17 Best Solar Companies in Garrett, IN (Mar 2023 Review)

The Cost and Benefits of Solar in Garrett

Solar panels run off a free energy source — the sun — but before you can take advantage of this you first need to pay to set up your system. There are several factors you should consider when trying to determine the overall cost and how much you can save, including:

• 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 energy bills, which can lead to an average of $17,000 of savings over 20 years.
• How much energy you use: If your home needs to use a lot of energy, you'll see more savings from switching to solar.
• Whether or not your roof gets a lot of direct sunlight: This, along with the configuration of your roof, affects affect how much electricity your solar panels can produce.
• The model of solar panels you have the money for: This depends on how much you're willing to invest upfront.

Due to solar panels now being cheaper than ever as well as various solar incentives, they are a solid investment for the majority of homeowners.

Solar Incentives in Garrett

Although a solar power system is typically a $15,000 to $25,000 investment, it can save you a considerable amount of money in the long term because of reduced energy bills and government incentives. When you install solar panels, you become eligible to claim the federal tax credit, or ITC. This credit currently lets you reduce your tax bill by 30% of the cost of your solar panels. Additionally, there may often be some local incentives that you can use to further cut back on the cost of solar of solar panels. Our article on solar incentives has more information on the incentives you can take advantage of in Garrett.

Environmental Impact of Switching to Solar in Garrett

There are tons of reasons to trade traditional energy for solar energy, like saving some money on electricity bills and helping to lower your carbon footprint. But you may be curious — how much exactly can you help the environment by using solar power? If your home uses a lot of energy, you can have an even greater impact on the planet by switching to solar energy. In Garrett, the average homeowner can lower their carbon footprint by 90 pounds a year once they go solar. Since solar power is plentiful and makes electricity without free from carbon dioxide emissions, installing solar panels is one easy step you can take to help preserve the environment.