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2. Installation Costs Labor costs can vary significantly based on geographic location, as well as the complexity of the installation process. Some regions may require additional permits, which can also influence the overall cost.

Exactly how beneficial this is for a given homeowner depends on the timing and magnitude of the rate changes under such a plan. Similarly, utilities in some locations have pricing schemes that vary over different times of the year due to regular seasonal demand fluctuations. Those with higher rates during the summer make solar power more valuable. Many states provide solar cost calculators that can help you determine how much you’ll save based on your particular situation.

Fossil fuel remains a resource in declining supply that, when burned to create energy, releases harmful byproducts into our atmosphere. Solar power has the potential to help us minimize our use of fossil fuels and the impact we have on the environment.