Thinking about adding solar panels to your roof? If you’re a homeowner in Allentown, you’re likely wondering whether a solar roof can truly help you save money. With rising electricity costs and increasing sunlight potential in the area, solar energy has become an appealing option for many. But is it worth the investment for your home?
This blog will break down exactly how a solar roof can affect your finances while shining a light on the factors that make Allentown an excellent location for solar energy. By the end, you’ll have a clearer understanding of whether solar is a cost-saving choice for you.
How Solar Roofs Save You Money in Allentown
Reduced Electricity Bills
One of the most significant benefits of a solar roof is its ability to lower electricity bills. By harnessing sunlight to produce your own energy, you’ll buy less electricity from the grid. Homeowners in Allentown spend an average of $100–$150 per month on electricity. With a solar roof, you could see a reduction in these costs of up to 70%. Over the span of years, these savings add up. While your exact savings depend on factors like roof size and energy consumption, many residents find the change noticeable within their first billing cycle.
The great news is that Allentown experiences an average of 201 sunny days per year. This provides plenty of opportunities to generate electricity, even with Pennsylvania’s four-season climate.
Increased Home Value
Investing in solar panels can increase the value of your home. Many prospective buyers are drawn to properties equipped with solar systems because they promise lower utility bills and energy independence. Studies have shown homes with solar roofs tend to sell faster and at a slightly higher premium than those without. While Allentown is no stranger to competitive real estate, a solar roof can serve as an attractive feature that adds long-term value to your property.
Additionally, buyers who are conscious of rising utility rates may view solar energy as an investment in stability, giving you an edge when it’s time to sell your home.
Tax Incentives and Rebates
To make solar energy even more accessible, homeowners in Allentown can take advantage of state and federal incentives. The federal solar tax credit offers a 30% deduction of your installation costs on your federal taxes. For a $15,000 installation, that equals a $4,500 credit! Pennsylvania also has net metering policies, which allow solar users to sell excess electricity back to the grid. Any surplus energy your solar panels produce will essentially roll over as a credit, further cutting down your energy expenses.
These incentives significantly reduce your upfront costs, making the transition to a solar roof easier on your wallet. Combined with the long-term savings on electricity bills, this makes solar one of the smartest upgrades for homeowners in Allentown.
Factors That Impact Solar Savings
System Size and Installation Quality
The savings you’ll see depend largely on the size of your solar system and the quality of the installation. A properly designed system maximizes sunlight exposure and ensures efficiency. Getting your solar panels installed by an experienced team can make all the difference in performance, allowing you to achieve the savings you’re aiming for.
Additionally, the size of your system should match your household’s energy demands. Homes with higher energy usage may require larger installations but could also enjoy greater energy savings.
Longevity of Solar Panels
Solar panels have a lifespan of 25–30 years, during which they continue to generate meaningful savings. Over time, the initial investment pays itself back in the form of energy savings. On average, homeowners in Allentown see a payback period of 8–10 years, meaning everything past that point is essentially profit.
Paired with minimal maintenance, solar panels remain one of the most reliable long-term investments homeowners can make.
Rising Utility Costs
Utility rates rarely stay static. Across Pennsylvania, electricity prices have steadily increased, a factor that makes solar energy even more attractive. With your solar panels up and running, those rising rates become less of a concern. Instead of being impacted by fluctuating expenses, you’ll rely on the consistent power produced by your panels.
Is Solar the Right Move for You?
Installing a solar roof is a smart step toward saving money and adopting an eco-friendly energy source. Allentown’s weather, available incentives, and rising energy rates make it a strong candidate for this upgrade. Whether you’re staying in your home for decades or planning to sell, the financial benefits of solar cannot be overlooked.
Looking to learn more or get started on transitioning your home to solar energy? Reach out to the experts at Roofing by Bruce. Our team is excited to help answer all your solar roofing questions and guide you toward the best energy solutions for your home!