Do you want Lakewood to be energy-free? Putting solar panels might be a worthwhile investment because going solar comes with several benefits. There are many solar firms to select from because Lakewood receives a lot of sunshine on average.
We’ll assist you in locating the top businesses in your region in this post. Get a free, no-obligation estimate from one of the top solar companies in Lakewood by clicking the button below to determine whether solar panels are a good choice for your house.
The Costs and Advantages of Installing Solar Panels in Lakewood
The question of whether or not to get solar panels is front of mind for a lot of people who own their own homes. The following are some of the most critical aspects that will determine how much it will cost to install a solar panel system on your house as well as how much money you will save over time:
- Taxpaying people who buy and install a solar energy system in the United States in the current tax year can take advantage of a federal solar investment tax credit that will allow them to save thirty percent of the entire amount they spend on solar energy. You may also save roughly $19,000 on your power expenses over the course of 20 years without receiving any financial incentives.
- The quantity of natural light that enters your house: You should be able to cut your monthly energy costs significantly by taking advantage of Lakewood’s relatively high daily average quantity of sunshine.
- Your financial resources, including: This determines the sort of solar panels that you can afford to purchase.
- Typical energy usage: The bigger your monthly power costs are and the more power your home consumes on average, the more probable it is that you will save money by switching to solar energy.
Is it prudent to invest in photovoltaic panels? Solar panels are an investment that many Lakewood residents have found to be profitable. This is true regardless of whether or not the homeowner want to reduce their power expenses or their carbon emissions.
Lakewood’s Solar Incentive Program
Adopting solar energy is advantageous for several reasons. One of these includes certain financial savings-oriented government incentives. For the tax year that your solar panels are operational, you may be eligible for the federal solar investment tax credit (ITC). The ITC may also be combined with other regional discounts and perks. You may check the incentives you’re eligible for close to you in our post on solar incentives.
Environmental Effects of Lakewood’s Solar Energy Transition
There are several benefits to switching from conventional energy to solar power, including lower energy costs and a smaller carbon footprint. But how much would going solar actually help? Around 62% of our power is produced by burning fossil fuels, according to the EPA, making electricity generation the second greatest source of greenhouse gas emissions. In a community like Lakewood, which emits a lot of carbon dioxide each year, switching to a sustainable energy source like solar power can help lessen that number. Your carbon emissions can be reduced by around 100 pounds annually after you switch to solar power. Installing solar panels on your home is a simple way to help protect the environment because solar energy is sustainable and produces power without releasing any carbon dioxide into the atmosphere.