16 Best Solar Companies in Addison, TX (Jul 2022 Review)

The Cost and Benefits of Solar in Addison

We know that for many homeowners, the decision to invest in solar hinges on installation costs. The cost of solar and the savings it generates vary depending on a few key factors such as:

• Incentives: The federal solar investment tax credit currently lets you decrease your taxes by 26% of the project cost. Your state and city may also have incentives and rebates that you can use. In addition, you can save about $21,000 over 20 years on your utility bills, before factoring in incentives.
• The make and model of solar panels you want: Some are more costly, so that will influence your budget for your solar project.
• The amount of sunlight your home gets: Due to Addison's very high amount of average daily sunlight, you should be able to save a lot on your energy bills.
• Your energy consumption: If your household uses a lot of energy, you'll reap more rewards from switching to solar.

Even though a solar panel system costs a sizable chunk of money upfront, it can save you a considerable amount over time. The question of how much, though, depends on several factors, like the amount of daily direct sunlight available and your current power bills.

Solar Incentives in Addison

Adopting solar power has lots of wonderful benefits. Not only can it help protect the planet, but you can also save some money on your installation with various government incentives. On top of the federal solar investment tax credit, there are also some local incentives, which in almost all cases, can be claimed in addition to the federal incentive, so you get to save even more. For detailed information about incentives for homeowners in Addison, check out the table below.

Environmental Impact of Switching to Solar in Addison

Making the switch to solar power is a great way to do your part for a greener future. But how much can switching to solar actually affect the environment? The more power your family uses, the the more the environment will benefit when you switch to solar since you won't need to use as much nonrenewable energy. Because solar panels don't release greenhouse gas emissions into the atmosphere when creating electricity, they're a good alternative to nonrenewable energy sources. In fact, you could lower your carbon dioxide emissions by about 80 pounds each year. Since solar power is renewable and produces electricity without a carbon footprint, adding solar panels to your home is one easy step you can take to help preserve the planet.