11 Best Solar Companies in Norfolk, VA (Mar 2023 Review)

The Cost and Benefits of Solar in Norfolk

We understand that for many homeowners, the decision to invest in solar hinges on installation costs. Some significant things that determine the cost and possible savings include:

• The cost of energy for you: If your local utility rates are especially high, there's a better chance you'll get a higher return on your investment in solar panels. In Norfolk, you can save an average of $121 a month on your electricity bills.
• Average daily sunlight: Since Norfolk gets lots of sunlight, your solar panel system will most likely be able to generate enough energy to power your whole home, which impacts how much your electricity bills will be.
• Incentives: The federal solar investment tax credit, which everyone qualifies for, lets you deduct 30% of the cost of installing your solar panel system from your taxes. Plus, not including incentives, you can save about $19,000 over 20 years on your energy bills.
• Your energy consumption: If your household uses a lot of energy, you'll reap more rewards from switching to solar.

Even though a solar panel system costs a good chunk of money upfront, it can save you a considerable amount over the lifespan of your panels. 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 Norfolk

Switching to solar power has many great benefits. Not only can it help preserve the Earth, but you can also save a decent amount of money on your installation with various government incentives. Local solar incentive programs depend on the location and, sometimes, utility company. A lot of states offer rebates for solar power systems, in addition to the federal solar tax credit. For comprehensive information about incentives for homeowners in Norfolk, visit our our article on solar incentives.

Environmental Impact of Switching to Solar in Norfolk

One of the most compelling reasons to tap into solar energy is to cut your reliance on traditional energy sources like burning fossil fuels, which are damaging for the environment. A question many might be wondering about is how much can they really help the environment by going solar anyway? The more power you use, the better off the planet will be from you switching to solar since you won't need to use as much nonrenewable energy. In fact, if you adopt solar power, you could reduce your carbon dioxide emissions by about 60 pounds each year. As you can see, investing in solar has so many other perks apart from saving money. One of the primary ones is that you can help save the environment too.