16 Best Solar Companies in Dripping Springs, TX (Aug 2022 Review)

The Cost and Benefits of Solar in Dripping Springs

When picking a solar company, most homeowners or business owners worry about the costs above all. Some key factors that affect how much it will cost to install a solar panel system on your home and how much it could save you over time include:

• Your city: This affects the average daily sunlight your roof gets, which helps determine how many panels you need.
• System size and type: Some models are more costly than others, so the one you choose can raise or lower your initial investment. Plus, the more solar panels you need to buy, the more it'll cost.
• How much energy you use: If your home regularly uses a lot of energy, you'll reap more rewards from switching to solar.
• Incentives: The federal solar investment tax credit, which can save you some money, allows you to deduct 26% of the cost of installing your solar panel system from your federal taxes. Plus, not including incentives, you can save about $18,000 over 20 years on your energy bills.

Though a solar panel system costs a sizable chunk of money upfront, it can save you thousands of dollars in the long term. The question of how much, though, depends on several factors, like the size of your house and incentives.

Solar Incentives in Dripping Springs

One of the great things about installing a solar panel system is earning government incentives. When you install a solar panel system on your house, you can claim the federal tax credit, or ITC. This credit currently lowers your tax bill by 26% of the cost of your solar panels. In addition, there are often some state and city incentives that you can benefit from to further cut back on the cost of solar of solar panels. For comprehensive information about incentives that apply to you, check out the table below.

Environmental Impact of Switching to Solar in Dripping Springs

Replacing nonrenewable energy with solar power is a good way to do what you can for a more sustainable future. You may be curious — how much does going solar help the environment anyway? One thing to consider is your overall carbon footprint. For example, if you spend a lot of time in the car and have an electric vehicle, you can install solar panels on your home to power your EV and therefore help offset your carbon emissions. While solar panel production releases carbon dioxide emissions, the panels make up for it by greatly lowering the amount of CO2 you would have been responsible for if you still used nonrenewable energy. In Dripping Springs, you can reduce your carbon footprint by 80 pounds a year with solar panels. Since solar power is plentiful and makes electricity without releasing carbon emissions, making the switch to solar power is one easy step you can take to help preserve the environment.