11 Best Solar Companies in Huntington, VA (2023 Reviews)

The Cost and Benefits of Solar in Huntington

Even though solar panels can help save you a good amount of money on electricity bills over time, it's necessary to take into consideration the startup costs. The installation cost is just one important factor you should keep in mind when looking into getting solar panels. How much it'll cost and how much you can save depend on things including:

• Your energy bills: This will affect how much you can save. In Huntington, the average homeowner can save about $1,400 a year on their electricity bills.
• The type of solar panels you want to get: Some are more costly, so that will affect your budget for your solar project.
• How much power your home consumes: Homes that consume a lot of energy each month may call for more solar panels and, therefore, be more costly, but will also benefit more over time.
• Incentives: Those who buy and install a solar system this year can save 30% of their solar installation costs by taking advantage of the federal solar investment tax credit. You can also save about $17,000 on your utility bills over 20 years not including incentives.

Although a solar panel system costs a good chunk of money upfront, it can save you much more in the long term. The question of how much, though, depends on a number of factors, like the amount of daily direct sunlight available and incentives.

Solar Incentives in Huntington

To increase the adoption of solar power, incentives are offered by the government — and even some utility companies — to help make solar power more affordable and accessible. When you install solar panels on your home, you can claim the federal tax credit, or ITC. This credit currently lowers your tax bill by 30% of the cost of your solar panels. Additionally, there may often be some local incentives that you can take advantage of to further save. Our article on solar incentives has more information on the incentives you can find in Huntington.

Environmental Impact of Switching to Solar in Huntington

There are lots of reasons to make the switch to solar energy, like saving money on utility bills and helping to lower your carbon footprint. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Huntington, though. The more energy your house uses, the the more the environment will benefit if you switch to solar as you won't need to rely on traditional energy sources as much. Once you go solar, your carbon dioxide emissions can be lowered by about 60 pounds every year. If you care about the environment, you'll likely get that there are many good things about adopting solar power other than just saving money on bills. You can also help protect the environment, which some would argue is invaluable.