14 Best Solar Companies in West Point, UT (Mar 2023 Review)

The Cost and Benefits of Solar in West Point

Even though solar panels can save you money on power bills over time, it's necessary to consider the startup costs. The cost of solar and the savings it generates vary depending on some key factors such as:

• The type of solar panels you can afford: This hinges on what your budget is.
• How much energy you use: If your household regularly uses a lot of energy, you'll benefit more from going solar.
• Incentives: The federal solar investment tax credit currently allows you to reduce your taxes by 30% of the project cost. Your state and even local utility companies may also have incentives and rebates that you can take advantage of. Plus, you can save about $19,000 over 20 years on your utility bills, without incentives.
• How much sunlight your roof gets: If your roof doesn't see much direct sunlight, your solar panel system won't be able to generate as much energy, which will give you lower savings on electric bills than someone with a roof that gets a lot of sunlight.

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

Solar Incentives in West Point

To increase the number of homes and businesses that use solar power, incentives are offered by the government — and even some utility companies — to help make going solar more financially viable and accessible. You qualify for the federal solar investment tax credit (ITC) for the tax year you turn on your solar panels. You can also potentially pair the ITC with other local rebates and benefits. In our article on solar incentives, you can read about the incentives you qualify for in your area.

Environmental Impact of Switching to Solar in West Point

One of the best reasons to switch to solar energy is to cut your dependence on nonrenewable energy sources like burning fossil fuels, which are harmful for the environment. But how much can using solar energy instead of traditional energy actually affect the environment? The average person has a substantial carbon footprint. Between their car, which releases over 10,000 pounds of carbon dioxide emissions every year, and energy for their home, it can be overwhelming to think about what to do. Switching to solar is a practical thing you can do to help. In West Point, the average person can reduce their carbon footprint by 60 pounds a year once they go solar. Since solar power is abundant and produces electricity without free from carbon dioxide emissions, installing solar panels is one easy step you can take to help the planet.