15 Best Solar Companies in Lancaster, TX (Mar 2023 Review)

The Cost and Benefits of Solar in Lancaster

Solar panels are powered by a free energy source — the sun — but before you can take advantage of this you will need to pay to install your system. There are a few factors you should consider when trying to determine how much it will cost and how much you can save, including:

• How much sunlight your roof gets: If your roof doesn't see much direct sunlight, your solar panels won't be able to make as much energy, which will leave you with lower savings on electric bills than someone with a roof that gets lots of sunlight.
• Incentives: Something that can save you money on your solar project is the solar investment tax credit (ITC), which is a tax credit that's equal to a percentage of the project cost. You can also save a decent amount of money on your power bills, which can result in an average of $19,000 of savings over 20 years.
• The kind of solar panels you can afford: This depends on how much you're willing to spend upfront.
• Electricity consumption: The average home in Lancaster uses a lot of energy, and consequently may see more savings on electricity bills than other places.

So is buying solar panels worth it? Whether you hope to reduce your electricity costs, carbon dioxide emissions or both, solar panels are a solid investment for many Lancaster homeowners.

Solar Incentives in Lancaster

Because solar power is better for the environment than traditional energy sources, there are various government incentives in place to encourage people to make the switch. Everyone 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, reducing the amount of taxes you owe that year. In addition, there may be some local incentives that can save you some extra money too. You can learn about the incentives you can use in our article on solar incentives

Environmental Impact of Switching to Solar in Lancaster

Many want to do their part to help the environment, which for many is the main motivation to install a solar system. But how much can switching to solar actually help the environment? Regardless of your location, you can help save the environment by switching to solar energy, but homes that use more energy will have a greater impact. In fact, if you make the switch to solar power, you could lower your carbon dioxide emissions by about 80 pounds each year. Since energy from the sun is renewable and generates electricity without free from carbon dioxide emissions, adding solar panels to your home is one easy step you can take to help the planet.