14 Best Solar Companies in Nephi, UT (2023 Reviews)

The Cost and Benefits of Solar in Nephi

When picking a solar company, most homeowners or business owners care about the costs above all. The installation cost is just one important factor you should take into account when looking into installing solar panels. How much it'll cost and how much you can save depend on things such as:

• Typical energy usage: The more energy your home consumes on average and the larger your current energy bills are, the more money you could save by going solar.
• Incentives: The federal solar investment tax credit currently allows you to reduce your taxes by 30% of the project cost. Your state and even local utility companies may also have incentives and rebates that you can benefit from. Additionally, you can save about $19,000 over 20 years on your utility bills, without incentives.
• Choice of solar panels: The type of solar panels you need will affect your total cost. High-efficiency monocrystalline panels will cost more upfront but can also lead to more savings over the lifetime of your system. If space isn't a constraint for your project, you can opt for a higher number of more affordable panels.
• The amount of sunlight your house gets: Thanks to Nephi's very high amount of average daily sunlight, you should be able to save a lot on your electricity bills.

So is a solar panel system worth it? Whether you're trying to reduce your energy bills, carbon emissions or both, solar panels are a solid investment for many Nephi homeowners.

Solar Incentives in Nephi

Although solar power is typically a $15,000 to $25,000 investment, it can save you a substantial amount of money over several years due to smaller power bills and government incentives. On top of the federal solar investment tax credit, there are also some state- and city-level programs, which in most cases, can be claimed in addition to the federal incentive, so you get to save even more. For more information about incentives that apply to you, visit our our article on solar incentives.

Environmental Impact of Switching to Solar in Nephi

Going solar can have a meaningful effect on the environment. A question many might be thinking about is how much can they really help save the environment by switching to solar power anyway? Everyone can help the planet by switching to solar energy, but homes that use a lot of energy will have an even bigger impact. Though solar panel production releases carbon dioxide emissions, the panels make up for it by greatly lowering the amount of CO2 you would have produced if you still used traditional energy. In Nephi, you can reduce your carbon footprint by 60 pounds a year with solar panels. For homeowners who are worried about the environment, the upfront cost of solar is a small price to pay for offsetting your carbon emissions.