14 Best Solar Companies in Cincinnati, IL (2023 Reviews)

The Cost and Benefits of Solar in Cincinnati

Even though solar panels can help save you money on power bills over time, it's necessary to know the upfront costs. Some significant things that influence the upfront cost and potential savings over time include:

• Your power bills: This will impact how much money you might save. In Cincinnati, the average resident can save about $930 a year on their electricity bills.
• Incentives: Tax-paying citizens who purchase and install a solar energy system this year can save 30% of their installation costs by using the federal solar investment tax credit. You can also save about $14,000 on your electricity bills over 20 years not including incentives.
• Where your home is: This influences the average daily sunlight your roof gets, which helps determine how many panels you need.
• The kind of solar panels you're thinking of getting: Higher-efficiency panels have higher prices, so that will affect your budget for your solar project.

Though a solar panel system costs a sizable chunk of money upfront, it can save you thousands of dollars in the long term. The question of how much, though, depends on a number of factors, such as the amount of daily direct sunlight available and your current power bills.

Solar Incentives in Cincinnati

To increase the adoption of solar power, incentives are offered by the government — and even some utility companies — to help make solar power more economically viable and accessible. These incentives mostly take the form of cash rebates, tax breaks and/or performance-based incentives. They can reduce how much you end up spending on going solar by 30%, upwards of 50% depending on your location. Our article on solar incentives goes over more in-depth information on the incentives you can take advantage of in Cincinnati.

Environmental Impact of Switching to Solar in Cincinnati

Replacing nonrenewable energy with solar power is a compelling way to do what you can for a greener future. You may be wondering — how much do solar panels do for the environment anyway? Your energy usage is an important factor to consider. The more energy your household consumes, the larger your impact when you switch to solar energy. Since solar panels don't release greenhouse gas emissions into the atmosphere when creating electricity, they're a good substitute for traditional energy sources. In fact, you could reduce your carbon dioxide emissions by about 100 pounds each year. If you want to do what you can for the environment, you'll no doubt find that there are many good things about adopting solar power other than just saving money on electricity. You can also help protect the environment, which some would argue is invaluable.