16 Best Solar Companies in Connersville, IN (Sep 2022 Review)

The Cost and Benefits of Solar in Connersville

We understand that for lots of homeowners, the decision to invest in solar highly depends on installation costs. Some key factors that influence the cost of installing a solar panel system on your home and how much it could save you over time are:

• Incentives: Something 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 energy bills, which can lead to an average of $18,000 of savings over 20 years.
• The amount of sunlight your roof gets: If your rooftop gets limited direct sunlight, your solar panel system won't be able to make as much energy, which will leave you with lower savings on electric bills than a roof that gets a lot of sunlight.
• Your energy consumption: If your family needs to use a lot of energy, you'll benefit more from installing solar panels.
• The kind of solar panels you have the money for: This is dependent on how much you're willing to invest upfront.

Solar is a profitable investment for most homeowners. You can make your own power instead of paying for it from the grid and take advantage of solar incentives, all while helping protect the Earth.

Solar Incentives in Connersville

Although solar power is typically a $15,000 to $25,000 investment, it can save you a lot of money in the long term because of reduced utility bills and government incentives. When you install solar panels on your house, you become eligible to claim the federal tax credit, or ITC. This credit currently lowers your tax bill by 30% of the cost of your solar panels. Plus, there are often some regional incentives that you can use to further cut back on the cost of solar of solar panels. In the table below, you can read about the incentives you qualify for in Connersville.

Environmental Impact of Switching to Solar in Connersville

One reason so many homeowners are considering going solar is to help lower their environmental impact. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Connersville, though. Switching to solar power is a great choice for the environment, because the greatest source of greenhouse gas emissions in the country is from burning fossil fuels for electricity, heat, and transportation — all of which can be powered by solar instead. In fact, if you adopt solar power, you could reduce your carbon dioxide emissions by about 90 pounds each year. Since solar power is plentiful and generates electricity without CO2 emissions, adding solar panels to your home is one easy step you can take to help preserve the planet.