Will Solar Panels Save Me Money

If we had a nickel for every time we got asked "Will solar panels save me money?", we could probably retire from the industry!

It seems like the biggest question for anyone considering going solar is whether or not it will save them money long-term. The short answer is a resounding YES! Not only do Greensboro residents see their monthly electric bill slashed significantly right away, but they also enjoy not having to worry about the ever rising inflation rate of standard electricity. Our solar panels can save you thousands of dollars per year on utility bills and will pay for themselves in just a few short years while providing a reliable, clean energy source for the long-haul.

Greensboro, North Carolina gets plenty of sun exposure, meaning that your panels will be working efficiently all year long to power your home or business. This means that residents can enjoy a higher return on their solar investment. Even when temperatures drop in the winter months , Greensboro solar panels still provide a substantial amount of energy. Research shows solar panels will provide energy at their peak from a temperature range of 59-95 degrees Fahrenheit meaning our weather is almost always right on the sweet spot.

What many people don't know is that there are more ways to save with solar energy other than reducing electric bills. The Federal Solar Investment Tax Credit (ITC) is giving those that have a solar installation in 2021 a 26% tax rebate on their federal income taxes! That means that you receive a 26% credit calculated from the cost of your residences solar installation. This percent will likely reduce to 22% in 2022 and continue to reduce as time goes on.

Ready for more ways to save? The next way that solar can keep more green in your wallet is through what is called net metering. Net metering is a billing system that allows you to sell any extra solar energy you produce back to the electric company. Basically, anytime your homes solar installation produces more energy than you can use for your home, this excess gets pushed out onto the grid, meaning you will receive credit and it will offset your energy bill even further!

There are always more and more incentives popping up to make that make the switch to solar energy more enticing, and our company offers it's own as well. We are an independent solar energy company, which allows us to structure deals with much more flexibility and find a price that works for you. Our solar installations are always zero money down, and we have run specials such as giving $1000 back after installs, paying your bill for the first 6 months and more! Call us at R&D Solar Solutions Greensboro to find out what great deals we've got going on right now and how we can work with you!

With the tax rebate being at it's peak and our great prices, it is quite literally the most affordable time to switch to solar. Our clients are shocked when they find out that their monthly cost of installing solar is actually lower than their electric bill. Give us a call and set up a free, no obligation consultation to go into much further detail about how solar panels will save you money.

-R&D Solar Solutions Greensboro

Greensboro, North Carolina 27406-8719