18 Best Solar Companies in Allen, TX (2023 Reviews)

The Cost and Benefits of Solar in Allen

Although solar panels can help save you a good amount of money on utility bills over time, it's necessary to consider the startup costs. A few key factors that influence how much it will cost to install solar panels on your home and how much money you could save over time are:

• How much electricity your household consumes: Homes that consume plenty of energy each month may require more solar panels and, as a result, be more expensive, but will also save more on their energy bills over time.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you deduct 30% of your overall installation cost, your local government may offer additional tax exemptions, credits or rebates that can help you save even more. Excluding incentives, you can save an average of $18,000 over 20 years with your solar system, too.
• Your income and budget: This affects what kind of solar panels you can get.
• How much sunlight your roof gets: If your rooftop doesn't get a lot of direct sunlight, your solar system 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 a lot of sunlight.

Solar is a worthwhile investment for most homeowners. You can generate your own energy instead of paying for it from a utility company and benefit from solar incentives, all while helping protect the environment.

Solar Incentives in Allen

There are many reasons why you should switch to solar. One of them includes some government incentives that can help save you some money. These incentives normally consist of cash rebates, tax benefits and/or solar renewable energy credits. They can reduce the cost you pay for installing solar panels by 30%, upwards of 50% in some cases. For detailed information about local incentives, visit our our article on solar incentives.

Environmental Impact of Switching to Solar in Allen

If you're thinking of adding solar panels to your home, one of the primary reasons why may be to lower your greenhouse gas emissions. Something many might be wondering about is how much can they really help protect the environment by going solar anyway? If your household uses a lot of energy, you can have an even greater impact on the planet by switching to solar energy. Though solar panel production releases carbon dioxide emissions, the panels make up for it by considerably reducing the amount of CO2 you would have been responsible for if you still used traditional energy. In Allen, you can reduce your carbon footprint by 80 pounds a year with solar panels. For homeowners who care about the environment, the upfront cost of solar is a small price to pay for reducing your carbon footprint.