14 Best Solar Companies in Mcfarland, WI (2023 Reviews)

The Cost and Benefits of Solar in Mcfarland

For many homeowners, the decision to invest in solar energy comes down to the cost. The installation cost is just one important factor you should consider when looking into getting solar panels. How much it'll cost and how much you can save depend on things including:

• System size and type: Some models are more expensive than others, so the one you want can raise or lower your initial investment. Plus, the more solar panels you need to get, the more it'll cost.
• How much energy costs for you: The average family in Mcfarland spends around $1,600 a year on energy use alone, so you could be looking at that much in savings.
• The amount of sunlight your area gets: Thanks to Mcfarland's relatively low amount of average daily sunlight, you might not see as many savings on your power bills.
• Incentives: One thing that can make your solar project cost less is the solar investment tax credit (ITC), which is a tax credit that lets you deduct from your taxes a percentage of the project cost. You can also save a decent amount of money on your utility bills, which can result in an average of $21,000 of savings over 20 years.

Though a solar panel system costs a good chunk of money upfront, it can save you thousands of dollars over time. The question of how much, though, depends on several factors, like the amount of daily direct sunlight available and your energy consumption.

Solar Incentives in Mcfarland

Adopting solar power has lots of considerable benefits. Not only can it help preserve the environment, but you can also save a decent amount of money on your installation with various government incentives. These incentives mostly take the form of cash rebates, tax benefits and/or solar renewable energy credits. They can cut the cost you pay for going solar by 30%, upwards of 50% depending on where you live. For detailed information about local incentives, check out our our article on solar incentives.

Environmental Impact of Switching to Solar in Mcfarland

Many want to do what they can to help the environment, which in many cases is the chief motivation to install solar panels. But you may be wondering — how much exactly can you help by making the switch to solar? Regardless of your location, you can help save the planet by switching to solar energy, but homes that use lots of energy will have an even bigger impact. When you go solar, your carbon dioxide emissions can be cut by about 100 pounds a year. Since energy from the sun is plentiful and produces electricity without CO2 emissions, adding solar panels to your home is one easy step you can take to help the planet.