18 Best Solar Companies in Gatesville, TX (Mar 2023 Review)

The Cost and Benefits of Solar in Gatesville

When choosing a solar company, most homeowners or business owners care about the costs above all. A few main factors that affect the cost of installing solar panels on your home and how much it could save you over time include:

• The amount of sunlight your house gets: Because of Gatesville's very high amount of average daily sunlight, you should be able to save a lot on your electric bills.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which gives you a tax credit currently worth 30% of your total installation cost, your local government may offer additional tax exemptions, credits or rebates that will help you save even more. Aside from incentives, you can save an average of $17,000 over 20 years with your solar panels, too.
• Your income and budget: This guides what type of solar panels you can afford.
• How much power your household consumes: Households that use plenty of electricity each month may call for more solar panels and, therefore, be more costly, but will also enjoy more savings over time.

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, such as the size of your house and your local electricity rates.

Solar Incentives in Gatesville

Switching to solar power has many considerable benefits. Not only can it help preserve the Earth, but you can also save some money on your installation with various government incentives. Everyone can take advantage of the federal Solar Investment Tax Credit (ITC), which lets you claim 30% of how much you paid for your solar installation when you file taxes, lowering the amount of taxes you owe that year. In addition, there may be some local incentives that stack with the ITC too. In our article on solar incentives, you can see the incentives you qualify for in your area.

Environmental Impact of Switching to Solar in Gatesville

There are tons of reasons to trade traditional energy for solar power, like saving some 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 Gatesville, though. The more energy you use, the the more the environment will benefit from you switching to solar since you won't have to burn as many fossil fuels. Since solar panels don't release greenhouse gas emissions into the atmosphere when creating electricity, they're a good alternative to nonrenewable energy sources. In fact, you could look forward to lowering your carbon dioxide emissions by about 80 pounds each year. As you can see, using solar power has so many other benefits outside of saving money. One of the main ones is that you can help save the environment too.