13 Best Solar Companies in Richland Hills, TX (Aug 2022 Review)

The Cost and Benefits of Solar in Richland Hills

While solar panels can help save you a good amount of money on energy bills over time, it's necessary to consider the startup costs. The installation cost is just one important factor you should take into account when looking into getting solar panels. How much it'll cost and how much you can save depend on things including:

• Average daily sunlight: Since Richland Hills 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.
• Energy consumption: Solar may be an expensive investment for homes that don't need too much energy a month.
• Your current electricity bills: Solar panels can greatly decrease, or completely eradicate, your utility bills. In Richland Hills, you can save an average of $124 a month.
• Choice of solar panels: The kind of solar panels you buy 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 opt for a higher number of more affordable panels.

There are lots of great benefits of solar even with the initial cost of installation. It can help the planet and your bank account. Additionally, it can increase the value of your home, leading to even more benefits if you decide to sell your home later.

Solar Incentives in Richland Hills

Switching to solar power has lots of wonderful benefits. Not only can it help preserve the environment, but you can also save a good amount of money on your installation with various government incentives. When you install a solar panel system on your house, you can claim the federal tax credit, or ITC. This credit currently lowers your tax bill by 26% of the cost of your solar panels. Additionally, there may often be some local incentives that you can take advantage of to further save. Take a look at the table below to learn what incentives you can take advantage of.

Environmental Impact of Switching to Solar in Richland Hills

There are lots of reasons to make the switch to solar energy, like saving some money on utility bills and helping to lower your carbon footprint. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Richland Hills, though. The EPA reports that electricity generation is the second biggest source of greenhouse gas emissions and about 62% of our electricity is produced by burning fossil fuels. Switching to a clean energy source like solar power can help put a dent in that statistic in a city like Richland Hills that accounts for a sizable amount of carbon dioxide emissions each year. Since solar panels don't release CO2 emissions into the atmosphere when generating electricity, they're a good substitute for traditional energy sources. In fact, you could look forward to lowering your carbon dioxide emissions by about 80 pounds each year. For people who are worried about the environment, the upfront cost of solar is a small price to pay for reducing your carbon footprint.