17 Best Solar Companies in Fox Point, WI (Jan 2023 Review)

The Cost and Benefits of Solar in Fox Point

The cost of putting up solar panels has decreased immensely over the past few years, but it's still a large investment for most homeowners. The installation cost is just one important factor you should keep in mind when looking into installing solar panels. How much it'll cost and how much you can save depend on things including:

• Electricity consumption: The average home in Fox Point uses a decent amount of, and consequently may save on their energy bills.
• Choice of solar panels: The type of solar panels you are interested in getting will affect your total cost. High-efficiency monocrystalline panels will cost more upfront but can also save you more money over the lifetime of your system. If you don't need to maximize efficiency, you can opt for a higher number of more affordable panels.
• Incentives: The federal solar investment tax credit, which everyone qualifies for, allows you to deduct 30% of the cost of installing your solar panel system from your federal taxes. Plus, not including incentives, you can save about $23,000 over 20 years on your energy bills.
• Your household's power bills: Due to very high monthly electricity bills in Fox Point, you could save about $1,600 a year with solar.

There are lots of great benefits of solar despite the initial cost of installation. It can help the environment and your wallet. Plus, it can raise the value of your home, giving you even more benefits if you decide to sell your home later.

Solar Incentives in Fox Point

Because solar power is more sustainable than fossil fuels, there are quite a few government incentives in place to encourage people to make the switch. On top of the federal solar investment tax credit, there are also some local incentives, which in most cases, stack with the federal incentive, so you get to save even more. You can find out about the incentives you can use in our article on solar incentives

Environmental Impact of Switching to Solar in Fox Point

Making the switch to solar power is a great way to do your part for a more environmentally-friendly future. You may be asking yourself — how much does going solar do for the planet anyway? No matter where you are, you can help the planet by switching to solar energy, but homes that use a lot of energy will have a bigger impact. In fact, if you adopt solar power, you could expect to reduce your carbon dioxide emissions by about 90 pounds each year. Since solar energy is plentiful and makes electricity without a carbon footprint, making the switch to solar power is one easy step you can take to help preserve the environment.