12 Best Solar Companies in Frankfort, IN (Jan 2023 Review)

The Cost and Benefits of Solar in Frankfort

When deciding on a solar company, most homeowners or business owners wonder about the costs above all. A few important factors that determine the cost of installing a solar panel system on your home and how much it could save you over time include:

• Average daily sunlight: Since Frankfort gets a decent amount of average daily sunlight, your solar panels can generally generate enough energy to power your whole home, which influences how much you can save on your energy bills.
• The kind of solar panels you're thinking of getting: Some have higher prices, so that will shape your budget for your solar project.
• Incentives: Something that can make your solar project cost less 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 on your power bills, which can generate an average of $17,000 of savings over 20 years.
• How much energy costs for you: The typical household in Frankfort pays around $1,600 a year on energy alone, so you could be looking at that much in savings.

Solar is a profitable investment for most homeowners. You can make your own electricity instead of paying for it from a utility company and take advantage of solar tax credits and rebates, all while helping preserve the planet.

Solar Incentives in Frankfort

Although installing solar panels is typically a big investment, it can save you a lot of money over several years because of smaller utility bills and government incentives. In addition to the federal solar investment tax credit, there are also some local benefits, which in the majority of cases, can be claimed in addition to the federal incentive, so you get to save even more. You can find out about the incentives you can use in our article on solar incentives

Environmental Impact of Switching to Solar in Frankfort

There are a few key reasons why people want to invest in solar energy: to put more money in their bank account and to help the planet. But you may be curious — how much exactly can you help by using solar power? Everyone can help save the planet by switching to solar energy, but homes that use lots of energy will have a greater impact. Since solar panels don't release carbon dioxide emissions into the atmosphere when producing electricity, they're a good swap for nonrenewable energy sources. In fact, you could reduce your carbon dioxide emissions by about 90 pounds each year. If you want to do your part for the environment, you'll most likely understand that there are many benefits of adopting solar power other than just saving money on bills. You can also help protect the environment, which some would argue is priceless.