15 Best Solar Companies in Ellettsville, IN (Feb 2023 Review)

The Cost and Benefits of Solar in Ellettsville

For many people considering switching to solar, the decision of which solar installer to choose depends on costs. There are a few factors you should consider when determining how much it will cost and how much you can save, including:

• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you receive a tax credit curretnly worth 30% of your total installation cost, your state or local government may offer additional tax exemptions, credits or rebates that can help you save even more. Excluding incentives, you can save an average of $20,000 over 20 years with your solar system, too.
• How much electricity your household consumes: Homes that consume lots of power each month may require more solar panels and, therefore, be more expensive, but will also save more on their energy bills over time.
• The amount of sunlight your roof gets: If your rooftop doesn't see much direct sunlight, your solar panels won't be able to make as much energy, which will leave you with lower savings on energy bills than someone with a roof that gets a lot of sunlight.
• The type of solar panel system you can purchase: This hinges on how much you're willing to invest upfront.

So is buying solar panels worth it? Whether you hope to reduce your electric bills, carbon emissions or both, solar panels are a solid investment for many Ellettsville homeowners.

Solar Incentives in Ellettsville

There are many reasons why you should switch to solar. One of them involves some government incentives that can save you money. In addition to the federal solar investment tax credit, there are also some local incentives, which in the majority of cases, stack with the federal incentive, so you can save even more. For comprehensive information about incentives for homeowners in Ellettsville, visit our our article on solar incentives.

Environmental Impact of Switching to Solar in Ellettsville

One of the best reasons to embrace solar power is to minimize your reliance on traditional energy sources like burning fossil fuels, which are destructive for the environment. You may be curious — how much do solar panels help the planet anyway? No matter where you are, you can help save the environment by switching to solar energy, but homes that use lots of energy will have a bigger impact. Though solar panel production emits carbon dioxide, the panels make up for it by significantly lowering the amount of CO2 you would have released if you still used traditional energy. In Ellettsville, you can reduce your carbon footprint by 90 pounds a year with solar panels. The benefits of solar power are infinite — just like solar power is! That's why so many Ellettsville residents have been happy with making the switch to solar.