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

The Cost and Benefits of Solar in Springville

The cost of putting up a solar panel system has gone down significantly over the past several years, but it's still a large investment for most homeowners. There are a few factors you should take into consideration when trying to determine how much it will cost and how much you can save, including:

• How much sunlight your roof gets: If your roof doesn't see much direct sunlight, your solar panels won't be able to generate as much energy, which will give you lower savings on electricity bills than someone with a roof that gets a lot of sunlight.
• Energy consumption: Solar may be an expensive investment for households that don't need too much energy per month.
• System size and type: Some models are more expensive than others, so the one you want to get can raise or lower your initial investment. Plus, the more solar panels you need, the more it'll cost.
• Incentives: The federal solar investment tax credit, which can save you some money, lets you deduct 26% of the cost of installing your solar panel system from your taxes. In addition, not including incentives, you can save about $17,000 over 20 years on your energy bills.

Even though a solar panel system costs a sizable chunk of money upfront, it can save you thousands of dollars over time. The question of how much, though, depends on a number of factors, including the size of your house and your current power bills.

Solar Incentives in Springville

Although installing solar panels is typically a $15,000 to $25,000 investment, it can save you a lot of money over many years due to smaller utility bills and government incentives. There are quite a few federal, state and local rebates and tax credits that let you earn some money back after buying a solar panel system. You can find out about the incentives you can take advantage of in the table below.

Environmental Impact of Switching to Solar in Springville

Installing solar panels is a great way to do your part for a more sustainable future. Something many might be thinking about is how much can they really help protect the environment by switching to solar power anyway? If your family consumes a lot of energy, you can have an even greater impact on the planet by switching to solar energy. In Springville, the average person can lower their carbon footprint by 60 pounds a year after going solar. If you care about the environment, you'll likely recognize that there are many good things about adopting solar energy other than just saving money on electricity. You can also help protect the environment, which some would argue is more valuable.