14 Best Solar Companies in Lumberton, TX (Oct 2022 Review)

The Cost and Benefits of Solar in Lumberton

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 set up your system. Some key factors that influence how much it will cost to install solar panels on your home and how much money you could save over time include:

• How much sunlight your roof gets: This, along with how your roof is set up, affects affect how much power your solar panels can produce.
• Electricity consumption: The average home in Lumberton uses a lot of energy, and consequently may see more savings on electricity bills than other places.
• System size and type: Some models are more costly than others, so the one you want to get can raise or lower your upfront cost. Plus, the more solar panels you need to get, the more it'll cost.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you deduct 30% of your overall installation cost, your local government may offer additional tax exemptions, credits or rebates that will help you save even more. Excluding incentives, you can save an average of $17,000 over the first 20 years with your system, too.

So is installing solar panels worth it? Whether you hope to reduce your energy bills, greenhouse gas emissions or both, solar panels are a worthwhile investment for many Lumberton homeowners.

Solar Incentives in Lumberton

If you're planning on making the switch to solar power, a variety of government incentives and tax credits can drastically reduce the installation costs and expedite the return on your investment. These incentives normally consist of cash rebates, tax benefits and/or performance-based incentives. They can lower how much you pay for installing solar panels by 30%, upwards of 50% depending on where you live. In our article on solar incentives, you can read about the incentives you qualify for in your area.

Environmental Impact of Switching to Solar in Lumberton

If you're considering adding solar panels to your home, one of the major reasons why may be to lower your carbon footprint. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Lumberton, though. If your home consumes a lot of energy, you can help the environment even more by switching to solar power. Though making solar panels emits carbon dioxide, the panels make up for it by greatly lowering the amount of CO2 you would have been responsible for if you still used nonrenewable energy. In Lumberton, you can reduce your carbon footprint by 80 pounds a year with solar panels. If you want to do your part for the environment, you'll likely get that there are many benefits of adopting solar power other than just saving money on electricity. You can also help protect the environment, which some would argue is more valuable.