17 Best Solar Companies in Lewisville, TX (Sep 2022 Review)

The Cost and Benefits of Solar in Lewisville

When choosing a solar company, most homeowners or business owners care about the costs above all. There are quite a few factors you should consider when determining how much it will cost and how much you can save, such as:

• Your income and budget: This determines what model of solar panels you can buy.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you deduct 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. Not including incentives, you can save an average of $16,000 over 20 years with your system, too.
• The amount of sunlight your roof gets: If your rooftop doesn't see much direct sunlight, your solar panel system won't be able to produce as much energy, which will give you lower savings on energy bills than a roof that gets lots of sunlight.
• 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 going solar.

There are many wonderful benefits of solar even with the upfront cost of installation. It can help the planet and your bank account. In addition, it can increase the value of your home, resulting in even more benefits if you want to sell your home later.

Solar Incentives in Lewisville

In an effort to increase the number of homes and businesses that use solar power, incentives are offered by the government — and even some utility companies — to help make solar power more economically viable and accessible. State and city solar incentive programs vary by location and, sometimes, utility company. A lot of states offer rebates for home solar power systems, in addition to the federal solar tax credit. In the table below, you can see the incentives you qualify for near you.

Environmental Impact of Switching to Solar in Lewisville

Installing solar panels can have a positive impact on the environment. But you may be wondering — how much exactly can you help the environment by making the switch to solar? The more power your household uses, the better off the planet will be when you switch to solar as you won't need to use as much nonrenewable energy. Because solar panels don't release greenhouse gas emissions into the atmosphere when generating electricity, they're a good alternative to traditional energy sources. In fact, you could lower your carbon dioxide emissions by about 80 pounds each year. The perks of solar power are plentiful — just like solar power is! That's why so many homeowners have been happy with making the switch to solar.