11 Best Solar Companies in Fortville, IN (Sep 2022 Review)

The Cost and Benefits of Solar in Fortville

Solar panels run off a free energy source — the sun — but before you can take advantage of this you will first need to pay to set up your panels. The overall price and potential savings vary depending on some important factors such as:

• The model of solar panel system you can buy: This hinges on how much you're willing to invest upfront.
• Incentives: The federal solar investment tax credit currently allows you to decrease your taxes by 30% of the project cost. Your state may also have various incentives that you can use. Plus, you can save about $17,000 over 20 years on your utility bills, not including incentives.
• average energy usage: The more energy your household uses on average and the larger your current energy bills are, the more benefits you'll see from going solar.
• Average daily sunlight: Since Fortville gets a decent amount of average daily sunlight, your solar panels can generally generate enough energy to power your whole home, which impacts how much your solar panels can save you on your electricity bills.

So is installing solar panels worth it? Whether you want to reduce your electric bills, carbon emissions or both, solar panels are a worthwhile investment for many Fortville homeowners.

Solar Incentives in Fortville

Although installing solar panels is typically a big investment, it can save you a considerable amount of money in the long term due to reduced energy bills and government incentives. Regardless of what state you live in, you can take advantage of the federal Solar Investment Tax Credit (ITC), which will let you claim 30% of how much you paid for your solar installation when you file taxes, reducing the amount of taxes you owe that year. In addition, there may be some state and city incentives you can benefit from too. The table below tells you about the incentives you can find in Fortville.

Environmental Impact of Switching to Solar in Fortville

There are lots of reasons to switch to solar energy, like saving some money on electricity bills and helping to reduce your carbon footprint. But you may be curious — how much exactly can you help by going solar? If your home uses a lot of energy, you can impact the environment even more by switching to solar power. In Fortville, the average person can reduce their carbon footprint by 90 pounds a year once they go solar. As you can see, using solar power has so many other perks beyond saving money. One of the primary ones is that you can help save the planet too.