15 Best Solar Companies in Plano, TX (Dec 2022 Review)

The Cost and Benefits of Solar in Plano

When deciding on a solar company, most homeowners or business owners think about the costs above all. There are a few factors you should consider when trying to figure out the overall cost and how much you can save, such as:

• Your city: This affects the average daily sunlight your roof gets, which helps determine how many panels you need.
• Choice of solar panels: The type of solar panels you want will affect your total cost. High-efficiency monocrystalline panels are more expensive upfront but can also lead to more savings 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 can save you some money, allows you to deduct 30% of the cost of installing your solar panel system from your federal taxes. In addition, not including incentives, you can save about $19,000 over 20 years on your energy bills.
• Your current electric bills: Solar panels can dramatically lower, or entirely eradicate, your utility bills. In Plano, you can save an average of $127 a month.

Because of solar panels now being cheaper than ever as well as several solar incentives, they are a sound investment for many homeowners.

Solar Incentives in Plano

In order to increase the number of homes and businesses that use solar power, incentives are offered by the government — and even some utility companies — to help make going solar more economical and accessible. In addition to the federal tax credit incentive, there are also some local benefits, which in the majority of cases, can be claimed in addition to the federal incentive, so you get to save even more. Our article on solar incentives goes over more detailed information on the incentives you can benefit from in Plano.

Environmental Impact of Switching to Solar in Plano

There are a few main reasons why many people want to invest in solar energy: for the financial and environmental benefits. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Plano, though. Everyone can help save the planet by switching to solar energy, but homes that use more energy will have an even bigger impact. In fact, if you install solar panels, you could expect to reduce your carbon dioxide emissions by about 80 pounds each year. For people who are concerned about the environment, the upfront cost of solar is a small price to pay for offsetting your carbon emissions.