17 Best Solar Companies in Lake Worth, TX (Feb 2023 Review)

The Cost and Benefits of Solar in Lake Worth

Solar panels are powered by a free energy source — the sun — but before you can take advantage of this you must first pay to set up your system. Some key factors that dictate how much it will cost to install a solar panel system on your home and how much it could save you over time are:

• Typical energy usage: The more energy your home uses on average and the larger your current energy bills are, the more likely you'll benefit from switching to solar.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which gives you a tax credit currently worth 30% of your overall installation cost, your local government may offer additional tax exemptions, credits or rebates that will help you save even more. Excluding incentives, you can save an average of $19,000 over the first 20 years with your solar panels, too.
• The model of solar panels you can purchase: This depends on how much you're willing to spend upfront.
• Your city: This influences how much sunlight your roof receives, which helps determine how many panels you need.

Solar is a profitable investment for most homeowners. You can make your own energy instead of paying for it from the grid and benefit from solar incentives, all while helping preserve the environment.

Solar Incentives in Lake Worth

One of the good things about installing a solar panel system is earning federal and potentially state incentives. No matter what state you live in, you can take advantage of the federal Solar Investment Tax Credit (ITC), which will let 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. Plus, there may be some state and city incentives that stack with the ITC too. Our article on solar incentives has more in-depth information on the incentives you can take advantage of in Lake Worth.

Environmental Impact of Switching to Solar in Lake Worth

Lots of people want to do what they can to help protect the environment, which in many cases is the primary motivation to install a solar system. But how much can switching to solar actually help the environment? Everyone can help save the environment by switching to solar energy, but homes that consume lots of energy will have an even bigger impact. Because solar panels don't release CO2 emissions into the atmosphere when producing electricity, they're a good alternative to traditional energy sources. In fact, you could be looking at reducing your carbon dioxide emissions by about 80 pounds each year. If you care about the environment, you'll most likely find that there are many good things about adopting solar energy other than just saving money on bills. You can also help protect the environment, which some would argue is more valuable.