15 Best Solar Companies in Lufkin, TX (Oct 2022 Review)

The Cost and Benefits of Solar in Lufkin

Solar panels run off a free energy source — the sun — but to take advantage of this you first need to pay to set up your system. Some main factors that affect how much it will cost to install a solar panel system on your home and how much it could save you over time are:

• Average daily sunlight: Since Lufkin gets lots of sunlight, your solar panel system will most likely be able to generate enough energy to power your whole home, which influences how much you can save on your energy bills.
• 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 can help you save even more. Excluding incentives, you can save an average of $20,000 over the first 20 years with your system, too.
• Electricity consumption: The average home in Lufkin uses a lot of energy, and as a result may see more savings on electricity bills than other places.
• The model of solar panels you want to get: More high-tech panels cost more, so that will shape your budget for your solar project.

Even 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, such as the angle of your roof and your local electricity rates.

Solar Incentives in Lufkin

One of the good things about installing a solar panel system is receiving government incentives. These incentives typically include cash rebates, tax credits and/or performance-based incentives. They can cut how much you pay for installing solar panels by 26 to 50% in some cases. Check out the table below to learn what incentives you can take advantage of.

Environmental Impact of Switching to Solar in Lufkin

One of the best reasons to tap into solar power is to minimize your dependence on nonrenewable energy sources like burning fossil fuels, which are hazardous for the environment. But how much can using solar energy instead of traditional energy actually affect the environment? Your energy usage is a significant factor to keep in mind. The more electricity you use, the greater your impact when you switch to solar energy. Even though solar panel production releases carbon dioxide emissions, the panels make up for it by greatly reducing the amount of CO2 you would have produced if you still used nonrenewable energy. In Lufkin, you can reduce your carbon footprint by 80 pounds a year with solar panels. As you can see, using solar power has so many other perks outside of saving money. One of the most important ones is that you can help save the Earth too.