13 Best Solar Companies in Decatur, IN (Mar 2023 Review)

The Cost and Benefits of Solar in Decatur

We know that for most homeowners, the decision to invest in solar rests on installation costs. The installation cost is just one important factor you should bear in mind when looking into getting solar panels. How much it'll cost and how much you can save depend on things including:

• Incentives: Tax-paying citizens who purchase and install a solar energy system this year can save 30% of their installation costs by using the federal solar investment tax credit. You can also save about $18,000 on your utility bills over 20 years not including incentives.
• The type of solar panels you're thinking of getting: More efficient panels cost more, so that will influence your budget for your solar project.
• The cost of energy for you: If your local power rates are especially high, there's a better chance you'll get a higher return on your investment in solar panels. In Decatur, you can save an average of $142 a month on your electricity bills.
• Average daily sunlight: Since Decatur 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.

Thanks to solar panels decreasing in cost as well as various solar incentives, they are a cost-effective investment for most homeowners.

Solar Incentives in Decatur

Since solar power is a cleaner source of energy than burning fossil fuels, there are quite a few government incentives in place to encourage people to make the switch. No matter what state you live in, you can take advantage of the federal Solar Investment Tax Credit (ITC), which lets you claim 30% of how much your solar project cost on your tax return, lowering the amount of taxes you owe that year. Additionally, there may be some local incentives you can benefit from too. In our article on solar incentives, you can read about the incentives you qualify for near you.

Environmental Impact of Switching to Solar in Decatur

Many want to do their part for the planet, which often is the primary reason they're interested in installing a solar system. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Decatur, though. Everyone can help save the planet by switching to solar energy, but homes that consume more energy will have an even bigger impact. In Decatur, the average person can reduce their carbon footprint by 90 pounds a year once they go solar. As you can see, investing in solar has so many other rewards besides saving money. One of the main ones is that you can help save the Earth too.