13 Best Solar Companies in Hudson, WI (Oct 2022 Review)

The Cost and Benefits of Solar in Hudson

Solar panels run off a free energy source — the sun — but before you can take advantage of this you first need to pay to install your system. The installation cost is just one important factor you should take into account when looking into installing solar panels. How much it'll cost and how much you can save depend on things such as:

• The cost of energy for you: If your local electricity rates are quite high, there's a good chance you'll have a higher return on your investment in a solar system. In Hudson, you can save an average of $115 a month on your electricity bills.
• Energy consumption: Solar may be too pricey an investment for families that don't use too much energy a month.
• The type and model of solar panels you want to get: More efficient models cost more, so that will shape your budget for your solar project.
• Incentives: The federal solar investment tax credit currently allows you to reduce your taxes by 30% of the project cost. Your state and even local utility companies may also have various incentives that you can use. In addition, you can save about $18,000 over 20 years on your utility bills, without incentives.

Solar is a worthwhile investment for most homeowners. You can produce your own energy instead of paying for it from a utility company and take advantage of solar tax credits and rebates, all while helping the planet.

Solar Incentives in Hudson

Because solar power is a cleaner source of energy than burning fossil fuels, there are several government incentives in place to encourage people to make the switch. You are eligible for the federal solar investment tax credit (ITC) for the tax year you turn on your solar panels. You can also possibly use the ITC with other local rebates and benefits. For more information about incentives that apply to you, check out our our article on solar incentives.

Environmental Impact of Switching to Solar in Hudson

Many want to do their part to help protect the environment, which often is the main reason for installing solar panels. You may be wondering — how much does going solar help the planet anyway? Regardless of your location, you can help protect the planet by switching to solar energy, but homes that use more energy will have a greater impact. In fact, if you install solar panels, you could reduce your carbon dioxide emissions by about 90 pounds each year. Since energy from the sun is abundant and produces electricity without CO2 emissions, making the switch to solar power is one easy step you can take to help preserve the environment.