16 Best Solar Companies in Highland, IN (Feb 2023 Review)

The Cost and Benefits of Solar in Highland

Although solar panels can save you money on energy over time, it's important to consider the startup costs. Some key things that determine how much it will cost and how much you could save include:

• Average daily sunlight: Since Highland gets a decent amount of average daily sunlight, your solar panels can generally produce enough energy to power your whole home, which influences how much your solar panels can save you on your electricity bills.
• Your income and budget: This determines what model of solar panels you can purchase.
• Your power bills: This will determine how much you can save. In Highland, the average resident can save about $1,900 a year on their electricity bills.
• Incentives: Those who purchase and install a solar system this year can save 30% of their solar installation costs by taking advantage of the federal solar investment tax credit. You can also save about $20,000 on your utility bills over 20 years without incentives.

Due to solar panels now being cheaper than ever as well as several solar incentives, they are a solid investment for many homeowners.

Solar Incentives in Highland

Switching to solar power has many wonderful benefits. Not only can it help preserve the planet, but you can also save a good amount of money on your installation with various government incentives. No matter what state you live in, you can take advantage of the federal Solar Investment Tax Credit (ITC), which will allow you to claim 30% of how much you paid for your solar installation when you file taxes, reducing the amount of taxes you owe that year. In addition, there may be some state and city incentives you can benefit from too. In our article on solar incentives, you can find out about the incentives you qualify for near you.

Environmental Impact of Switching to Solar in Highland

A lot of people want to do their part to help save the planet, which in many cases is the primary reason for installing solar panels. But how much can using solar energy instead of traditional energy actually help the environment? In a city like Highland where energy use is particularly high, switching to solar energy is a great idea for households who are eco-conscious. In fact, if you install solar panels, you could expect to reduce your carbon dioxide emissions by about 90 pounds each year. The benefits of solar power are plentiful — just like solar power is! That's why so many people have been happy with committing to solar.