18 Best Solar Companies in Woodlake, VA (Mar 2023 Review)

The Cost and Benefits of Solar in Woodlake

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

• Incentives: The federal solar investment tax credit currently lets you reduce your taxes by 30% of the project cost. Your state and city may also have various incentives that you can benefit from. Plus, you can save about $19,000 over 20 years on your utility bills, without incentives.
• Choice of solar panels: The kind of solar panels you buy will affect your total cost. High-efficiency monocrystalline panels are more expensive upfront but can also save you more money over the lifetime of your system. If space isn't a constraint for your project, you can opt for a higher number of more affordable panels.
• How much sunlight your roof gets: This, and your roof configuration, affects affect how much energy your solar panels can produce.
• Your current electric bills: Solar panels can significantly lower, or entirely get rid of, your utility bills. In Woodlake, you can save an average of $128 a month.

Although a solar panel system costs a decent 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, such as the size of your house and your current power bills.

Solar Incentives in Woodlake

Although installing solar panels is typically a $15,000 to $25,000 investment, it can save you a considerable amount of money over many years due to reduced energy bills and government incentives. Local solar incentives depend on the location and, sometimes, utility company. Many states offer rebates for solar power, in addition to the federal solar tax credit. In our article on solar incentives, you can find out about the incentives you qualify for in Woodlake.

Environmental Impact of Switching to Solar in Woodlake

There are a few main reasons why many people are interested in solar energy: to help their wallet and the environment. A question many might be asking themselves is how much can they really help protect the environment by switching to solar power anyway? In a city like Woodlake where energy use is particularly high, installing solar panels is a fantastic idea for households who are eco-conscious. Because solar panels don't release CO2 emissions into the atmosphere when creating electricity, they're a good swap for traditional energy sources. In fact, you could expect to reduce your carbon dioxide emissions by about 60 pounds each year. Since solar power is renewable and generates electricity without a carbon footprint, installing solar panels is one easy step you can take to help protect the planet.