16 Best Solar Companies in Springville, UT (Sep 2022 Review)

The Cost and Benefits of Solar in Springville

Although solar panels can help save you a good amount of money on power bills over time, it's important to know the startup costs. Some important factors that dictate the cost of installing solar panels on your home and how much money you could save over time are:

• The amount of sunlight your city gets: Because of Springville's very high amount of average daily sunlight, you should be able to save a lot on your power bills.
• System size and type: Some models are more expensive than others, so the one you get can raise or lower your upfront cost. Plus, the more solar panels you need to get, the more it'll cost.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you deduct 30% of your overall installation cost, your local government may offer additional tax exemptions, credits or rebates that will help you save even more. Excluding incentives, you can save an average of $17,000 over the first 20 years with your system, too.
• Typical energy usage: The more energy your home uses on average and the larger your current energy bills are, the more likely you'll benefit from going solar.

There are lots of good benefits of solar despite the initial cost of installation. It can help the environment and your wallet. In addition, it can raise the value of your home, giving you even more benefits if you decide to sell your home later.

Solar Incentives in Springville

If you're considering switching to solar energy, a number of government incentives and solar rebates can greatly lower the cost of the project and expedite the return on your investment. When you install a solar panel system, 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 are often some local incentives that you can benefit from to further save. In the table below, you can read about the incentives you qualify for in Springville.

Environmental Impact of Switching to Solar in Springville

If you're considering adding solar panels to your home, one of the primary reasons why may be to lower your carbon dioxide emissions. But you may be curious — how much exactly can you help the planet by using solar power? For homeowners who want to help cut back on greenhouse gas emissions, going solar is an easy decision, especially since Springville produces a fair amount of carbon dioxide emissions from its energy generation. Although solar panel production emits carbon dioxide, the panels make up for it by significantly lowering the amount of CO2 you would have produced if you still used nonrenewable energy. In Springville, you can reduce your carbon footprint by 60 pounds a year with solar panels. As you can see, using solar power has so many other rewards apart from saving money. One of the major ones is that you can help save the environment too.