15 Best Solar Companies in Kingstowne, VA (Mar 2023 Review)

The Cost and Benefits of Solar in Kingstowne

The cost of installing solar panels has dropped immensely over the past several years, but it's still a large investment for most homeowners. The cost and possible savings vary depending on some important factors such as:

• How much power your household needs: If your home uses a lot of energy, you'll reap more rewards from switching to solar.
• Your income and budget: This shapes what kind of solar panels you can get.
• How much energy costs for you: The typical household in Kingstowne spends around $1,400 a year on energy alone, so you could end up with that much in savings.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which gives you a tax credit currently 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. Not including incentives, you can save an average of $17,000 over the first 20 years with your solar panels, too.

Although a solar panel system costs a decent chunk of money upfront, it can save you thousands of dollars over time. The question of how much, though, depends on several factors, like the size of your solar panel system and your energy consumption.

Solar Incentives in Kingstowne

There are several reasons why adopting solar power is beneficial. One of them consists of some government incentives you can take advantage of. Regardless of where you live, you can take advantage of the federal Solar Investment Tax Credit (ITC), which lets you claim 30% of how much your solar project cost on your tax return, lowering the amount of taxes you owe that year. Plus, there may be some local incentives that can save you some extra money too. Our article on solar incentives goes over more in-depth information on the incentives you can take advantage of in Kingstowne.

Environmental Impact of Switching to Solar in Kingstowne

There are a few primary reasons why homeowners are interested in solar energy: to help their wallet and the environment. But you may be curious — how much exactly can you help the planet by making the switch to solar? The more energy your family uses, the better off the planet will be from you switching to solar as you won't need to use as much nonrenewable energy. In fact, if you adopt solar power, you could expect to reduce your carbon dioxide emissions by about 60 pounds each year. Since energy from the sun is renewable and produces electricity without a carbon footprint, adding solar panels to your home is one easy step you can take to help the environment.