16 Best Solar Companies in Richardson, TX (Jun 2022 Review)

The Cost and Benefits of Solar in Richardson

While solar panels can help save you money on electricity bills over time, it's necessary to know the upfront costs. Some important things that impact the cost and possible savings include:

• System size and type: Some models are more expensive than others, so the one you want to get can raise or lower your initial investment. Plus, the more solar panels you need to get, the more it'll cost.
• How much energy costs for you: The average family in Richardson spends around $1,500 a year on home energy use alone, so you could end up with that much in savings.
• Energy consumption: Installing a solar system may be a high-cost investment for households that don't consume a lot of energy each month.
• Average daily sunlight: Since Richardson gets lots of sunlight, your solar panel system will most likely be able to generate enough energy to power your whole home, which influences how much you can save on your energy bills.

Even though a solar panel system costs a good chunk of money upfront, it can save you much more in the long term. The question of how much, though, depends on a number of factors, including the angle of your roof and incentives.

Solar Incentives in Richardson

In an effort 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 switching to solar power more economically viable and accessible. You qualify for the federal solar investment tax credit (ITC) for the tax year you turn on your a solar panel system. You can also possibly stack the ITC with other state and city incentives. Take a look at the table below to find out what incentives are available to you.

Environmental Impact of Switching to Solar in Richardson

An important reason so many homeowners are considering going solar is to help lower their environmental impact. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Richardson, though. The average person has a substantial carbon footprint. Between their car, which releases over 10,000 pounds of carbon dioxide emissions every year, and energy for their home, it can be overwhelming to think about what to do. Using solar power is one of the easiest things you can do to help. In Richardson, the average person can reduce their carbon footprint by 80 pounds a year after going solar. If you want to do your part for the environment, you'll most likely find 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.