18 Best Solar Companies in Groveton, VA (Jan 2023 Review)

The Cost and Benefits of Solar in Groveton

Solar panels run off a free energy source — the sun — but before you can take advantage of this you will first need to pay to set up your system. Some important factors that dictate how much it will cost to install a solar panel system on your home and how much money you could save over time include:

• Incentives: The federal solar investment tax credit, which everyone in the U.S. is eligible for, allows you to deduct 30% of the cost of installing your solar panel system from your federal taxes. Additionally, not including incentives, you can save about $17,000 over 20 years on your energy bills.
• Your location: This influences how much sunlight your roof receives, which helps determine how many panels you need.
• Your current electric bills: Solar panels can dramatically decrease, or totally get rid of, your utility bills. In Groveton, you can save an average of $121 a month.
• System size and type: Some models are more expensive than others, so the one you want can raise or lower your initial investment. Plus, the more solar panels you need to get, the more it'll cost.

Even though a solar panel system costs a decent chunk of money upfront, it can save you a considerable amount in the long term. The question of how much, though, depends on a number of factors, such as the size of your solar panel system and your local electricity rates.

Solar Incentives in Groveton

Adopting solar power has plenty of considerable benefits. Not only can it help preserve the environment, but you can also save a decent amount of money on your installation with various government incentives. You qualify for the federal solar investment tax credit (ITC) for the tax year you turn on your a solar panel system. You can also potentially pair the ITC with other state and city rebates and benefits. 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 Groveton

A lot of people want to do their part to help protect the environment, which often is the main motivation to install a solar system. A question many people might be wondering about is how much can they really help protect the environment by switching to solar power anyway? For homeowners who want to help preserve the planet, switching to solar power is a no-brainer, especially since Groveton produces a high amount of carbon dioxide emissions from its energy generation. In fact, if you install solar panels, you could be looking at reducing your carbon dioxide emissions by about 60 pounds each year. The advantages of solar power are plentiful — just like solar power is! That's why so many people have been happy with making the switch to solar.