15 Best Solar Companies in North Salt Lake, UT (Oct 2022 Review)

The Cost and Benefits of Solar in North Salt Lake

For many people, the decision of which solar installer to choose depends on pricing. Some key factors that affect how much it will cost to install solar panels on your home and how much money you could save over time include:

• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which gives you a tax credit currently worth 30% of your total installation cost, your state or local government may offer additional tax exemptions, credits or rebates that can help you save even more. Not including incentives, you can save an average of $18,000 over 20 years with your system, too.
• How much energy costs for you: The average household in North Salt Lake spends around $990 a year on power alone, so you could gain that much in savings.
• System size and type: Some models are more pricy than others, so the one you get can raise or lower your upfront cost. Plus, the more solar panels you need, the more it'll cost.
• Average daily sunlight: Since North Salt Lake gets lots of sunlight, your solar panel system will most likely be able to produce enough energy to power your whole home, which affects how much your solar panels can save you on your electricity bills.

Because of solar panels now being cheaper than ever as well as several solar incentives, they are a sound investment for most homeowners.

Solar Incentives in North Salt Lake

If you're considering switching to solar power, a variety of government incentives and solar rebates can immensely lower the cost of the project and speed up the return on your investment. When you install solar panels on your house, you can take advatage of the federal tax credit, or ITC. This credit currently lowers your tax bill by 30% of the cost of your solar panels. Additionally, there may often be some state and city incentives that you can benefit from to further cut back on the cost of solar of solar panels. For detailed information about incentives that apply to you, see the table below.

Environmental Impact of Switching to Solar in North Salt Lake

Lots of people want to do what they can for the planet, which often is the chief motivation to install solar panels. Something many might have in mind is how much can they really help the environment by going solar anyway? 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. The perks of solar power are infinite — just like solar power is! That's why so many people have been happy with making the switch to solar.