15 Best Solar Companies in Stansbury Park, UT (Aug 2022 Review)

The Cost and Benefits of Solar in Stansbury Park

The cost of putting up a solar panel system has dropped significantly over the past several years, but it's still a large investment for most homeowners. Some key things that affect the cost and possible savings include:

• Electricity consumption: The average household in Stansbury Park uses a decent amount of, and consequently may save on their energy bills.
• Your current power bills: Solar panels can greatly lower, or totally get rid of, your utility bills. In Stansbury Park, you can save an average of $87 a month.
• Incentives: Something that can reduce the cost of your solar project is the solar investment tax credit (ITC), which is a tax credit that's equal to a percentage of the project cost. You can also save on your energy bills, which can give you an average of $18,000 of savings over 20 years.
• The amount of sunlight your area gets: Because of Stansbury Park's very high amount of average daily sunlight, you should be able to save a lot on your energy bills.

Though a solar panel system costs a good chunk of money upfront, it can save you a considerable amount over time. The question of how much, though, depends on several factors, like the amount of daily direct sunlight available and your energy consumption.

Solar Incentives in Stansbury Park

If you're thinking about switching to solar energy, a number of government incentives and solar rebates can greatly bring down the cost of the project and speed up the return on your investment. There are a lot of federal, state and local rebates and tax credits that can earn you a decent amount of money back after buying a qualifying system. For more information about incentives that apply to you, see the table below.

Environmental Impact of Switching to Solar in Stansbury Park

An important reason so many homeowners are thinking of switching to solar power is to help lower their environmental impact. You may be asking yourself — how much does making the switch do for the planet anyway? The average person has a rather large carbon footprint. Between their car, which is responsible for over 10,000 pounds of carbon dioxide emissions each year, and energy for their home, it can be overwhelming to think about what to do. Going solar is a simple thing you can do to help. In fact, if you make the switch to solar power, you could look forward to lowering your carbon dioxide emissions by about 50 pounds each year. For homeowners who are concerned about the environment, the upfront cost of solar is a small price to pay for offsetting your carbon emissions.