10 Best Solar Companies in Nitro, WV (Mar 2023 Review)

The Cost and Benefits of Solar in Nitro

While solar panels can help save you a good amount of money on utility bills over time, it's important to consider the upfront costs. There are several factors you should consider when trying to figure out the overall cost and how much you can save, such as:

• Energy consumption: Installing solar panels may be a high-cost option for households that don't need a good amount of energy per month.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you receive a tax credit curretnly worth 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 $17,000 over the first 20 years with your system, too.
• Your current electricity bills: Solar panels can noticeably lower, or entirely eliminate, your utility bills. In Nitro, you can save an average of $163 a month.
• How much sunlight your roof gets: If your rooftop doesn't see much direct sunlight, your solar system won't be able to produce as much energy, which will leave you with lower savings on energy bills than a roof that gets lots of sunlight.

Though a solar panel system costs a decent chunk of money upfront, it can save you a considerable amount over the lifespan of your panels. The question of how much, though, depends on a number of factors, like the kind of solar panels you get and your energy consumption.

Solar Incentives in Nitro

There are many good reasons why you should switch to solar. One of them consists of some government incentives that can help save you some money. You can qualify for the federal solar investment tax credit (ITC) for the tax year you turn on your a solar system. You can also possibly use the ITC with other state and city incentives. For more information about incentives that apply to you, visit our our article on solar incentives.

Environmental Impact of Switching to Solar in Nitro

If you're thinking of adding solar panels to your home, one of the primary reasons why may be to reduce your carbon dioxide emissions. You may be curious — how much do solar panels help the environment anyway? In a city like Nitro where energy use is particularly high, making the switch to solar power is a fantastic idea for people who want to do their part for the environment. Because solar panels don't release carbon dioxide emissions into the atmosphere when generating electricity, they're a good substitute for nonrenewable energy sources. In fact, you could look forward to lowering your carbon dioxide emissions by about 90 pounds each year. As you can see, going solar has so many other rewards beyond saving money. One of the primary ones is that you can help save the Earth too.