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

The Cost and Benefits of Solar in Evansville

Although solar panels can save you money on energy bills over time, it's important to know the upfront costs. Some important factors that determine how much it will cost to install solar panels on your home and how much it could save you over time include:

• The model of solar panel system you can purchase: This depends on how much you're willing to spend upfront.
• The amount of sunlight your rooftop gets: Because of Evansville's high amount of average daily sunlight, you should be able to save a decent amount on your electricity bills.
• Incentives: Those who purchase and install a solar energy 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 $23,000 on your electricity bills over 20 years not including incentives.
• How much power your household needs: If your family regularly uses a lot of energy, you'll reap more rewards from switching to solar.

There are many good benefits of solar even with the upfront cost of installation. It can help the environment and your bank account. Additionally, it can boost the value of your home, resulting in even more benefits if you want to sell your home later.

Solar Incentives in Evansville

To increase the number of homes and businesses that use solar power, federal and local governments — and even some utility companies — offer incentives to help make going solar more financially viable and accessible. Local solar incentive programs depend on the location and, sometimes, utility company. Many states offer rebates for solar power systems, in addition to the federal solar tax credit. Our article on solar incentives has more detailed information on the incentives you can benefit from in Evansville.

Environmental Impact of Switching to Solar in Evansville

There are tons of reasons to switch to solar energy, like saving on utility bills and helping to reduce your carbon footprint. A question many might be wondering about is how much can they really help save the environment by switching to solar power anyway? If your home uses lots of energy, you can impact the environment even more by switching to solar power. Because solar panels don't release carbon dioxide emissions into the atmosphere when producing electricity, they're a good trade for traditional energy sources. In fact, you could expect to reduce your carbon dioxide emissions by about 90 pounds each year. If you want to do what you can for the environment, you'll most likely get that there are many good things about adopting solar energy other than just saving money on electricity. You can also help protect the environment, which some would argue is priceless.