16 Best Solar Companies in Bluefield, WV (Sep 2022 Review)

The Cost and Benefits of Solar in Bluefield

While solar panels can help save you a good amount of money on power bills over time, it's necessary to take into consideration the startup costs. The overall price and potential savings vary depending on some key factors such as:

• Incentives: The federal solar investment tax credit currently lets you lower your taxes by 30% of the project cost. Your state and even local utility companies may also have incentives and rebates that you can take advantage of. In addition, you can save about $17,000 over 20 years on your utility bills, without incentives.
• The type of solar panel system you can afford: This hinges on how much you're willing to spend upfront.
• The amount of sunlight your home gets: Due to Bluefield's high amount of average daily sunlight, you should be able to save a decent amount on your power bills.
• Energy consumption: Installing a solar system may be a high-cost option for homes that don't consume too much energy each month.

There are several wonderful benefits of solar in spite of the initial cost of installation. It can help the environment and your wallet. In addition, it can raise the value of your home, giving you even more benefits if you choose to sell your home later.

Solar Incentives in Bluefield

Although a solar power system is typically a $15,000 to $25,000 investment, it can save you a significant amount of money over the lifespan of your solar panels due to lower power bills and government incentives. These incentives typically consist of cash rebates, tax benefits and/or solar renewable energy credits. They can reduce the cost you pay for going solar by 26 to 50% in some cases. In the table below, you can find out about the incentives you qualify for near you.

Environmental Impact of Switching to Solar in Bluefield

Many want to do what they can for the environment, which in many cases is the chief reason for installing solar panels. Something many might be thinking about is how much can they really help preserve the environment by switching to solar power anyway? In Bluefield, where the energy generation can be rather dirty, going solar can have a big effect on the environment since solar power has a lower carbon footprint. Once you go solar, your carbon emissions can be lowered by about 90 pounds a year. For those who want to help the environment, the upfront cost of solar is a small price to pay for the offset carbon emissions.