18 Best Solar Companies in Rowlett, TX (Feb 2023 Review)

The Cost and Benefits of Solar in Rowlett

The cost of putting up solar panels has gone down greatly over the past few years, but it's still a significant investment for most homeowners. The installation cost is just one important factor you should consider when looking into installing solar panels. How much it'll cost and how much you can save depend on things such as:

• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you deduct 30% of your overall installation cost, your state or local government may offer additional tax exemptions, credits or rebates that will help you save even more. Not including incentives, you can save an average of $19,000 over the first 20 years with your solar panels, too.
• The type and model of solar panels you want to get: More efficient panels have higher prices, so that will influence your budget for your solar project.
• Your city: This affects the average daily sunlight your roof gets, which helps determine how many panels you need.
• Electricity consumption: The average household in Rowlett uses a lot of energy, and therefore may see more savings on electricity bills than other places.

Although a solar panel system costs a decent chunk of money upfront, it can save you a considerable amount over time. The question of how much, though, depends on several factors, such as the size of your solar panel system and your local electricity rates.

Solar Incentives in Rowlett

If you're considering switching to solar power, several government incentives and tax credits can drastically lower the cost of the project and expedite the return on your investment. Regardless of what state you live in, you can take advantage of the federal Solar Investment Tax Credit (ITC), which allows you to claim 30% of how much your solar project cost on your tax return, lowering the amount of taxes you owe that year. In addition, there may be some state and city incentives that can save you some extra money too. For more information about local incentives, see our our article on solar incentives.

Environmental Impact of Switching to Solar in Rowlett

Installing solar panels can have a meaningful impact on the environment. You may be asking yourself — how much does going solar help the planet anyway? No matter where you are, you can help the environment by switching to solar energy, but homes that consume a lot of energy will have a greater impact. In fact, if you make the switch to solar power, you could reduce your carbon dioxide emissions by about 80 pounds each year. For homeowners who are worried about the environment, the upfront cost of solar is a small price to pay for the offset carbon emissions.