16 Best Solar Companies in Live Oak, TX (Sep 2022 Review)

The Cost and Benefits of Solar in Live Oak

While solar panels can save you money on power bills over time, it's important to consider the startup costs. Some significant things that influence the cost and possible savings include:

• 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. 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 afford: This depends on your income and budget.
• Your home's orientation toward the sun: This, plus the configuration of your roof, affects affect how much power your solar panels can produce.
• How much power your household needs: If your home needs to use a lot of energy, you'll see more savings from going solar.

Though a solar panel system costs a good chunk of money upfront, it can save you a considerable amount over time. The question of how much, though, depends on several factors, like the size of your house and your energy consumption.

Solar Incentives in Live Oak

Since solar power is better for the environment than traditional energy sources, there are various government incentives available to encourage people to make the switch. You qualify for the federal solar investment tax credit (ITC) for the tax year you turn on your a solar panel system. You can also potentially stack the ITC with other local rebates and benefits. Check out the table below to learn what incentives are available to you.

Environmental Impact of Switching to Solar in Live Oak

If you're planning on adding solar panels to your home, one of the major reasons why may be to lower your carbon dioxide emissions. But how much can switching to solar actually help the environment? If your family consumes lots of energy, you can have an even greater impact on the planet by switching to solar energy. Though making solar panels releases carbon dioxide emissions, the panels make up for it by significantly lowering the amount of CO2 you would have released if you still used traditional energy. In Live Oak, you can reduce your carbon footprint by 80 pounds a year with solar panels. The good things about solar power are infinite — just like solar power is! That's why so many homeowners have been happy with making the switch to solar.