16 Best Solar Companies in Cottonwood Heights, UT (Jul 2022 Review)

The Cost and Benefits of Solar in Cottonwood Heights

Even though solar panels can save you money on energy over time, it's important to take into consideration the startup costs. Some main factors that influence the cost of installing a solar panel system on your home and how much it could save you over time are:

• Your income and budget: This affects what type of solar panels you can buy.
• Incentives: Tax-paying citizens who purchase and install a solar energy system this year can save 26% of their overall solar costs by using the federal solar investment tax credit. You can also save about $18,000 on your utility bills over 20 years excluding incentives.
• The amount of sunlight your house gets: Due to Cottonwood Heights's very high amount of average daily sunlight, you should be able to save a lot on your electricity bills.
• Electricity consumption: The average household in Cottonwood Heights uses a decent amount of, and consequently may save on their energy bills.

Solar is a worthwhile investment for most homeowners. You can make your own electricity instead of paying for it from the grid and make use of solar incentives, all while helping protect the environment.

Solar Incentives in Cottonwood Heights

Although installing solar panels is typically a large investment, it can save you much money over the lifespan of your solar panels due to lower energy bills and government incentives. On top of the federal tax credit incentive, there are also some state- and city-level incentives, which in the majority of cases, can be claimed in addition to the federal incentive, so you can save even more. You can learn about the incentives you can take advantage of in the table below.

Environmental Impact of Switching to Solar in Cottonwood Heights

There are many reasons to switch to solar energy, like saving on utility bills and helping to lower your carbon footprint. But you may be wondering — how much exactly can you help the planet by using solar power? Something that can dramatically affect your carbon footprint is how long your commute is and how much you drive generally. If you install solar panels and have an electric car, you can significantly reduce your carbon dioxide emissions by charging your car at home. Because solar panels don't release greenhouse gas emissions into the atmosphere when creating electricity, they're a good swap for traditional energy sources. In fact, you could expect to reduce your carbon dioxide emissions by about 60 pounds each year. If you want to do your part for the environment, you'll most likely find 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.