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SOLAR PANELS IN BULL SHOALS, AR

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solar payback
AVERAGE PAYBACK
PERIOD
8 YEARS
solar money
20 - YEAR
SAVINGS
$20,150
solar casg
SOLAR PANEL COST
PER WATT
$1

THE BENEFITS OF SOLAR IN BULL SHOALS

Solar energy has become an increasingly popular choice for homeowners in Bull Shoals, Arkansas, and for good reason. The benefits of solar power extend far beyond simply reducing your electricity bill. By installing solar panels on your home, you can not only save money, but also contribute to a more sustainable and environmentally-friendly future. There are many reasons why homeowners in Bull Shoals are choosing to go solar. One of the main reasons is the potential for cost savings. With an abundance of sunlight in Arkansas, solar panels can generate a significant amount of electricity, reducing the need for traditional energy sources and ultimately saving you money on your utility bills. In fact, studies have shown that homeowners who switch to solar energy can save thousands of dollars over the lifetime of their solar panels. Additionally, with the state and federal tax incentives available for solar installations, the upfront costs can be significantly reduced, making it an even more attractive option for homeowners. But beyond the financial benefits, solar energy also has a positive impact on the environment. By using renewable energy sources like solar power, we can reduce our reliance on fossil fuels and decrease our carbon footprint. This is especially important in a city like Bull Shoals, where the gorgeous landscapes and natural beauty are a major draw for residents and tourists alike. By choosing solar energy, homeowners in Bull Shoals can play a part in preserving the beauty of their city for generations to come. In addition to the financial and environmental benefits, solar energy can also provide a number of other advantages for homeowners in Bull Shoals.

For example, solar panels can increase the value of your home, provide backup power during power outages, and make your home more comfortable and energy-efficient. If you are considering making the switch to solar energy, be sure to do your research and consult with a qualified solar installer to learn more about the benefits and costs of solar power. Here are some of the specific benefits of solar energy for homeowners in Bull Shoals: * Solar panels can generate a significant amount of electricity, reducing your reliance on traditional energy sources and ultimately saving you money on your utility bills. In fact, studies have shown that homeowners who switch to solar energy can save thousands of dollars over the lifetime of their solar panels. * By using renewable energy sources like solar power, we can reduce our reliance on fossil fuels and decrease our carbon footprint. This is especially important in a city like Bull Shoals, where the gorgeous landscapes and natural beauty are a major draw for residents and tourists alike. * Solar panels can increase the value of your home. According to a recent study by the National Bureau of Economic Research, homes with solar panels sell for an average of \$15,000 more than similar homes without solar panels. * Solar panels can provide backup power during power outages. This can be a valuable asset in a city like Bull Shoals, where severe weather events are common. * Solar panels can make your home more energy-efficient. By generating your own electricity, you can reduce your reliance on the grid and save money on your energy bills. If you are considering making the switch to solar energy, be sure to do your research and consult with a qualified solar installer to learn more about the benefits and costs of solar power.

LITTLE BIT MORE ABOUT SOLAR PANELS IN BULL SHOALS

solar panels
3.75 HOURS PEAK SUN

A peak sun hour is an hour in the day when the intensity of the sunlight reaches an average of 1000 watts/meter².

solar panels
0.10 ELECTRICITY RATE

The average residential electricity rate in Bull Shoals is 0.10 Cents per Kilowatt Hour.

solar panels
26 INCENTIVES AND TAX CREDITS

There are 26 solar policies and incentives in the state of Arkansas. These incentives and tax credits help reduce the cost of solar panels in order to promote this source of renewable energy. View all Incentives and Tax Credits in Arkansas on dsireusa.org.

WHY SHOULD YOU CONSIDER GOING SOLAR IN BULL SHOALS

  • YOU CAN SAVE ON YOUR UTILITIES BILL

At the most basic level, solar panels are devices that take in the sun’s rays and convert them into electricity or heat. Once the sun hits the panels, the energy is made into electricity. A solar inverter helps turn the electricity into power that can be used. The more panels you have on a roof, the more solar electricity you can produce! Solar panels generate their own power and as a result can offset your monthly electricity bill, if not eliminate it in Bull Shoals.

  • REDUCE YOUR CARBON FOOTPRINT IN Bull Shoals

Solar energy is a renewable, carbon-free resource so it can help Bull Shoals to combat greenhouse gas emissions and reduce dependence on fossil fuels. While there are what some call hidden carbon footprints regarding the manufacturing of solar panels, once installed, it is carbon free. In order for the panels to be carbon neutral meaning save more than was used during manufacturing, the solar panels will need to be in operation for 3 years. After these 3 years, the system will remain carbon neutral for the rest of its lifespan. The carbon footprint of solar panel’s is around 20% less than the carbon output of electricity sources powered by coal. Furthermore, for a system size of 6kw, there is a reduction of around 6.3 metric tons of carbon emission per year.

  • TIME SENSITIVE INCENTIVES

The Solar Investment Tax Credit, also known as the Federal Solar Tax Credit, aims to help grow solar energy in the United States. In order to help reduce the initial cost of solar, all U.S. solar customers are eligible for a tax credit for 26% off their solar system if it is installed and turned on, generating power, by the end of 2022. This tax credit can be claimed by any U.S. homeowner as long as the system is on your primary or secondary residential location. This incentive is time sensitive as in 2024 it will not be available to homeowners. Additionally, the percentage decreases in 2023 to 22%. Learn more about the Federal Solar Tax Credit at Energy.gov.

  • IMPROVE THE VALUE OF YOUR HOUSE IN Bull Shoals

The National Renewable Energy Laboratory says that installing solar panels is viewed as an upgrade and homebuyers across the country are willing to pay a premium for the economic and environmental benefits of a solar home. Additionally, homes with solar panels often sell faster than those without. The National Renewable Energy Laboratory states that every dollar that is saved on energy through solar increases home value by $20 in Bull Shoals . More research shows that solar panels can add an average of $18,324 to the value of a medium-sized home.

  • FIGHT AGAINST RISING ELECTRICITY COSTS IN Bull Shoals

It is no surprise that electricity costs have been increasing. The cost of electricity has risen dramatically in the last ten years and that trend is expected to continue in Bull Shoals, Arkansas. Read more about the rising electricity costs on Energy Information Administration page. According to the Energy Information Administration, the average nominal retail electricity price paid by U.S. residential electric customers rose at the fastest rate since 2008, increasing 4.3% from 2020 to 13.72 cents per kilowatthour in 2021. Solar panels are like an insurance policy against increasing electricity rates. With home solar, you get the power to control your energy’s future.

SINCE 2018 PEOPLE IN ARKANSAS HAVE SAVED ON AVERAGE $20,150

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Disclaimer

All facts, figures, and information contained on this pages are generalizations for information purposes only. The specific figures for your address may vary. The Solar landscape is constantly evolving but here a few additional resources for you to stay up to date https://www.eia.gov/, https://www.seia.org/resources and https://www.energy.gov/solar.

The Quote Match is part of an integrated solar and home services marketplace and is not a solar installer, contractor, or government agency.© 2022 All Rights Reserved.