18 Best Solar Companies in Bull Run, VA (Mar 2023 Review)

The Cost and Benefits of Solar in Bull Run

For most homeowners, whether or not you should invest in solar panels depends the most on the cost. The overall price and potential savings vary depending on a few important factors such as:

• Incentives: The federal solar investment tax credit currently lets you reduce your taxes by 30% of the project cost. Your state and city may also have incentives and rebates that you can take advantage of. Plus, you can save about $16,000 over 20 years on your utility bills, before factoring in incentives.
• Choice of solar panels: The type of solar panels you want will affect your total cost. High-efficiency monocrystalline panels will cost more upfront but can also lead to more savings over the lifetime of your system. If you don't need to maximize efficiency, you can opt for a higher number of more affordable panels.
• Average daily sunlight: Since Bull Run gets a decent amount of average daily sunlight, your solar panels can generally produce enough energy to power your whole home, which affects how much your electricity bills will be.
• How much energy costs for you: If your local utility rates are quite high, there's a better chance you'll get a higher return on your investment in a solar panel system. In Bull Run, you can save an average of $115 a month on your electricity bills.

So is buying solar panels worth it? Whether you're trying to lower your electric bills, carbon dioxide emissions or both, solar panels are a great investment for many Bull Run homeowners.

Solar Incentives in Bull Run

If you're considering making the switch to solar energy, several government incentives and tax credits can immensely reduce the cost of the project and speed up the return on your investment. When you install solar panels on your house, you become eligible to claim the federal tax credit, or ITC. This credit currently lets you lower your tax bill by 30% of the cost of your solar panels. Plus, there are often some state and city incentives that you can take advantage of to further cut back on the cost of solar of solar panels. Take a look at our article on solar incentives to see what incentives you can take advantage of.

Environmental Impact of Switching to Solar in Bull Run

Replacing nonrenewable energy with solar power is a powerful way to do what you can for a cleaner and more sustainable future. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Bull Run, though. The amount of energy you use is an important factor to keep in mind. The more energy you use, the greater your impact when you go solar. In fact, if you adopt solar power, you could expect to reduce your carbon dioxide emissions by about 60 pounds each year. As you can see, investing in solar has so many other rewards apart from saving money. One of the primary ones is that you can help save the Earth too.