17 Best Solar Companies in Dyer, IN (Feb 2023 Review)

The Cost and Benefits of Solar in Dyer

We understand that for most homeowners, the decision to invest in solar rests on installation 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:

• Your location: This influences the average daily sunlight your roof gets, which helps determine how many panels you need.
• Incentives: Something that can save you money on your solar project is the solar investment tax credit (ITC), which is a tax credit that's equal to a percentage of the project cost. You can also save money on your power bills, which can result in an average of $20,000 of savings over 20 years.
• The model of solar panels you're thinking of getting: More efficient models are more highly priced, so that will shape your budget for your solar project.
• Your current electricity bills: Solar panels can significantly lower, or totally get rid of, your utility bills. In Dyer, you can save an average of $159 a month.

There are several good benefits of solar in spite of the initial cost of installation. It can help the environment and your bank account. Plus, it can increase the value of your home, resulting in even more benefits if you decide to sell your home later.

Solar Incentives in Dyer

Although a solar power system is typically a big investment, it can save you much money over the lifespan of your solar panels because of lower energy bills and government incentives. There are quite a few federal, state and local rebates and tax credits that can earn you a decent amount of money back after paying for a solar panel system. Our article on solar incentives goes over more in-depth information on the incentives you can take advantage of in Dyer.

Environmental Impact of Switching to Solar in Dyer

There are lots of reasons to make the switch to solar power, like saving on utility bills and helping to reduce your carbon footprint. You may be trying to figure out — how much does going solar do for the planet anyway? How much energy you use is a significant factor to keep in mind. The more power you use, the bigger your impact when you make the switch to solar power. In Dyer, the average homeowner can reduce their carbon footprint by 90 pounds a year after going solar. As you can see, using solar power has so many other perks beyond saving money. One of the most important ones is that you can help save the Earth too.