17 Best Solar Companies in Mccordsville, IN (Oct 2022 Review)

The Cost and Benefits of Solar in Mccordsville

When deciding on a solar company, most homeowners or business owners wonder about the costs above all. There are quite a few factors you should take into consideration when determining costs and your potential savings, including:

• Electricity consumption: The average household in Mccordsville uses a lot of energy, and as a result may see more savings on electricity bills than other places.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you deduct 30% of your total installation cost, your local government may offer additional tax exemptions, credits or rebates that can help you save even more. Not including incentives, you can save an average of $17,000 over the first 20 years with your system, too.
• How much energy costs for you: The average family in Mccordsville spends around $1,600 a year on energy alone, so you could end up with that much in savings.
• Your home's orientation toward the sun: This, along with how your roof is set up, affects affect how much electricity your solar panels can generate.

Solar is a profitable investment for most homeowners. You can generate your own energy instead of paying for it from a utility company and make use of solar tax credits and rebates, all while helping the Earth.

Solar Incentives in Mccordsville

In order to increase solar panel installation and usage, federal and local governments — and even some utility companies — offer incentives to help make going solar more financially viable and accessible. There are several federal, state and local rebates and tax credits that can earn you anywhere from 26% to 50% of your money back after buying a qualifying system. The table below shows you the incentives you can find in Mccordsville.

Environmental Impact of Switching to Solar in Mccordsville

There are many reasons to switch to solar power, like saving some money on utility bills and helping to lower your carbon footprint. A question many people might be asking themselves is how much can they really help the environment by switching to solar power anyway? If your family consumes a lot of energy, you can help the environment even more by switching to solar energy. Because solar panels don't release carbon dioxide emissions into the atmosphere when creating electricity, they're a good substitute for nonrenewable energy sources. In fact, you could lower your carbon dioxide emissions by about 90 pounds each year. For people who want to help the environment, the upfront cost of solar is a small price to pay for the offset carbon emissions.