18 Best Solar Companies in Silver Summit, UT (Mar 2023 Review)

The Cost and Benefits of Solar in Silver Summit

For the majority of homeowners, whether or not to invest in a solar energy system comes down to the cost. There are quite a few factors you should take into consideration when trying to determine how much it will cost and how much you can save, including:

• average energy usage: The more energy your home consumes on average and the steeper your current energy bills are, the more money you could save by switching to solar.
• Your home's power bills: Because of fairly high monthly electricity bills in Silver Summit, you could save about $1,000 a year with solar.
• Your income and budget: This affects what kind of solar panels you can buy.
• Incentives: Tax-paying citizens who install a solar energy system this year can save 30% of their solar installation costs by taking advantage of the federal solar investment tax credit. You can also save about $19,000 on your utility bills over 20 years without incentives.

Solar is a valuable investment for most homeowners. You can produce your own power instead of paying for it from the grid and make use of solar tax credits and rebates, all while helping the environment.

Solar Incentives in Silver Summit

If you're considering making the switch to solar energy, various government incentives and subsidies can greatly lower the installation costs and expedite the return on your investment. When you install a solar panel system on your home, you become eligible to claim the federal tax credit, or ITC. This credit currently lets you lower your tax bill by 30% of the cost of your solar panels. Additionally, there may often be some regional incentives that you can take advantage of to further cut back on the cost of solar of solar panels. For detailed information about incentives for homeowners in Silver Summit, visit our our article on solar incentives.

Environmental Impact of Switching to Solar in Silver Summit

If you want to add solar panels to your home, one of the primary reasons why may be to lower your carbon dioxide emissions. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Silver Summit, though. In a city like Silver Summit where energy use is rather high, installing solar panels is a great idea for households who want to do their part for the environment. Once you go solar, your carbon footprint can be cut by about 60 pounds a year. Since solar energy is plentiful and produces electricity without releasing carbon emissions, adding solar panels to your home is one easy step you can take to help protect the planet.