18 Best Solar Companies in Lake Ridge, VA (Sep 2022 Review)

The Cost and Benefits of Solar in Lake Ridge

We understand that for lots of homeowners, the choice to invest in solar depends on installation costs. The installation cost is just one important factor you should take into account when looking into installing solar panels. How much it'll cost and how much you can save depend on things including:

• Electricity consumption: The average home in Lake Ridge uses a lot of energy, and so may see more savings on electricity bills than other places.
• The model of solar panels you want: More high-tech panels are more highly priced, so that will shape your budget for your solar project.
• Incentives: Those who buy and install a solar energy system this year can save 30% of their total solar spend by taking advantage of the federal solar investment tax credit. You can also save about $18,000 on your energy bills over 20 years without incentives.
• The amount of sunlight your roof gets: If your rooftop gets limited direct sunlight, your solar panels won't be able to produce as much energy, which will give you lower savings on electricity bills than someone with a roof that gets plenty of sunlight.

So is a solar system worth it? Whether you want to reduce your electricity costs, carbon dioxide emissions or both, solar panels are a worthwhile investment for many Lake Ridge homeowners.

Solar Incentives in Lake Ridge

Although installing solar panels is typically a big investment, it can save you a substantial amount of money over time due to lower power bills and government incentives. In addition to the federal solar investment tax credit, there are also some local incentives, which in most cases, stack with the federal incentive, so you get to save even more. In the table below, you can see the incentives you qualify for in your area.

Environmental Impact of Switching to Solar in Lake Ridge

If you're thinking of adding solar panels to your home, one of the major reasons why may be to reduce your reliance on nonrenewable energy. But — how much exactly can you help the environment by using solar power? In a city like Lake Ridge where energy use is particularly high, switching to solar energy is a fantastic idea for homeowners who are worried about the state of the planet. In Lake Ridge, the average person can lower their carbon footprint by 60 pounds a year once they go solar. If you want to do your part for the environment, you'll no doubt recognize that there are many benefits of adopting solar energy other than just saving money on electricity. You can also help protect the environment, which some would argue is priceless.