14 Best Solar Companies in Jeffersonville, IN (Sep 2022 Review)

The Cost and Benefits of Solar in Jeffersonville

We understand that for lots of homeowners, the choice to invest in solar hinges on installation costs. The installation cost is just one important factor you should keep in mind when looking into installing solar panels. How much it'll cost and how much you can save depend on things including:

• Energy consumption: Installing solar panels may be too steep of an option for households that don't use a lot of energy a month.
• Your location: This influences how much sunlight your roof gets, which helps determine how many panels you need.
• Incentives: Those who buy and install a solar system this year can save 30% of their total solar spend by using the federal solar investment tax credit. You can also save about $18,000 on your utility bills over 20 years not including incentives.
• Choice of solar panels: The kind of solar panels you need will affect your total cost. High-efficiency monocrystalline panels will cost more upfront but can also lead to more savings over the lifetime of your system. If space isn't a constraint for your project, you can go with a higher number of more affordable panels.

Although a solar panel system costs a sizable chunk of money upfront, it can save you much more over the lifespan of your panels. The question of how much, though, depends on a number of factors, such as the size of your house and your energy consumption.

Solar Incentives in Jeffersonville

If you're planning on switching to solar power, a number of government incentives and tax credits can immensely reduce the cost of the project and expedite the return on your investment. There are several federal, state and local rebates and tax credits that may earn you some money back after installing a solar panel system. The table below lists out the incentives you can find in Jeffersonville.

Environmental Impact of Switching to Solar in Jeffersonville

There are tons of reasons to make the switch to solar energy, like saving on utility bills and helping to reduce your carbon footprint. But you may be wondering — how much exactly can you help by using solar power? In a city like Jeffersonville where energy use is particularly high, switching to solar energy is a great idea for people who are worried about the state of the planet. If you go solar, your carbon emissions can be lowered by about 90 pounds each year. For homeowners who are concerned about the environment, the upfront cost of solar is a small price to pay for the offset carbon emissions.