18 Best Solar Companies in Monroe, WI (Mar 2023 Review)

The Cost and Benefits of Solar in Monroe

For many people, the decision of which solar installer to choose depends on how much it'll cost. A few key factors that influence the cost of installing a solar panel system on your home and how much it could save you over time are:

• Choice of solar panels: The type of solar panels you need 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 opt for a higher number of more affordable panels.
• How much energy costs for you: If your local energy rates are quite high, there's a better chance you'll see a higher return on your investment in a solar panel system. In Monroe, you can save an average of $119 a month on your electricity bills.
• Electricity consumption: The average household in Monroe uses a decent amount of, and so may save on their energy bills.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you deduct 30% of your total installation cost, your state or local government may offer additional tax exemptions, credits or rebates that will help you save even more. Excluding incentives, you can save an average of $19,000 over 20 years with your solar panels, too.

Even though a solar panel system costs a sizable chunk of money upfront, it can save you much more over the lifespan of your panels. The question of how much, though, depends on a number of factors, such as the size of your solar panel system and your local electricity rates.

Solar Incentives in Monroe

Switching to solar power has a lot of considerable benefits. Not only can it help protect the Earth, but you can also save a good amount of money on your installation with various government incentives. There are several federal, state and local rebates and tax credits that earn some money back after buying a qualifying system. For detailed information about incentives for homeowners in Monroe, visit our our article on solar incentives.

Environmental Impact of Switching to Solar in Monroe

One reason so many people are considering adopting solar energy is to help reduce their environmental impact. A question many people might be wondering about is how much can they really help save the environment by switching to solar power anyway? For homeowners who are environmentally-conscious, using solar power is an easy choice, especially since Monroe produces a very high amount of carbon dioxide emissions from its energy generation. Because solar panels don't release carbon dioxide emissions into the atmosphere when generating electricity, they're a good swap for traditional energy sources. In fact, you could be looking at reducing your carbon dioxide emissions by about 100 pounds each year. If you want to do what you can for the environment, you'll likely get that there are many benefits of adopting solar power other than just saving money on electricity. You can also help protect the environment, which some would argue is worth more.