13 Best Solar Companies in Big Sioux, SD (Jan 2023 Review)

The Cost and Benefits of Solar in Big Sioux

For many people, the decision of which solar installer to hire comes down to costs. Some significant things that determine the upfront cost and potential savings over time include:

• How much energy costs for you: The average family in Big Sioux shells out around $1,400 a year on energy use alone, so you could end up with that much in savings.
• Choice of solar panels: The type of solar panels you buy will affect your total cost. High-efficiency monocrystalline panels will cost more upfront but can also lead to more savings 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.
• Incentives: Something that can save you money on your solar project is the solar investment tax credit (ITC), which is a tax credit that's equal to a percentage of the project cost. You can also save money on your power bills, which can generate an average of $15,000 of savings over 20 years.
• The amount of sunlight your area gets: Thanks to Big Sioux's high amount of average daily sunlight, you should be able to save a decent amount on your electric bills.

Because of the cost of solar panels being lower than before as well as several solar incentives, they are a worthwhile investment for most homeowners.

Solar Incentives in Big Sioux

There are several reasons why going solar is a great investment. One of them consists of some government incentives you can take advantage of. Regardless of where you live, you can take advantage of the federal Solar Investment Tax Credit (ITC), which allows you to claim 30% of how much you paid for your solar installation when you file taxes, reducing the amount of taxes you owe that year. In addition, there may be some state and city incentives that stack with the ITC too. For detailed information about local incentives, check out our our article on solar incentives.

Environmental Impact of Switching to Solar in Big Sioux

Installing solar panels can have a positive impact on the environment. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Big Sioux, though. The more power you use, the the more the environment will benefit if you switch to solar as you won't have to burn as many fossil fuels. Since solar panels don't release greenhouse gas emissions into the atmosphere when generating electricity, they're a good alternative to traditional energy sources. In fact, you could be looking at reducing your carbon dioxide emissions by about 90 pounds each year. As you can see, going solar has so many other benefits beyond saving money. One of the most important ones is that you can help save the environment too.