14 Best Solar Companies in Santaquin, UT (Aug 2022 Review)

The Cost and Benefits of Solar in Santaquin

While solar panels can help save you a good amount of money on energy over time, it's important to consider the upfront costs. 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:

• Your location: This affects how much sunlight your roof receives, which helps determine how many panels you need.
• How much power your household consumes: Households that use lots of energy each month may require more solar panels and, therefore, be more expensive, but will also benefit more over time.
• The model of solar panels you have the money for: This is dependent on your income and budget.
• Incentives: Something that can make your solar project cost less is the solar investment tax credit (ITC), which is a tax credit that lets you deduct from your taxes a percentage of the project cost. You can also save on your energy bills, which can generate an average of $19,000 of savings over 20 years.

So is installing solar panels worth it? Whether you'd like to lower your electric bills, carbon emissions or both, solar panels are a worthwhile investment for many Santaquin homeowners.

Solar Incentives in Santaquin

There are a lot of reasons why adopting solar power is beneficial. One of them consists of some government incentives that can help save you some money. On top of the federal solar investment tax credit, there are also some state- and city-level benefits, which in almost all cases, stack with the federal incentive, so you can save even more. The table below tells you about the incentives you can find in Santaquin.

Environmental Impact of Switching to Solar in Santaquin

There are lots of reasons to trade traditional energy for solar power, like saving some money on utility bills and helping to reduce your carbon footprint. You may be trying to figure out — how much does making the switch do for the environment anyway? Your energy usage is a key factor to consider. The more energy your home uses, the larger your impact when you switch to solar energy. Since solar panels don't release carbon dioxide emissions into the atmosphere when producing electricity, they're a good alternative to nonrenewable energy sources. In fact, you could expect to reduce your carbon dioxide emissions by about 60 pounds each year. As you can see, using solar power has so many other perks apart from saving money. One of the major ones is that you can help save the Earth too.