12 Best Solar Companies in Northlake, TX (Oct 2022 Review)

The Cost and Benefits of Solar in Northlake

We understand that for many homeowners, the choice to invest in solar hinges on installation costs. Some main factors that influence how much it will cost to install a solar panel system on your home and how much it could save you over time include:

• The amount of sunlight your area gets: Due to Northlake's very high amount of average daily sunlight, you should be able to save a lot on your electric bills.
• Energy consumption: Solar may be a high-cost option for families that don't use a good amount of energy each month.
• Choice of solar panels: The type of solar panels you choose will affect your total cost. High-efficiency monocrystalline panels are more expensive upfront but can also save you more money over the lifetime of your system. If space isn't a constraint for your project, you can go with a higher number of more affordable panels.
• Incentives: The federal solar investment tax credit, which everyone qualifies for, allows you to deduct 30% of the cost of your solar system installation from your federal taxes. Additionally, not including incentives, you can save about $16,000 over 20 years on your energy bills.

So are solar panels worth it? Whether you'd like to reduce your electricity costs, greenhouse gas emissions or both, solar panels are a great investment for many Northlake homeowners.

Solar Incentives in Northlake

If you're planning on switching to solar power, a variety of government incentives and state programs can immensely reduce the cost of the project and expedite the return on your investment. On top of the federal tax credit incentive, there are also some state- and city-level incentives, which in almost all cases, can be claimed in addition to the federal incentive, so you get to save even more. You can learn about the incentives available to you in the table below.

Environmental Impact of Switching to Solar in Northlake

There are tons of reasons to trade traditional energy for solar energy, like saving some money on utility bills and helping to reduce your carbon footprint. But how much can using solar energy instead of traditional energy actually affect the environment? The amount of energy you use is a key factor to think about. The more electricity your household consumes, the bigger your impact when you go solar. In fact, if you make the switch to solar power, you could be looking at reducing your carbon dioxide emissions by about 80 pounds each year. As you can see, trading traditional energy for solar has so many other perks apart from saving money. One of the major ones is that you can help save the planet too.