13 Best Solar Companies in Grafton, WI (Mar 2023 Review)

The Cost and Benefits of Solar in Grafton

The cost of putting up a solar panel system has gone down greatly over the past few years, but it's still a large investment for most homeowners. There are a few factors you should take into consideration when trying to determine costs and your potential savings, such as:

• How much energy your home consumes: Households that use a lot of power each month may call for more solar panels and, therefore, more upfront cost, but will also save more on their energy bills over time.
• The model of solar panels you're thinking of getting: Some have higher prices, so that will influence your budget for your solar project.
• Incentives: Those who purchase and install a solar system this year can save 30% of their total solar spend by using the federal solar investment tax credit. You can also save about $21,000 on your electricity bills over 20 years without incentives.
• Your home's power bills: Due to very high monthly energy bills in Grafton, you could save about $1,500 a year with solar.

Although a solar panel system costs a decent chunk of money upfront, it can save you thousands of dollars over the lifespan of your panels. The question of how much, though, depends on a number of factors, like the size of your house and your local electricity rates.

Solar Incentives in Grafton

Adopting solar power has plenty of wonderful benefits. Not only can it help protect the planet, but you can also save a decent amount of money on your installation with various government incentives. Local solar incentive programs depend on the location and, sometimes, utility company. Many states offer rebates for solar panels, in addition to the federal solar tax credit. Our article on solar incentives goes over more information on the incentives you can take advantage of in Grafton.

Environmental Impact of Switching to Solar in Grafton

There are lots of reasons to trade traditional energy for solar energy, like saving money on electricity bills and helping to lower your carbon footprint. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Grafton, though. The more power your family uses, the the more the environment will benefit when you switch to solar as you won't need to use as much nonrenewable energy. In fact, if you adopt solar power, you could be looking at reducing your carbon dioxide emissions by about 90 pounds each year. As you can see, investing in solar has so many other benefits apart from saving money. One of the most important ones is that you can help save the environment too.