17 Best Solar Companies in Saratoga Springs, UT (Feb 2023 Review)

The Cost and Benefits of Solar in Saratoga Springs

We understand that for most homeowners, the decision to invest in solar depends on installation costs. There are quite a few factors you should consider when trying to figure out costs and your potential savings, such as:

• Your location: This influences how much sunlight your roof receives, which helps determine how many panels you need.
• Incentives: The federal solar investment tax credit, which everyone qualifies for, allows you to deduct 30% of the cost of installing your solar panel system from your federal taxes. Plus, not including incentives, you can save about $17,000 over 20 years on your energy bills.
• Choice of solar panels: The type of solar panels you need will affect your total cost. High-efficiency monocrystalline panels are more expensive upfront but can also lead to more savings over the lifetime of your system. If you don't need to maximize efficiency, you can opt for a higher number of more affordable panels.
• Your home's power bills: Due to high monthly electric bills in Saratoga Springs, you could save about $950 a year with solar.

So is buying solar panels worth it? Whether you want to reduce your electricity costs, carbon dioxide emissions or both, solar panels are a worthwhile investment for many Saratoga Springs homeowners.

Solar Incentives in Saratoga Springs

Although installing solar panels is typically a large investment, it can save you a substantial amount of money over time due to lower power bills and government incentives. These incentives usually consist of cash rebates, tax credits and/or performance-based incentives. They can cut how much you end up spending on installing solar panels by 30%, upwards of 50% in some cases. You can learn about the incentives available to you in our article on solar incentives

Environmental Impact of Switching to Solar in Saratoga Springs

Many want to do their part to help save the planet, which for many is the chief reason they're interested in installing a solar system. But how much can installing solar panels actually help the environment? The amount of energy you use is an important factor to consider. The more energy your home uses, the larger your impact when you make the switch to solar power. Since solar panels don't release CO2 emissions into the atmosphere when creating electricity, they're a good alternative to traditional energy sources. In fact, you could reduce your carbon dioxide emissions by about 60 pounds each year. If you want to do what you can for the environment, you'll likely recognize that there are many advantages to adopting solar power other than just saving money on bills. You can also help preserve the environment, which some would argue is invaluable.