12 Best Solar Companies in Fredericksburg, VA (Mar 2023 Review)

The Cost and Benefits of Solar in Fredericksburg

The cost of putting up solar panels has decreased significantly over the past few years, but it's still a substantial investment for most homeowners. The installation cost is just one important factor you should bear in mind when looking into installing solar panels. How much it'll cost and how much you can save depend on things including:

• Your current power bills: Solar panels can noticeably decrease, or entirely eliminate, your utility bills. In Fredericksburg, you can save an average of $122 a month.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you receive a tax credit curretnly worth 30% of your total installation cost, your state or 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 $17,000 over 20 years with your system, too.
• Choice of solar panels: The kind of solar panels you are interested in getting will affect your total cost. High-efficiency monocrystalline panels are more expensive upfront but can also save you more money 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 Fredericksburg gets a decent amount of average daily sunlight, your solar panels can generally generate enough energy to power your whole home, which influences how much your solar panels can save you on your electricity bills.

Solar is a fruitful investment for most homeowners. You can produce your own power instead of paying for it from a utility company and take advantage of solar tax credits and rebates, all while helping preserve the planet.

Solar Incentives in Fredericksburg

Although solar power is typically a $15,000 to $25,000 investment, it can save you a lot of money over several years due to smaller power bills and government incentives. Regardless of what state you live in, you can take advantage of the federal Solar Investment Tax Credit (ITC), which lets you claim 30% of your project costs on your tax return, lowering the amount of taxes you owe that year. Plus, there may be some local incentives that stack with the ITC too. You can find out about the incentives you can take advantage of in our article on solar incentives

Environmental Impact of Switching to Solar in Fredericksburg

Swapping traditional energy for solar is a great way to do your part for a more environmentally-friendly future. But — how much exactly can you help the environment by using solar power? If your home consumes a lot of energy, you can impact the environment even more by switching to solar energy. After you go solar, your carbon emissions can be reduced by about 60 pounds a year. Since solar power is plentiful and makes electricity without CO2 emissions, making the switch to solar power is one easy step you can take to help protect the environment.