18 Best Solar Companies in Colonial Beach, VA (Feb 2023 Review)

The Cost and Benefits of Solar in Colonial Beach

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

• Energy consumption: Installing solar panels may be a high-cost option for households that don't consume a good amount of energy per month.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you receive a tax credit curretnly 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. Aside from incentives, you can save an average of $19,000 over the first 20 years with your solar panels, too.
• The amount of sunlight your rooftop gets: Thanks to Colonial Beach's high amount of average daily sunlight, you should be able to save a decent amount on your electric bills.
• The kind of solar panel system you can afford: This depends on your income and budget.

As a result of solar panels now being cheaper than ever as well as various solar incentives, they are a solid investment for most homeowners.

Solar Incentives in Colonial Beach

In an effort to increase the adoption of solar power, incentives are offered by the government — and even some utility companies — to help make going solar more economically viable and accessible. When you install solar panels on your house, you can take advatage of the federal tax credit, or ITC. This credit currently lowers your tax bill by 30% of the cost of your solar panels. Plus, there are often some state and city incentives that you can use to further cut back on the cost of solar of solar panels. In our article on solar incentives, you can see the incentives you qualify for in Colonial Beach.

Environmental Impact of Switching to Solar in Colonial Beach

There are lots of reasons to switch to solar energy, like saving on utility bills and helping to reduce your carbon footprint. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Colonial Beach, though. If your home uses a lot of energy, you can impact the environment even more by switching to solar power. In fact, if you install solar panels, you could reduce your carbon dioxide emissions by about 60 pounds each year. Since energy from the sun is renewable and makes electricity without releasing carbon emissions, making the switch to solar power is one easy step you can take to help the planet.