17 Best Solar Companies in Spurgeon, TN (Feb 2023 Review)

The Cost and Benefits of Solar in Spurgeon

The cost of installing a solar panel system has dropped significantly over the past several years, but it's still a large investment for most homeowners. The installation cost is just one important factor you should bear in mind when looking into getting solar panels. How much it'll cost and how much you can save depend on things such as:

• System size and type: Some models are more pricy than others, so the one you want can raise or lower your upfront cost. Plus, the more solar panels you need, the more it'll cost.
• The amount of sunlight your city gets: Because of Spurgeon's high amount of average daily sunlight, you should be able to save a decent amount on your power bills.
• Electricity consumption: The average household in Spurgeon uses a lot of energy, and therefore may see more savings on electricity bills than other places.
• Incentives: The federal solar investment tax credit, which everyone qualifies for, lets you deduct 30% of the cost of installing your solar panel system from your federal taxes. In addition, not including incentives, you can save about $15,000 over 20 years on your energy bills.

So is buying solar panels worth it? Whether you hope to lower your energy bills, greenhouse gas emissions or both, solar panels are a good investment for many Spurgeon homeowners.

Solar Incentives in Spurgeon

One of the great things about installing a solar panel system is receiving federal and potentially state incentives. Everyone can take advantage of the federal Solar Investment Tax Credit (ITC), which lets you claim 30% of your project costs when you file taxes, lowering the amount of taxes you owe that year. In addition, there may be some state and city incentives that stack with the ITC too. You can find out about the incentives available to you in our article on solar incentives

Environmental Impact of Switching to Solar in Spurgeon

Going solar can have a meaningful impact on the environment. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Spurgeon, though. The amount of energy you use is an important factor to keep in mind. The more electricity your home uses, the greater your impact when you make the switch to solar power. In Spurgeon, the average homeowner can lower their carbon footprint by 80 pounds a year once they go solar. Since energy from the sun is renewable and generates electricity without CO2 emissions, installing solar panels is one easy step you can take to help the environment.