16 Best Solar Companies in Lincolnia, VA (Mar 2023 Review)

The Cost and Benefits of Solar in Lincolnia

When choosing a solar company, most homeowners or business owners care about the costs the most. There are a few factors you should consider when trying to determine costs and your potential savings, such as:

• Incentives: One thing that can make your solar project cost less is the solar investment tax credit (ITC), which is a tax credit that's equal to a percentage of the project cost. You can also save money on your utility bills, which can lead to an average of $17,000 of savings over 20 years.
• Your home's power bills: Because of very high monthly energy bills in Lincolnia, you could save about $1,400 a year with solar.
• Your income and budget: This affects what model of solar panels you can purchase.
• Electricity consumption: The average household in Lincolnia uses a lot of energy, and consequently may see more savings on electricity bills than other places.

As a result of solar panels now being cheaper than ever as well as various solar incentives, they are a worthwhile investment for the majority of homeowners.

Solar Incentives in Lincolnia

One of the good things about installing a solar panel system is earning government incentives. No matter 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. Our article on solar incentives has more in-depth information on the incentives you can find in Lincolnia.

Environmental Impact of Switching to Solar in Lincolnia

Installing solar panels can have a meaningful effect on the environment. But you may be curious — how much exactly can you help the planet by using solar power? One thing to consider is your overall carbon footprint. For example, if you have a long commute time and have an electric vehicle, you can use solar energy for your home to power your EV and therefore help offset your carbon emissions. Because solar panels don't release carbon dioxide emissions into the atmosphere when creating electricity, they're a good substitute for nonrenewable energy sources. In fact, you could expect to reduce your carbon dioxide emissions by about 60 pounds each year. As you can see, trading traditional energy for solar has so many other perks besides saving money. One of the most important ones is that you can help save the Earth too.