11 Best Solar Companies in Mabank, TX (2023 Reviews)

The Cost and Benefits of Solar in Mabank

Solar panels are powered by a free energy source — the sun — but to take advantage of this you will first need to pay to set up your panels. Some important things that impact the upfront cost and potential savings over time include:

• Incentives: The federal solar investment tax credit currently allows you to lower your taxes by 30% of the project cost. Your state and city may also have incentives and rebates that you can take advantage of. Plus, you can save about $19,000 over 20 years on your utility bills, without incentives.
• System size and type: Some models are more expensive than others, so the one you choose can raise or lower your initial investment. Plus, the more solar panels you need to buy, the more it'll cost.
• How much electricity your home consumes: Homes that need plenty of electricity each month may require more solar panels and, consequently, more upfront cost, but will also save more on their energy bills over time.
• The amount of sunlight your area gets: Thanks to Mabank's very high amount of average daily sunlight, you should be able to save a lot on your power bills.

Even though a solar panel system costs a sizable chunk of money upfront, it can save you a considerable amount over time. The question of how much, though, depends on a number of factors, including the size of your solar panel system and your energy consumption.

Solar Incentives in Mabank

Because solar power is a cleaner source of energy than burning fossil fuels, there are some government incentives available to encourage its adoption. No matter what state you live in, you can take advantage of the federal Solar Investment Tax Credit (ITC), which will let you claim 30% of how much your solar project cost when you file taxes, reducing the amount of taxes you owe that year. Plus, there may be some state and city incentives you can benefit from too. In our article on solar incentives, you can read about the incentives you qualify for in Mabank.

Environmental Impact of Switching to Solar in Mabank

There are lots of reasons to make the switch to solar power, like saving some money on utility bills and helping to reduce your carbon footprint. A question many people might be wondering about is how much can they really help the environment by going solar anyway? If your household uses a lot of energy, you can impact the environment even more by switching to solar energy. In Mabank, the average homeowner can reduce their carbon footprint by 80 pounds a year once they go solar. As you can see, going solar has so many other perks apart from saving money. One of the major ones is that you can help save the environment too.