17 Best Solar Companies in Boonville, IN (Mar 2023 Review)

The Cost and Benefits of Solar in Boonville

We understand that for lots of homeowners, the choice to invest in solar comes down to installation costs. The overall price and potential savings vary depending on a few important factors such as:

• How much power your household needs: If your family regularly uses a lot of energy, you'll benefit more from switching to solar.
• Your location: This affects the average daily sunlight your roof gets, which helps determine how many panels you need.
• System size and type: Some models are more costly than others, so the one you decide on can raise or lower your initial investment. Plus, the more solar panels you need to buy, the more it'll cost.
• Incentives: The federal solar investment tax credit, which everyone qualifies for, lets you deduct 30% of the cost of installing your solar panel system from your taxes. Additionally, not including incentives, you can save about $21,000 over 20 years on your energy bills.

Though a solar panel system costs a sizable chunk of money upfront, it can save you much more over time. The question of how much, though, depends on a number of factors, including the angle of your roof and incentives.

Solar Incentives in Boonville

Adopting solar power has lots of great benefits. Not only can it help preserve the planet, but you can also save a decent amount of money on your installation with various government incentives. 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. Plus, there may often be some regional incentives that you can benefit from to further cut back on the cost of solar of solar panels. In our article on solar incentives, you can read about the incentives you qualify for in your area.

Environmental Impact of Switching to Solar in Boonville

There are tons of reasons to make the switch to solar energy, like saving some money on utility bills and helping to lower your carbon footprint. A question many homeowners might be asking themselves is how much can they really help protect the environment by switching to solar power anyway? The more power your family uses, the the more the environment will benefit if you switch to solar since you won't have to burn as many fossil fuels. Because solar panels don't release greenhouse gas emissions into the atmosphere when producing electricity, they're a good alternative to nonrenewable energy sources. In fact, you could be looking at reducing your carbon dioxide emissions by about 90 pounds each year. If you want to do what you can for the environment, you'll likely 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 priceless.