16 Best Solar Companies in Ashland, VA (Oct 2022 Review)

The Cost and Benefits of Solar in Ashland

While solar panels can help save you money on energy bills over time, it's necessary to consider the startup costs. The installation cost is just one important factor you should keep in mind when looking into installing solar panels. How much it'll cost and how much you can save depend on things such as:

• Your location: This influences the average daily sunlight your roof gets, which helps determine how many panels you need.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which gives you a tax credit currently worth 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 power your household uses on average and the higher your current power bills are, the more money you could save by going solar.
• System size and type: Some models are more pricy than others, so the one you choose can raise or lower your upfront cost. Plus, the more solar panels you need to get, the more it'll cost.

Solar is a valuable investment for most homeowners. You can produce your own electricity instead of paying for it from a utility company and make use of solar incentives and rebates, all while helping preserve the Earth.

Solar Incentives in Ashland

In an effort to increase solar panel installation and usage, federal, state and local governments — and even some utility companies — offer incentives to help make switching to solar power more financially viable and accessible. These incentives mostly take the form of cash rebates, tax benefits and/or performance-based incentives. They can reduce how much you pay for going solar by 26 to 50% in some cases. You can find out about the incentives available to you in the table below.

Environmental Impact of Switching to Solar in Ashland

One of the most compelling reasons to adopt solar power is to cut your reliance on nonrenewable energy sources like burning fossil fuels, which are destructive for the environment. But how much can using solar energy instead of traditional energy actually affect the environment? Everyone can help save the planet by switching to solar energy, but homes that use a lot of energy will have a bigger impact. After you go solar, your carbon emissions can be cut by about 60 pounds each year. If you want to do what you can for the environment, you'll most likely recognize that there are many benefits of adopting solar power other than just saving money on electricity. You can also help protect the environment, which some would argue is priceless.