13 Best Solar Companies in Crawfordsville, IN (Oct 2022 Review)

The Cost and Benefits of Solar in Crawfordsville

Solar panels run off a free energy source — the sun — but to take advantage of this you must first pay to set up your panels. Some significant things that affect the cost and possible savings include:

• Your home's orientation toward the sun: This, and your roof configuration, affects affect how much energy your solar panels can generate.
• Typical energy usage: The more power your home uses on average and the steeper your current power bills are, the more money you could save by going solar.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you deduct 30% of your overall installation cost, your state or local government may offer additional tax exemptions, credits or rebates that will help you save even more. Excluding incentives, you can save an average of $18,000 over the first 20 years with your solar panels, too.
• Your income and budget: This shapes what model of solar panels you can afford.

There are many wonderful benefits of solar in spite of the initial cost of installation. It can help the environment and your finances. Plus, it can raise the value of your home, giving you even more benefits if you choose to sell your home later.

Solar Incentives in Crawfordsville

If you're thinking about switching to solar power, a number of government incentives and solar rebates can dramatically reduce the cost of the project and speed up the return on your investment. When you install a solar panel system on your house, you can take advatage of the federal tax credit, or ITC. This credit currently lowers your tax bill by 30% of the cost of your solar panels. Additionally, there are often some regional incentives that you can take advantage of to further cut back on the cost of solar of solar panels. The table below shows you the incentives you can find in Crawfordsville.

Environmental Impact of Switching to Solar in Crawfordsville

One of the reasons so many are considering installing solar panels is to help lower their environmental impact. But how much can installing solar panels actually help the environment? If your household uses a lot of energy, you can help the environment even more by switching to solar energy. Even though solar panel production releases carbon dioxide emissions, the panels make up for it by greatly lowering the amount of CO2 you would have been responsible for if you still used nonrenewable energy. In Crawfordsville, you can reduce your carbon footprint by 90 pounds a year with solar panels. As you can see, going solar has so many other rewards apart from saving money. One of the main ones is that you can help save the environment too.