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SOLAR PANELS IN COLUMBUS, 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 COLUMBUS

Solar energy is a smart choice for homeowners in Columbus, Arkansas. It offers a number of advantages over traditional energy sources, including cost-savings, environmental benefits, and peace of mind. Solar energy can save homeowners money on their electricity bills. By installing solar panels on their roofs, homeowners can generate their own electricity, which can offset their reliance on the grid and reduce their overall energy costs. This is especially beneficial in Columbus, where the average electricity rate is higher than the national average. In fact, a recent study by the National Bureau of Economic Research found that homeowners in Columbus who installed solar panels saved an average of $1,000 per year on their electricity bills. Solar energy is a clean and renewable source of energy. It does not produce any harmful emissions, which means it does not contribute to air pollution or climate change.

By switching to solar energy, homeowners can reduce their carbon footprint and help to create a more sustainable future for their community. Solar energy provides homeowners with peace of mind. They know that they are using a clean and renewable source of energy that is not contributing to air pollution or climate change. They also know that they are saving money on their electricity bills, which can help them to budget and plan for the future. In addition to these benefits, solar energy can also increase the value of a home. A recent study by the National Bureau of Economic Research found that homes with solar panels sell for an average of $15,000 more than similar homes without solar panels. This is because buyers are increasingly interested in homes that are energy-efficient and sustainable. If you are a homeowner in Columbus, Arkansas, you should consider investing in solar energy. It is a smart choice that offers a number of advantages over traditional energy sources.

LITTLE BIT MORE ABOUT SOLAR PANELS IN COLUMBUS

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
0.09 ELECTRICITY RATE

The average residential electricity rate in Columbus is 0.09 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 COLUMBUS

  • 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 Columbus.

  • REDUCE YOUR CARBON FOOTPRINT IN Columbus

Solar energy is a renewable, carbon-free resource so it can help Columbus 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 Columbus

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 Columbus . 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 Columbus

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 Columbus, 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

You can also join them, all you have to do is leave an application

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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.