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

The Cost and Benefits of Solar in Addison

For many people, the decision of which solar company to go with depends on how much it'll cost. The overall price and potential savings vary depending on a few important factors such as:

• The type of solar panels you can afford: This hinges on your income and budget.
• How much power your home consumes: Households that use lots of energy each month may require more solar panels and, therefore, more upfront cost, but will also benefit more over time.
• Incentives: Those who purchase and install a solar system this year can save 30% of their total solar spend by taking advantage of the federal solar investment tax credit. You can also save about $21,000 on your utility bills over 20 years not including incentives.
• How much sunlight your roof gets: If your rooftop doesn't see much direct sunlight, your solar panels won't be able to produce as much energy, which will leave you with lower savings on electricity bills than a house with a roof that gets plenty of sunlight.

There are lots of good benefits of solar in spite of the initial cost of installation. It can help the planet and your wallet. In addition, it can raise the value of your home, resulting in even more benefits if you decide to sell your home later.

Solar Incentives in Addison

In an effort to increase the adoption of solar power, incentives are offered by the government — and even some utility companies — to help make switching to solar power more economically viable and accessible. State and city solar incentives vary by location and, sometimes, utility company. Many states offer rebates for solar panels, in addition to the federal solar tax credit. For detailed information about local incentives, see the table below.

Environmental Impact of Switching to Solar in Addison

Installing solar panels is a compelling way to do what you can for a greener future. But — how much exactly can you help the environment by making the switch to solar? The more power your family uses, the the more the environment will benefit from you switching to solar as you won't have to use as much nonrenewable energy. In fact, if you adopt solar power, you could lower your carbon dioxide emissions by about 80 pounds each year. Since solar power is abundant and produces electricity without a carbon footprint, making the switch to solar power is one easy step you can take to help preserve the planet.