12 Best Solar Companies in Prescott, WI (Mar 2023 Review)

The Cost and Benefits of Solar in Prescott

When choosing a solar company, most homeowners or business owners worry about the costs the most. The installation cost is just one important factor you should keep in mind when looking into getting solar panels. How much it'll cost and how much you can save depend on things including:

• The make and model of solar panels you're planning on getting: More efficient panels have higher prices, so that will determine your budget for your solar project.
• Your current energy bills: Solar panels can dramatically decrease, or entirely eliminate, your utility bills. In Prescott, you can save an average of $121 a month.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you deduct 30% of your overall installation cost, your 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 system, too.
• Average daily sunlight: Since Prescott doesn't get a lot of average daily sunlight, your solar system may not be able to generate enough energy to power your whole home, which impacts how much your electricity bills will be.

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 several factors, like the size of your solar panel system and your current power bills.

Solar Incentives in Prescott

Adopting solar power has many considerable benefits. Not only can it help protect the environment, but you can also save a good amount of money on your installation with various government incentives. You can qualify for the federal solar investment tax credit (ITC) for the tax year you turn on your solar panels. You can also potentially pair the ITC with other local rebates and benefits. For more information about incentives that apply to you, visit our our article on solar incentives.

Environmental Impact of Switching to Solar in Prescott

Lots of people want to do what they can for the environment, which for many is the chief motivation to install a solar system. You may be asking yourself — how much do solar panels help the planet anyway? Everyone can help protect the environment by switching to solar energy, but homes that consume more energy will have an even greater impact. In fact, if you install solar panels, you could lower your carbon dioxide emissions by about 90 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 energy other than just saving money on bills. You can also help protect the environment, which some would argue is priceless.