15 Best Solar Companies in Temple, TX (Aug 2022 Review)

The Cost and Benefits of Solar in Temple

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

• Incentives: Something that can reduce the cost of your solar project is the solar investment tax credit (ITC), which is a tax credit that lets you deduct from your taxes a percentage of the project cost. You can also save a decent amount of money on your power bills, which can lead to an average of $17,000 of savings over 20 years.
• System size and type: Some models are more expensive than others, so the one you choose can raise or lower your initial investment. Plus, the more solar panels you need to buy, the more it'll cost.
• Whether or not your roof gets a lot of direct sunlight: This, along with your roof configuration, affects affect how much energy your solar panels can make.
• average energy usage: The more energy your home consumes on average and the steeper your current energy bills are, the more likely you'll benefit from switching to solar.

There are several good benefits of solar in spite of the initial cost of installation. It can help the environment and your finances. Additionally, it can increase the value of your home, resulting in even more benefits if you choose to sell your home later.

Solar Incentives in Temple

Because solar power is a cleaner source of energy than fossil fuels, there are a number of government incentives available to encourage its adoption. In addition to the federal tax credit incentive, there are also some state- and city-level incentives, which in almost all cases, can be claimed in addition to the federal incentive, so you can save even more. In the table below, you can read about the incentives you qualify for in Temple.

Environmental Impact of Switching to Solar in Temple

Installing solar panels can have a beneficial effect on the environment. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Temple, though. The more energy your household uses, the better off the planet will be when you switch to solar as you won't need to burn as many fossil fuels. Since solar panels don't release CO2 emissions into the atmosphere when producing electricity, they're a good substitute for nonrenewable 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 rewards apart from saving money. One of the primary ones is that you can help save the Earth too.