11 Best Solar Companies in Corydon, IN (Jan 2023 Review)

The Cost and Benefits of Solar in Corydon

We know that for lots of homeowners, the choice to invest in solar rests on installation costs. Some important things that affect the cost and possible savings include:

• Incentives: Those who buy and install a solar system this year can save 30% of their installation costs by taking advantage of the federal solar investment tax credit. You can also save about $17,000 on your electricity bills over 20 years excluding incentives.
• The kind of solar panels you want to get: Some are more expensive, so that will affect your budget for your solar project.
• Energy consumption: Solar may be too steep of an option for homes that don't need a lot of energy per month.
• Average daily sunlight: Since Corydon gets a decent amount of average daily sunlight, your solar panels can generally produce enough energy to power your whole home, which influences how much your electricity bills will be.

Although a solar panel system costs a good chunk of money upfront, it can save you thousands of dollars over the lifespan of your panels. The question of how much, though, depends on a number of factors, such as the angle of your roof and your energy consumption.

Solar Incentives in Corydon

There are many good reasons why you should switch to solar. One of them includes some government incentives that can help save you some money. When you install solar panels, you can claim the federal tax credit, or ITC. This credit currently lowers your tax bill by 30% of the cost of your solar panels. In addition, there may often be some local 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 find out about the incentives you qualify for in your area.

Environmental Impact of Switching to Solar in Corydon

There are tons of reasons to trade traditional energy for 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 going solar anyway? How much energy you use is a significant factor to consider. The more power your home uses, the larger your impact when you go solar. In fact, if you adopt solar power, you could reduce your carbon dioxide emissions by about 90 pounds each year. Since solar energy is abundant and makes electricity without releasing carbon emissions, making the switch to solar power is one easy step you can take to help protect the planet.