17 Best Solar Companies in Wytheville, VA (Jan 2023 Review)

The Cost and Benefits of Solar in Wytheville

For many homeowners, whether or not to invest in solar panels comes down to the cost. There are quite a few factors you should consider when determining how much it will cost and how much you can save, such as:

• The amount of sunlight your roof gets: If your roof doesn't get a lot of direct sunlight, your solar panel system won't be able to produce as much energy, which will leave you with lower savings on electricity bills than a house with a roof that gets plenty of sunlight.
• Your energy consumption: If your family regularly uses a lot of energy, you'll benefit more from switching to solar.
• System size and type: Some models are more pricy than others, so the one you decide on can raise or lower your initial investment. Plus, the more solar panels you need to buy, the more it'll cost.
• Incentives: One thing that can save you money on your solar project 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 on your power bills, which can lead to an average of $17,000 of savings over 20 years.

There are several great benefits of solar despite the upfront cost of installation. It can help the Earth and your finances. In addition, it can increase the value of your home, giving you even more benefits if you want to sell your home later.

Solar Incentives in Wytheville

If you're planning on switching to solar energy, various government incentives and state programs can drastically reduce your project costs and speed up the return on your investment. When you install solar panels on your home, you can claim the federal tax credit, or ITC. This credit currently lets you lower your tax bill by 30% of the cost of your solar panels. Plus, there may often be some local incentives that you can use to further cut back on the cost of solar of solar panels. Our article on solar incentives has more information on the incentives you can benefit from in Wytheville.

Environmental Impact of Switching to Solar in Wytheville

There are many reasons to switch to solar energy, like saving money on utility bills and helping to lower your carbon footprint. But how much can installing solar panels actually affect the environment? For those who want to help cut back on greenhouse gas emissions, using solar power is a straightforward choice, especially since Wytheville produces a high amount of carbon dioxide emissions from its energy generation. Though solar panel production emits carbon dioxide, the panels make up for it by greatly lowering the amount of CO2 you would have produced if you still used traditional energy. In Wytheville, you can reduce your carbon footprint by 90 pounds a year with solar panels. For those who are worried about the environment, the upfront cost of solar is a small price to pay for reducing your carbon footprint.