthwhile investment for many Taylors homeowners.

Solar Incentives in Taylors

There are a lot of reasons why going solar is a great investment. One of them consists of some government incentives that can help save you some money. In addition to the federal tax credit incentive, there are also some state- and city-level programs, which in the majority of cases, stack with the federal incentive, so you get to save even more. You can find out about the incentives you can use in the table below.

Environmental Impact of Switching to Solar in Taylors

There are a few important reasons why people are considering solar energy: to help their wallet and the environment. But how much can installing solar panels actually affect the environment? According to the EPA, electricity generation is the second greatest source of greenhouse gas emissions and about 62% of our electricity is produced by burning fossil fuels. Switching to a clean energy source like solar power can help lower that statistic in a city like Taylors that accounts for a sizable amount of carbon dioxide emissions each year. If you go solar, your carbon footprint can be lowered by about 60 pounds every year. As you can see, using solar power has so many other perks beyond saving money. One of the most important ones is that you can help save the Earth too.