17 Best Solar Companies in Bedford, IN (Oct 2022 Review)

The Cost and Benefits of Solar in Bedford

For most homeowners, the decision to invest in solar panels boils down to the cost. There are quite a few factors you should consider when trying to determine how much it will cost and how much you can save, including:

• How much energy your household consumes: Households that consume plenty of power each month may require more solar panels and, as a result, be more costly, but will also save more on their energy bills over time.
• Incentives: The federal solar investment tax credit, which everyone qualifies for, allows you to deduct 30% of the cost of your solar system installation from your taxes. In addition, not including incentives, you can save about $19,000 over 20 years on your energy bills.
• Your location: This influences how much sunlight your roof receives, which helps determine how many panels you need.
• The model of solar panel system you can purchase: This hinges on what your budget is.

There are many great benefits of solar despite the upfront cost of installation. It can help the planet and your finances. In addition, it can boost the value of your home, giving you even more benefits if you want to sell your home later.

Solar Incentives in Bedford

Switching to solar power has a lot of wonderful benefits. Not only can it help preserve the Earth, but you can also save some money on your installation with various government incentives. State and city solar incentive programs vary by location and, sometimes, utility company. Many states offer rebates for solar power systems, in addition to the federal solar tax credit. Check out the table below to see what incentives you can benefit from.

Environmental Impact of Switching to Solar in Bedford

If you're considering adding solar panels to your home, one of the principal reasons why may be to reduce your carbon dioxide emissions. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Bedford, though. If your household consumes a lot of energy, you can impact the environment even more by switching to solar energy. While making solar panels releases carbon dioxide emissions, the panels make up for it by considerably lowering the amount of CO2 you would have released if you still used traditional energy. In Bedford, you can reduce your carbon footprint by 90 pounds a year with solar panels. If you want to do your part for the environment, you'll no doubt understand that there are many benefits of adopting solar energy other than just saving money on bills. You can also help protect the environment, which some would argue is more valuable.