17 Best Solar Companies in Cedar Park, TX (Aug 2022 Review)

The Cost and Benefits of Solar in Cedar Park

Even though solar panels can save you money on electricity bills over time, it's important to know the upfront costs. Some significant things that determine the cost and possible savings include:

• Incentives: The federal solar investment tax credit currently allows you to decrease your taxes by 26% of the project cost. Your state and even local utility companies may also have various incentives that you can use. Additionally, you can save about $18,000 over 20 years on your utility bills, without incentives.
• How much power your household consumes: Homes that consume a lot of energy each month may call for more solar panels and, consequently, be more costly, but will also enjoy more savings over time.
• The type and model of solar panels you're thinking of getting: More efficient models cost more, so that will affect your budget for your solar project.
• How much sunlight your roof gets: If your rooftop gets limited direct sunlight, your solar system won't be able to make as much energy, which will give you lower savings on power bills than a house with a roof that gets plenty of sunlight.

Though a solar panel system costs a decent chunk of money upfront, it can save you thousands of dollars over time. The question of how much, though, depends on several factors, like the kind of solar panels you get and your current power bills.

Solar Incentives in Cedar Park

Switching to solar power has many considerable benefits. Not only can it help preserve the planet, but you can also save some money on your installation with various government incentives. Regardless of where you live, you can take advantage of the federal Solar Investment Tax Credit (ITC), which lets you claim 26% of how much your solar project cost on your tax return, reducing the amount of taxes you owe that year. Additionally, there may be some local incentives you can benefit from too. For comprehensive information about incentives for homeowners in Cedar Park, see the table below.

Environmental Impact of Switching to Solar in Cedar Park

One of the best reasons to adopt solar power is to minimize your dependence on nonrenewable energy sources like burning fossil fuels, which are hazardous for the environment. You may be trying to figure out — how much does making the switch do for the planet anyway? The average person has a sizable carbon footprint. Between their car, which is responsible for over 10,000 pounds of carbon dioxide emissions every year, and powering their home, it can be overwhelming to think about what to do. Installing solar panels is a practical thing you can do to help. Since solar panels don't release CO2 emissions into the atmosphere when creating electricity, they're a good trade for nonrenewable energy sources. In fact, you could reduce your carbon dioxide emissions by about 80 pounds each year. The perks of solar power are infinite — just like solar power is! That's why so many people have been happy with committing to solar.