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SOLAR PANELS IN PENCIL BLUFF, 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 PENCIL BLUFF

Solar energy has become increasingly popular among homeowners in Pencil Bluff, Arkansas, due to a number of factors. For one, solar energy is a cost-effective option for homeowners. With traditional energy sources, homeowners are subject to fluctuating utility rates, which can make budgeting for expenses a challenge. However, with solar energy, homeowners can lock in a fixed rate for the cost of installation and maintenance, resulting in long-term savings. Additionally, Arkansas offers a variety of incentives and tax breaks for homeowners who choose to switch to solar energy, making it an even more financially appealing option. In addition to its cost-effectiveness, solar energy is also a clean and renewable energy source. Traditional energy sources, such as coal and natural gas, emit harmful pollutants into the air, contributing to climate change and other environmental issues. Solar energy, on the other hand, does not produce any emissions, making it a green and sustainable option for homeowners. Solar energy also has a long lifespan and requires minimal maintenance, making it a wise investment for homeowners.

Overall, there are many reasons why homeowners in Pencil Bluff, Arkansas are choosing to switch to solar energy. Solar energy is a cost-effective, clean, and renewable energy source that offers a number of benefits for homeowners. By switching to solar energy, homeowners can save money, reduce their carbon footprint, and help create a cleaner and more sustainable future for Pencil Bluff and the planet. Here are some specific examples of how solar energy can benefit homeowners in Pencil Bluff: * Solar energy can save homeowners money on their energy bills. In fact, a recent study by the National Bureau of Economic Research found that homeowners who install solar panels can save an average of $10,000 over the lifetime of their system. * Solar energy is a clean and renewable energy source that does not produce any emissions. This makes it a great option for homeowners who are concerned about the environment. * Solar energy systems have a long lifespan and require minimal maintenance. This means that homeowners can enjoy the benefits of solar energy for many years to come without having to worry about costly repairs or replacements. If you are a homeowner in Pencil Bluff, Arkansas, and you are interested in learning more about the benefits of solar energy, I encourage you to contact a solar installer in your area.

LITTLE BIT MORE ABOUT SOLAR PANELS IN PENCIL BLUFF

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 Pencil Bluff 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 PENCIL BLUFF

  • 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 Pencil Bluff.

  • REDUCE YOUR CARBON FOOTPRINT IN Pencil Bluff

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

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 Pencil Bluff . 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 Pencil Bluff

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 Pencil Bluff, 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.