14 Best Solar Companies in Lavon, TX (Feb 2023 Review)

The Cost and Benefits of Solar in Lavon

Although solar panels can save you a decent chunk of change on energy bills over time, it's important to take into consideration the upfront costs. A few main factors that influence how much it will cost to install solar panels on your home and how much it could save you over time include:

• The amount of sunlight your home gets: Because of Lavon's very high amount of average daily sunlight, you should be able to save a lot on your electricity bills.
• Typical energy usage: The more energy your household consumes on average and the steeper your current energy bills are, the more money you could save by going solar.
• The kind of solar panels you want to get: Some are more expensive, so that will influence your budget for your solar project.
• Incentives: One thing 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 on your energy bills, which can result in an average of $21,000 of savings over 20 years.

So is installing solar panels worth it? Whether you're trying to decrease your energy bills, greenhouse gas emissions or both, solar panels are a worthwhile investment for many Lavon homeowners.

Solar Incentives in Lavon

Because solar power is better for the environment than traditional energy sources, there are a number of government incentives in place to encourage people to make the switch. State and city solar incentives vary by location and, sometimes, utility company. Many states offer rebates for home solar power systems, in addition to the federal solar tax credit. For detailed information about incentives that apply to you, check out our our article on solar incentives.

Environmental Impact of Switching to Solar in Lavon

There are a few big reasons why many people want to invest in solar energy: to put more money in their bank account and to help the planet. But — how much exactly can you help the environment by using solar power? An important thing to think about is your overall carbon footprint. For example, if your commute is very long, your footprint may be bigger, so adopting solar energy for your home can help offset that. Although solar panel production emits carbon dioxide, the panels make up for it by considerably decreasing the amount of CO2 you would have produced if you still used nonrenewable energy. In Lavon, you can reduce your carbon footprint by 80 pounds a year with solar panels. For those who are concerned about the environment, the upfront cost of solar is a small price to pay for the offset carbon emissions.