16 Best Solar Companies in Greenville, TX (Feb 2023 Review)

The Cost and Benefits of Solar in Greenville

We know that for many homeowners, the decision to invest in solar depends on installation costs. The installation cost is just one important factor you should take into account when looking into getting solar panels. How much it'll cost and how much you can save depend on things such as:

• Choice of solar panels: The kind of solar panels you choose will affect your total cost. High-efficiency monocrystalline panels are more expensive upfront but can also lead to more savings over the lifetime of your system. If space isn't a constraint for your project, you can go with a higher number of more affordable panels.
• Energy consumption: Installing solar panels may be too steep of an investment for homes that don't use a lot of energy each month.
• 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 state or local government may offer additional tax exemptions, credits or rebates that can help you save even more. Aside from incentives, you can save an average of $20,000 over 20 years with your solar panels, too.
• The amount of sunlight your roof gets: If your rooftop gets limited direct sunlight, your solar system won't be able to produce as much energy, which will give you lower savings on energy bills than someone with a roof that gets lots of sunlight.

Because of solar panels now being cheaper than ever as well as various solar incentives, they are a solid investment for the majority of homeowners.

Solar Incentives in Greenville

There are many good reasons why you should switch to solar. One of them consists of some government incentives you can take advantage of. When you install solar panels, you can take advatage of the federal tax credit, or ITC. This credit currently reduces your tax bill by 30% of the cost of your solar panels. Plus, there are often some local incentives that you can benefit from to further cut back on the cost of solar of solar panels. Our article on solar incentives goes over more detailed information on the incentives you can take advantage of in Greenville.

Environmental Impact of Switching to Solar in Greenville

A lot of people want to do their part for the environment, which in many cases is the prime reason for installing a solar system. But — how much exactly can you help the planet by using solar power? How much energy you use is a significant factor to consider. The more energy you use, the greater your impact when you make the switch to solar power. Even though making solar panels releases carbon dioxide emissions, the panels make up for it by greatly lowering the amount of CO2 you would have released if you still used traditional energy. In Greenville, you can reduce your carbon footprint by 80 pounds a year with solar panels. As you can see, going solar has so many other perks besides saving money. One of the main ones is that you can help save the environment too.