18 Best Solar Companies in Princeton, TX (2023 Reviews)

The Cost and Benefits of Solar in Princeton

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

• The make and model of solar panels you're thinking of getting: More efficient models are more expensive, so that will influence your budget for your solar project.
• Incentives: Tax-paying citizens who purchase and install a solar energy system this year can save 30% of their overall solar costs by using the federal solar investment tax credit. You can also save about $21,000 on your energy bills over 20 years without incentives.
• Average daily sunlight: Since Princeton gets lots of sunlight, your solar panel system will most likely be able to produce enough energy to power your whole home, which influences how much you can save on your energy bills.
• How much electricity your home consumes: Households that consume a lot of energy each month may call for more solar panels and, therefore, more upfront cost, but will also enjoy more savings over time.

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 a number of factors, like the angle of your roof and incentives.

Solar Incentives in Princeton

Since solar power is a cleaner source of energy than burning fossil fuels, there are various government incentives available to encourage people to make the switch. You qualify for the federal solar investment tax credit (ITC) for the tax year you turn on your solar panels. You can also possibly use the ITC with other state and city rebates and benefits. Our article on solar incentives goes over more information on the incentives you can take advantage of in Princeton.

Environmental Impact of Switching to Solar in Princeton

Lots of people want to do what they can to help save the planet, which for many is the primary motivation to install solar panels. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Princeton, though. If your family consumes lots of energy, you can have an even greater impact on the planet by switching to solar energy. Since solar panels don't release CO2 emissions into the atmosphere when creating electricity, they're a good swap for traditional energy sources. In fact, you could reduce your carbon dioxide emissions by about 80 pounds each year. As you can see, using solar power has so many other benefits besides saving money. One of the main ones is that you can help save the environment too.