14 Best Solar Companies in Greensburg, IN (2023 Reviews)

The Cost and Benefits of Solar in Greensburg

Even though solar panels can save you money on utility bills over time, it's important to know the upfront costs. A few key factors that determine the cost of installing solar panels on your home and how much money you could save over time include:

• Typical energy usage: The more power your home uses on average and the steeper your current power bills are, the more money you could save by making the switch to solar.
• Choice of solar panels: The type of solar panels you get will affect your total cost. High-efficiency monocrystalline panels will cost more upfront but can also save you more money over the lifetime of your system. If space isn't a constraint for your project, you can opt for a higher number of more affordable panels.
• Average daily sunlight: Since Greensburg 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.
• Incentives: The federal solar investment tax credit, which everyone qualifies for, lets you deduct 30% of the cost of your solar system installation from your taxes. Plus, not including incentives, you can save about $19,000 over 20 years on your energy bills.

So is installing solar panels worth it? Whether you hope to reduce your electricity costs, carbon dioxide emissions or both, solar panels are a great investment for many Greensburg homeowners.

Solar Incentives in Greensburg

Since solar power is more sustainable than traditional energy sources, there are quite a few government incentives available to encourage its adoption. You can qualify for the federal solar investment tax credit (ITC) for the tax year you turn on your solar panels. You can also potentially pair the ITC with other local incentives. Take a look at our article on solar incentives to see what incentives are available to you.

Environmental Impact of Switching to Solar in Greensburg

Lots of people want to do what they can to help protect the planet, which often is the main motivation to install a solar system. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Greensburg, though. If your home uses a lot of energy, you can have an even greater impact on the planet by switching to solar energy. Since solar panels don't release carbon dioxide emissions into the atmosphere when creating electricity, they're a good swap for traditional energy sources. In fact, you could be looking at reducing your carbon dioxide emissions by about 90 pounds each year. As you can see, using solar power has so many other perks besides saving money. One of the major ones is that you can help save the planet too.