18 Best Solar Companies in Hammond, IN (Jun 2022 Review)

The Cost and Benefits of Solar in Hammond

While solar panels can save you money on energy bills over time, it's necessary to take into consideration the startup costs. The installation cost is just one important factor you should bear in mind when looking into getting solar panels. How much it'll cost and how much you can save depend on things such as:

• Your energy consumption: If your home uses a lot of energy, you'll see more savings from installing solar panels.
• The type and model of solar panels you want to get: Higher-efficiency panels are more highly priced, so that will affect your budget for your solar project.
• The amount of sunlight your roof gets: If your roof doesn't get a lot of direct sunlight, your solar panel system won't be able to produce as much energy, which will give you lower savings on energy bills than a roof that gets plenty of sunlight.
• Your home's power bills: Because of very high monthly energy bills in Hammond, you could save about $1,900 a year with solar.

There are many great benefits of solar in spite of the initial cost of installation. It can help the Earth and your bank account. In addition, it can boost the value of your home, giving you even more benefits if you want to sell your home later.

Solar Incentives in Hammond

Because solar power is a cleaner source of energy than fossil fuels, there are some government incentives in place to encourage its adoption. There are a lot of federal, state and local rebates and tax credits that earn a decent amount of money back after paying for a solar panel system. In the table below, you can find out about the incentives you qualify for in Hammond.

Environmental Impact of Switching to Solar in Hammond

Many want to do what they can to help the environment, which in many cases is the prime reason they're interested in installing solar panels. A question many homeowners might be thinking about is how much can they really help preserve the environment by going solar anyway? The average person has a substantial carbon footprint. Between their car, which is responsible for over 10,000 pounds of carbon dioxide emissions every year, and electricity for their home, it can be overwhelming to figure out what to do. Using solar power is one of the easiest things you can do to help. While making solar panels emits carbon dioxide, the panels make up for it by greatly lowering the amount of CO2 you would have been responsible for if you still used traditional energy. In Hammond, you can reduce your carbon footprint by 90 pounds a year with solar panels. Since solar energy is renewable and produces electricity without CO2 emissions, installing solar panels is one easy step you can take to help preserve the planet.