17 Best Solar Companies in Chester, VA (Jan 2023 Review)

The Cost and Benefits of Solar in Chester

For most homeowners, the decision to invest in a solar energy system comes down to the cost. Some important factors that influence the cost of installing solar panels on your home and how much money you could save over time include:

• Incentives: The federal solar investment tax credit, which everyone qualifies for, lets you deduct 30% of the cost of installing your solar panel system from your taxes. In addition, not including incentives, you can save about $18,000 over 20 years on your energy bills.
• Choice of solar panels: The kind of solar panels you choose 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 space isn't a constraint for your project, you can go with a higher number of more affordable panels.
• Average daily sunlight: Since Chester 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 you can save on your energy bills.
• How much energy you use: If your household needs to use a lot of energy, you'll reap more rewards from switching to solar.

There are several good benefits of solar in spite of the upfront cost of installation. It can help the Earth and your wallet. Additionally, it can increase the value of your home, giving you even more benefits if you choose to sell your home later.

Solar Incentives in Chester

Although a solar power system is typically a large investment, it can save you a substantial amount of money in the long term due to smaller power bills and government incentives. You qualify for the federal solar investment tax credit (ITC) for the tax year you turn on your a solar system. You can also possibly use the ITC with other state and city incentives. You can find out about the incentives available to you in our article on solar incentives

Environmental Impact of Switching to Solar in Chester

There are a few primary reasons why homeowners are interested in solar energy: to put more money in their bank account and to help the planet. But how much can installing solar panels actually help the environment? If your household consumes a lot of energy, you can help the environment even more by switching to solar power. Because solar panels don't release CO2 emissions into the atmosphere when generating electricity, they're a good swap for traditional energy sources. In fact, you could be looking at reducing your carbon dioxide emissions by about 60 pounds each year. If you want to do your part for the environment, you'll no doubt get 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 priceless.