17 Best Solar Companies in Bedford, IN (Feb 2023 Review)

The Cost and Benefits of Solar in Bedford

When deciding on a solar company, most homeowners or business owners worry about the costs the most. There are quite a few factors you should consider when trying to figure out how much it will cost and how much you can save, including:

• Your city: This influences how much sunlight your roof receives, which helps determine how many panels you need.
• Incentives: The federal solar investment tax credit currently allows you to reduce your taxes by 30% of the project cost. Your state and city may also have various incentives that you can take advantage of. Additionally, you can save about $19,000 over 20 years on your utility bills, without incentives.
• System size and type: Some models are more costly than others, so the one you want can raise or lower your initial investment. Plus, the more solar panels you need to buy, the more it'll cost.
• Electricity consumption: The average household in Bedford uses a lot of energy, and therefore may see more savings on electricity bills than other places.

Though a solar panel system costs a good chunk of money upfront, it can save you much more over time. The question of how much, though, depends on several factors, such as the size of your solar panel system and your current power bills.

Solar Incentives in Bedford

There are lots of reasons why you should switch to solar. One of them consists of some government incentives you can take advantage of. When you install solar panels on your home, you can claim the federal tax credit, or ITC. This credit currently lets you reduce your tax bill by 30% of the cost of your solar panels. In addition, there are often some state and city incentives that you can take advantage of to further save. Take a look at our article on solar incentives to learn what incentives you can take advantage of.

Environmental Impact of Switching to Solar in Bedford

If you want to add solar panels to your home, one of the main reasons why may be to lower your carbon footprint. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Bedford, though. The more energy you use, the better off the planet will be if you switch to solar as you won't have to rely on traditional energy sources as much. Once you go solar, your carbon emissions can be reduced by about 90 pounds every year. If you care about the environment, you'll most likely get that there are many advantages to adopting solar power other than just saving money on electricity. You can also help preserve the environment, which some would argue is invaluable.