13 Best Solar Companies in Wylie, TX (Mar 2023 Review)

The Cost and Benefits of Solar in Wylie

Solar panels run off a free energy source — the sun — but to take advantage of this you will need to pay to install your system. There are quite a few factors you should consider when determining costs and your potential savings, such as:

• How much power your home consumes: Homes that need lots of power each month may require more solar panels and, therefore, be more costly, but will also benefit more over time.
• The kind of solar panels you're thinking of getting: More efficient panels are more expensive, so that will influence your budget for your solar project.
• Average daily sunlight: Since Wylie 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.
• Incentives: Tax-paying citizens who install a solar system this year can save 30% of their overall solar costs by using the federal solar investment tax credit. You can also save about $19,000 on your energy bills over 20 years excluding incentives.

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 several factors, like the amount of daily direct sunlight available and your local electricity rates.

Solar Incentives in Wylie

If you're planning on making the switch to solar energy, various government incentives and solar rebates can dramatically bring down your project costs and expedite the return on your investment. State and city solar incentives vary by location and, sometimes, utility company. A lot of states offer rebates for home solar power systems, in addition to the federal solar tax credit. Take a look at our article on solar incentives to find out what incentives are available to you.

Environmental Impact of Switching to Solar in Wylie

There are lots of reasons to make the switch to solar energy, like saving on utility bills and helping to reduce your carbon footprint. But how much can using solar energy instead of traditional energy actually help the environment? If your household consumes lots of energy, you can impact the environment even more by switching to solar power. In Wylie, the average homeowner can lower their carbon footprint by 80 pounds a year once they go solar. If you want to do what you can for the environment, you'll most likely understand that there are many good things about adopting solar energy other than just saving money on bills. You can also help protect the environment, which some would argue is worth more.