15 Best Solar Companies in North Salt Lake, UT (Jan 2023 Review)

The Cost and Benefits of Solar in North Salt Lake

The cost of installing solar panels has gone down greatly in the past few years, but it's still a large investment for most homeowners. The installation cost is just one important factor you should bear in mind when looking into installing solar panels. How much it'll cost and how much you can save depend on things including:

• System size and type: Some models are more costly than others, so the one you decide on can raise or lower your initial investment. Plus, the more solar panels you need to get, the more it'll cost.
• How much you spend on energy: If your local utility rates are quite high, there's a good chance you'll get a higher return on your investment in solar panels. In North Salt Lake, you can save an average of $82 a month on your electricity bills.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you deduct 30% of your overall installation cost, your state or local government may offer additional tax exemptions, credits or rebates that can help you save even more. Aside from incentives, you can save an average of $18,000 over the first 20 years with your solar system, too.
• Whether or not your roof gets a lot of direct sunlight: This, plus how your roof is set up, affects affect how much electricity your solar panels can make.

Due to the cost of solar panels being lower than before as well as various solar incentives, they are a worthwhile investment for most homeowners.

Solar Incentives in North Salt Lake

Adopting solar power has plenty of great benefits. Not only can it help preserve the planet, but you can also save some money on your installation with various government incentives. You are eligible for the federal solar investment tax credit (ITC) for the tax year you turn on your a solar system. You can also possibly pair the ITC with other state and city rebates and benefits. For comprehensive information about incentives for homeowners in North Salt Lake, visit our our article on solar incentives.

Environmental Impact of Switching to Solar in North Salt Lake

Switching to solar energy can have a beneficial impact on the environment. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in North Salt Lake, though. No matter where you are, you can help save the planet by switching to solar energy, but homes that consume a lot of energy will have an even greater impact. Because solar panels don't release CO2 emissions into the atmosphere when generating electricity, they're a good substitute for traditional energy sources. In fact, you could be looking at reducing your carbon dioxide emissions by about 60 pounds each year. As you can see, investing in solar has so many other perks apart from saving money. One of the main ones is that you can help save the environment too.