14 Best Solar Companies in French Island, WI (Feb 2023 Review)

The Cost and Benefits of Solar in French Island

While solar panels can save you money on energy bills over time, it's necessary to take into consideration the startup costs. The cost and possible savings vary depending on a few important factors such as:

• Incentives: The federal solar investment tax credit currently lets you decrease your taxes by 30% of the project cost. Your state and even local utility companies may also have incentives and rebates that you can take advantage of. In addition, you can save about $19,000 over 20 years on your utility bills, before factoring in incentives.
• Your current energy bills: Solar panels can dramatically reduce, or totally eradicate, your utility bills. In French Island, you can save an average of $121 a month.
• Where your home is: This affects how much sunlight your roof gets, which helps determine how many panels you need.
• System size and type: Some models are more pricy than others, so the one you want to get can raise or lower your upfront cost. Plus, the more solar panels you need to buy, the more it'll cost.

There are several wonderful benefits of solar despite the upfront cost of installation. It can help the environment and your bank account. In addition, it can boost the value of your home, leading to even more benefits if you want to sell your home later.

Solar Incentives in French Island

There are several reasons why going solar is a great investment. One of them includes some government incentives you can take advantage of. Regardless of where you live, you can take advantage of the federal Solar Investment Tax Credit (ITC), which lets you claim 30% of how much your solar project cost on your tax return, reducing the amount of taxes you owe that year. Plus, there may be some local incentives that can save you some extra money too. In our article on solar incentives, you can find out about the incentives you qualify for near you.

Environmental Impact of Switching to Solar in French Island

Installing solar panels can have a meaningful impact on the environment. You may be wondering — how much do solar panels do for the planet anyway? How much energy you use is an important factor to keep in mind. The more electricity your household consumes, the larger your impact when you make the switch to solar power. Because solar panels don't release CO2 emissions into the atmosphere when creating electricity, they're a good trade for traditional energy sources. In fact, you could lower your carbon dioxide emissions by about 90 pounds each year. If you care about the environment, you'll most likely find that there are many good things about adopting solar power other than just saving money on electricity. You can also help protect the environment, which some would argue is worth more.