11 Best Solar Companies in Elkhorn, WI (Mar 2023 Review)

The Cost and Benefits of Solar in Elkhorn

We know that for most homeowners, the choice to invest in solar hinges on installation costs. A few important factors that affect the cost of installing a solar panel system on your home and how much money you could save over time include:

• System size and type: Some models are more pricy than others, so the one you decide on can raise or lower your upfront cost. Plus, the more solar panels you need to get, the more it'll cost.
• Incentives: The federal solar investment tax credit currently allows you to lower your taxes by 30% of the project cost. Your state and city may also have various incentives that you can take advantage of. Plus, you can save about $19,000 over 20 years on your utility bills, not including incentives.
• Average daily sunlight: Since Elkhorn gets a decent amount of average daily sunlight, your solar panels can generally generate enough energy to power your whole home, which influences how much your electricity bills will be.
• Your current electric bills: Solar panels can dramatically decrease, or totally eliminate, your utility bills. In Elkhorn, you can save an average of $118 a month.

Even though a solar panel system costs a sizable chunk of money upfront, it can save you a considerable amount in the long term. The question of how much, though, depends on several factors, including the amount of daily direct sunlight available and your energy consumption.

Solar Incentives in Elkhorn

Switching to solar power has plenty of considerable benefits. Not only can it help preserve the planet, but you can also save a good amount of money on your installation with various government incentives. You are eligible for the federal solar investment tax credit (ITC) for the tax year you turn on your a solar panel system. You can also possibly stack the ITC with other local rebates and benefits. You can find out about the incentives you can use in our article on solar incentives

Environmental Impact of Switching to Solar in Elkhorn

One of the best reasons to tap into solar energy is to decrease your reliance on nonrenewable energy sources like burning fossil fuels, which are hazardous for the environment. Something many might have in mind is how much can they really help preserve the environment by going solar anyway? The more energy your house uses, the better off the planet will be when you switch to solar since you won't have to rely on traditional energy sources as much. If you go solar, your carbon footprint can be cut by about 90 pounds a year. As you can see, using solar power has so many other perks besides saving money. One of the primary ones is that you can help save the planet too.