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

The Cost and Benefits of Solar in Fulton

We understand that for lots of homeowners, the choice to invest in solar hinges on installation costs. Some significant things that determine the cost and possible savings include:

• Energy consumption: Solar may be an expensive option for families that don't use too much energy each month.
• How much energy costs for you: The average household in Fulton shells out around $1,400 a year on energy use alone, so you could be looking at that much in savings.
• Incentives: The federal solar investment tax credit, which can save you some money, lets you deduct 30% of the cost of installing your solar panel system from your taxes. Plus, not including incentives, you can save about $19,000 over 20 years on your energy bills.
• System size and type: Some models are more pricy than others, so the one you choose can raise or lower your upfront cost. Plus, the more solar panels you need to get, the more it'll cost.

There are several wonderful benefits of solar in spite of the upfront cost of installation. It can help the Earth and your bank account. Plus, it can boost the value of your home, leading to even more benefits if you choose to sell your home later.

Solar Incentives in Fulton

Although installing solar panels is typically a $15,000 to $25,000 investment, it can save you a substantial amount of money over several years due to reduced energy bills and government incentives. When you install solar panels, you become eligible to 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. In addition, there may often be some local incentives that you can benefit from to further cut back on the cost of solar of solar panels. Take a look at our article on solar incentives to find out what incentives you can take advantage of.

Environmental Impact of Switching to Solar in Fulton

Lots of people want to do their part to help save the environment, which in many cases is the prime motivation to install a solar system. But you may be curious — how much exactly can you help by going solar? In a city like Fulton where energy use is rather high, going solar is a fantastic plan for homeowners who are eco-conscious. After you go solar, your carbon emissions can be lowered by about 100 pounds a year. If you care about the environment, you'll no doubt find that there are many benefits of adopting solar energy other than just saving money on bills. You can also help protect the environment, which some would argue is worth more.