16 Best Solar Companies in Batesville, IN (Feb 2023 Review)

The Cost and Benefits of Solar in Batesville

We know that for lots of homeowners, the decision to invest in solar hinges on installation costs. A few main factors that affect how much it will cost to install solar panels on your home and how much it could save you over time are:

• How much you spend on energy: The average household in Batesville pays around $1,700 a year on energy alone, so you could gain that much in savings.
• Choice of solar panels: The kind of solar panels you choose will affect your total cost. High-efficiency monocrystalline panels are more expensive upfront but can also lead to more savings over the lifetime of your system. If you don't need to maximize efficiency, you can go with a higher number of more affordable panels.
• Incentives: Something that can make your solar project cost less is the solar investment tax credit (ITC), which is a tax credit that's equal to a percentage of the project cost. You can also save money on your energy bills, which can give you an average of $19,000 of savings over 20 years.
• How much energy your home consumes: Households that use lots of power each month may need more solar panels and, consequently, more upfront cost, but will also benefit more over time.

Although a solar panel system costs a decent chunk of money upfront, it can save you thousands of dollars in the long term. The question of how much, though, depends on several factors, like the size of your house and your current power bills.

Solar Incentives in Batesville

If you're thinking about switching to solar energy, various government incentives and tax credits can immensely bring down the cost of the project and speed up the return on your investment. These incentives typically consist of cash rebates, tax benefits and/or solar renewable energy credits. They can lower how much you pay for going solar by 30%, upwards of 50% depending on where you live. You can find out about the incentives you can use in our article on solar incentives

Environmental Impact of Switching to Solar in Batesville

Switching to solar energy can have a beneficial impact on the environment. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Batesville, though. If your family uses a lot of energy, you can help the environment even more by switching to solar power. If you go solar, your carbon footprint can be lowered by about 90 pounds a year. If you want to do your part for the environment, you'll most likely recognize that there are many advantages to adopting solar energy other than just saving money on bills. You can also help protect the environment, which some would argue is priceless.