11 Best Solar Companies in Denton, TX (Aug 2022 Review)

The Cost and Benefits of Solar in Denton

When deciding on a solar company, most homeowners or business owners think about the costs above all. Some key factors that determine the cost of installing solar panels on your home and how much it could save you over time are:

• Incentives: One thing that can reduce the cost of your solar project is the solar investment tax credit (ITC), which is a tax credit that lets you deduct from your taxes a percentage of the project cost. You can also save money on your energy bills, which can result in an average of $17,000 of savings over 20 years.
• Your city: This affects how much sunlight your roof gets, which helps determine how many panels you need.
• The kind of solar panels you're thinking of getting: More high-tech panels are more costly, so that will affect your budget for your solar project.
• How much energy you use: If your home needs to use a lot of energy, you'll reap more rewards from going solar.

Even though a solar panel system costs a good chunk of money upfront, it can save you a considerable amount in the long term. The question of how much, though, depends on a number of factors, like the angle of your roof and your current power bills.

Solar Incentives in Denton

If you're thinking about making the switch to solar power, a number of government incentives and subsidies can drastically bring down the installation costs and speed up the return on your investment. There are a lot of federal, state and local rebates and tax credits that can earn you a decent amount of money back after installing a solar panel system. You can learn about the incentives available to you in the table below.

Environmental Impact of Switching to Solar in Denton

There are many reasons to trade traditional energy for solar energy, like saving some money on electricity bills and helping to reduce your carbon footprint. You may be curious — how much does making the switch help the environment anyway? One thing that can drastically shape your carbon footprint is your commute time and how much you drive overall. If you go solar and have an electric car, you can greatly cut back on your carbon dioxide emissions by charging your car at home. Because solar panels don't release greenhouse gas emissions into the atmosphere when generating electricity, they're a good alternative to nonrenewable energy sources. In fact, you could be looking at reducing your carbon dioxide emissions by about 80 pounds each year. As you can see, using solar power has so many other perks outside of saving money. One of the main ones is that you can help save the Earth too.