13 Best Solar Companies in Milton, WI (Feb 2023 Review)

The Cost and Benefits of Solar in Milton

For most homeowners, whether or not you should invest in solar energy comes down to the cost. Some key things that determine the cost and possible savings include:

• Incentives: Tax-paying citizens who install a solar system this year can save 30% of their installation costs by using the federal solar investment tax credit. You can also save about $20,000 on your energy bills over 20 years not including incentives.
• How much energy costs for you: If your local electricity rates are especially high, there's a good chance you'll end up with a higher return on your investment in a solar panel system. In Milton, you can save an average of $124 a month on your electricity bills.
• Choice of solar panels: The type of solar panels you choose will affect your total cost. High-efficiency monocrystalline panels will cost more upfront but can also save you more money over the lifetime of your system. If space isn't a constraint for your project, you can go with a higher number of more affordable panels.
• Energy consumption: Installing a solar system may be too pricey an option for households that don't need a good amount of energy per month.

Solar is a worthwhile investment for most homeowners. You can make your own electricity instead of paying for it from the grid and take advantage of solar incentives and rebates, all while helping preserve the Earth.

Solar Incentives in Milton

If you're planning on making the switch to solar power, various government incentives and tax credits can immensely bring down your project costs and expedite the return on your investment. Regardless of what state you live in, you can take advantage of the federal Solar Investment Tax Credit (ITC), which will allow you to claim 30% of how much your solar project cost when you file taxes, reducing the amount of taxes you owe that year. Plus, there may be some local incentives you can benefit from too. In our article on solar incentives, you can read about the incentives you qualify for in your area.

Environmental Impact of Switching to Solar in Milton

A lot of people want to do their part to help protect the planet, which for many is the chief motivation to install solar panels. But — how much exactly can you help by using solar power? The more power your house uses, the the more the environment will benefit if you switch to solar as you won't need to use as much nonrenewable energy. In fact, if you install solar panels, you could lower your carbon dioxide emissions by about 100 pounds each year. For homeowners who care about the environment, the upfront cost of solar is a small price to pay for the offset carbon emissions.