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

The Cost and Benefits of Solar in Greendale

For the majority of homeowners, the decision to invest in a solar energy system comes down to the cost. Some key factors that determine how much it will cost to install a solar panel system on your home and how much money you could save over time include:

• Your household's power bills: Based on the very high monthly electricity bills in Greendale, you could save about $1,600 a year with solar.
• Incentives: The federal solar investment tax credit currently lets you decrease your taxes by 30% of the project cost. Your state and city may also have incentives and rebates that you can take advantage of. Plus, you can save about $17,000 over 20 years on your utility bills, before factoring in incentives.
• Average daily sunlight: Since Greendale gets a decent amount of average daily sunlight, your solar panels can generally produce enough energy to power your whole home, which impacts how much your electricity bills will be.
• The model of solar panels you want: More efficient panels are more expensive, so that will affect your budget for your solar project.

So are solar panels worth it? Whether you want to decrease your electric bills, greenhouse gas emissions or both, solar panels are a great investment for many Greendale homeowners.

Solar Incentives in Greendale

Since solar power is better for the environment than traditional energy sources, there are several government incentives available to encourage its adoption. When you install a solar panel system on your house, you become eligible to claim the federal tax credit, or ITC. This credit currently lets you lower your tax bill by 30% of the cost of your solar panels. Plus, there may often be some state and city incentives that you can use to further save. You can learn about the incentives available to you in our article on solar incentives

Environmental Impact of Switching to Solar in Greendale

One of the best reasons to adopt solar power is to cut your reliance on traditional energy sources like burning fossil fuels, which are harmful for the environment. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Greendale, though. The amount of energy you use is a key factor to keep in mind. The more energy you use, the bigger your impact when you make the switch to solar power. In fact, if you adopt solar power, you could reduce your carbon dioxide emissions by about 90 pounds each year. As you can see, going solar has so many other benefits besides saving money. One of the major ones is that you can help save the environment too.