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

The Cost and Benefits of Solar in Wichita Falls

For the majority of homeowners, the decision to invest in a solar energy system boils down to the cost. There are quite a few factors you should consider when trying to determine how much it will cost and how much you can save, including:

• Typical energy usage: The more power your household consumes on average and the larger your current power bills are, the more benefits you'll see from making the switch to solar.
• Incentives: One thing that can reduce the cost of your solar project is the solar investment tax credit (ITC), which is a tax credit that's equal to a percentage of the project cost. You can also save a decent amount of money on your power bills, which can result in an average of $20,000 of savings over 20 years.
• Average daily sunlight: Since Wichita Falls gets lots of sunlight, your solar panel system will most likely be able to produce enough energy to power your whole home, which impacts how much your solar panels can save you on your electricity bills.
• The type of solar panels you can afford: This depends on what your budget is.

So is buying solar panels worth it? Whether you want to reduce your electricity costs, carbon emissions or both, solar panels are a great investment for many Wichita Falls homeowners.

Solar Incentives in Wichita Falls

If you're considering switching to solar energy, various government incentives and subsidies can dramatically bring down the installation costs and expedite the return on your investment. When you install solar panels on your home, you become eligible to claim the federal tax credit, or ITC. This credit currently lets you lower your tax bill by 30% of the cost of your solar panels. In addition, there may often be some local incentives that you can take advantage of to further cut back on the cost of solar of solar panels. You can find out about the incentives you can use in our article on solar incentives

Environmental Impact of Switching to Solar in Wichita Falls

One of the reasons so many people consider installing solar panels is to help bring down their environmental impact. But how much can using solar energy instead of traditional energy actually affect the environment? No matter where you are, you can help save the environment by switching to solar energy, but homes that use lots of energy will have a greater impact. In fact, if you make the switch to solar power, you could lower your carbon dioxide emissions by about 80 pounds each year. As you can see, trading traditional energy for solar has so many other perks beyond saving money. One of the main ones is that you can help save the Earth too.