12 Best Solar Companies in Brownsburg, IN (Mar 2023 Review)

The Cost and Benefits of Solar in Brownsburg

Even though solar panels can help save you money on electricity bills over time, it's important to take into consideration the startup costs. The installation cost is just one important factor you should consider when looking into installing solar panels. How much it'll cost and how much you can save depend on things including:

• How much sunlight your roof gets: If your roof doesn't get a lot of direct sunlight, your solar panel system won't be able to generate as much energy, which will give you lower savings on electric bills than someone with a roof that gets lots of sunlight.
• System size and type: Some models are more expensive than others, so the one you get can raise or lower your upfront cost. Plus, the more solar panels you need to buy, the more it'll cost.
• Typical energy usage: The more power your household consumes on average and the steeper your current power bills are, the more benefits you'll see from going solar.
• Incentives: One thing that can make your solar project cost less is the solar investment tax credit (ITC), which is a tax credit that lets you deduct from your taxes a percentage of the project cost. You can also save on your power bills, which can result in an average of $17,000 of savings over 20 years.

Although a solar panel system costs a good chunk of money upfront, it can save you thousands of dollars over time. The question of how much, though, depends on several factors, like the kind of solar panels you get and incentives.

Solar Incentives in Brownsburg

Although installing solar panels is typically a $15,000 to $25,000 investment, it can save you a lot of money over time due to smaller power bills and government incentives. No matter what state you live in, you can take advantage of the federal Solar Investment Tax Credit (ITC), which will allow you to claim 30% of how much you paid for your solar installation when you file taxes, lowering the amount of taxes you owe that year. Plus, there may be some state and city incentives you can benefit from too. For comprehensive information about incentives that apply to you, check out our our article on solar incentives.

Environmental Impact of Switching to Solar in Brownsburg

There are a few primary reasons why people are considering solar energy: to put more money in their bank account and to help the planet. But you may be wondering — how much exactly can you help the environment by going solar? In a city like Brownsburg where energy use is particularly high, making the switch to solar power is a great idea for households who want to do their part for the environment. In fact, if you adopt solar power, you could be looking at reducing your carbon dioxide emissions by about 90 pounds each year. If you care about 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 preserve the environment, which some would argue is worth more.