16 Best Solar Companies in Valley Falls, SC (Oct 2022 Review)

The Cost and Benefits of Solar in Valley Falls

For a lot of homeowners, the decision to invest in solar panels boils down to the cost. The installation cost is just one important factor you should consider when looking into installing solar panels. How much it'll cost and how much you can save depend on things including:

• The amount of sunlight your roof gets: If your rooftop doesn't see much direct sunlight, your solar system won't be able to make as much energy, which will leave you with lower savings on electricity bills than someone with a roof that gets plenty of sunlight.
• Incentives: The federal solar investment tax credit, which everyone qualifies for, lets you deduct 30% of the cost of your solar system installation from your taxes. Plus, not including incentives, you can save about $21,000 over 20 years on your energy bills.
• Choice of solar panels: The type of solar panels you get will affect your total cost. High-efficiency monocrystalline panels will cost more upfront but can also save you more money over the lifetime of your system. If you don't need to maximize efficiency, you can go with a higher number of more affordable panels.
• How much power your household needs: If your family regularly uses a lot of energy, you'll benefit more from switching to solar.

Although a solar panel system costs a decent chunk of money upfront, it can save you a considerable amount in the long term. The question of how much, though, depends on several factors, like the size of your solar panel system and your current power bills.

Solar Incentives in Valley Falls

In order to increase the number of homes and businesses that use solar power, incentives are offered by the government — and even some utility companies — to help make solar more economical and accessible. When you install solar panels on your house, you can take advatage of the federal tax credit, or ITC. This credit currently reduces your tax bill by 30% of the cost of your solar panels. Additionally, there are often some regional incentives that you can use to further cut back on the cost of solar of solar panels. You can learn about the incentives available to you in the table below.

Environmental Impact of Switching to Solar in Valley Falls

There are lots of reasons to switch to solar power, like saving money on electricity bills and helping to lower your carbon footprint. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Valley Falls, though. The more energy your family uses, the the more the environment will benefit if you switch to solar since you won't need to use as much nonrenewable energy. Although making solar panels emits carbon dioxide, the panels make up for it by considerably lowering the amount of CO2 you would have produced if you still used traditional energy. In Valley Falls, you can reduce your carbon footprint by 60 pounds a year with solar panels. The advantages of solar power are infinite — just like solar power is! That's why so many homeowners have been happy with making the switch to solar.