16 Best Solar Companies in Eastland, TX (Mar 2023 Review)

The Cost and Benefits of Solar in Eastland

Solar panels are powered by a free energy source — the sun — but to take advantage of this you will first need to pay to set up your panels. The overall price and potential savings vary depending on a few important factors such as:

• 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 power bills, which can lead to an average of $19,000 of savings over 20 years.
• The model of solar panel system you can purchase: This hinges on your income and budget.
• Average daily sunlight: Since Eastland gets lots of sunlight, your solar panel system will most likely be able to generate enough energy to power your whole home, which impacts how much your electricity bills will be.
• Typical energy usage: The more electricity your home uses on average and the greater your current electricity bills are, the more benefits you'll see from going solar.

Solar is a valuable investment for most homeowners. You can generate your own power instead of paying for it from a utility company and benefit from solar incentives, all while helping preserve the Earth.

Solar Incentives in Eastland

Although a solar power system is typically a large investment, it can save you a significant amount of money over several years because of smaller energy bills and government incentives. When you install solar panels on your home, you become eligible to claim the federal tax credit, or ITC. This credit currently lets you lower your tax bill by 30% of the cost of your solar panels. In addition, there may often be some local incentives that you can use to further save. Take a look at our article on solar incentives to learn what incentives you can take advantage of.

Environmental Impact of Switching to Solar in Eastland

There are lots of reasons to make the switch to solar energy, like saving money on electricity bills and helping to reduce your carbon footprint. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Eastland, though. Your energy usage is an important factor to think about. The more electricity you use, the bigger your impact when you make the switch to solar power. Since solar panels don't release carbon dioxide emissions into the atmosphere when producing electricity, they're a good alternative to nonrenewable energy sources. In fact, you could expect to reduce your carbon dioxide emissions by about 90 pounds each year. For people who want to help the environment, the upfront cost of solar is a small price to pay for reducing your carbon footprint.