17 Best Solar Companies in Michigan City, IN (Jan 2023 Review)

The Cost and Benefits of Solar in Michigan City

We get that for most homeowners, the choice to invest in solar comes down to installation costs. There are a few factors you should consider when trying to determine the overall cost and how much you can save, such as:

• Typical energy usage: The more electricity your household uses on average and the steeper your current electricity bills are, the more benefits you'll see from going solar.
• Choice of solar panels: The type of solar panels you want will affect your total cost. High-efficiency monocrystalline panels are more expensive upfront but can also save you more money over the lifetime of your system. If you don't need to maximize efficiency, you can opt for a higher number of more affordable panels.
• Average daily sunlight: Since Michigan City gets a decent amount of average daily sunlight, your solar panels can generally generate enough energy to power your whole home, which impacts how much your solar panels can save you on your electricity bills.
• Incentives: One thing that can make your solar project cost less is the solar investment tax credit (ITC), which is a tax credit that lets you deduct from your taxes a percentage of the project cost. You can also save a decent amount of money on your power bills, which can result in an average of $18,000 of savings over 20 years.

Solar is a worthwhile investment for most homeowners. You can produce your own energy instead of paying for it from the grid and benefit from solar incentives, all while helping protect the planet.

Solar Incentives in Michigan City

To increase the number of homes and businesses that use solar power, federal, state and local governments — and even some utility companies — offer incentives to help make solar power more affordable and accessible. Local solar incentives vary by location and, sometimes, utility company. A lot of states offer rebates for solar panels, in addition to the federal solar tax credit. You can find out about the incentives you can take advantage of in our article on solar incentives

Environmental Impact of Switching to Solar in Michigan City

There are lots of reasons to trade traditional energy for solar power, like saving on utility bills and helping to lower your carbon footprint. Something many homeowners might have in mind is how much can they really help the environment by going solar anyway? If your household uses a lot of energy, you can have an even greater impact on the planet by switching to solar energy. In fact, if you install solar panels, you could be looking at reducing your carbon dioxide emissions by about 90 pounds each year. If you want to do your part for the environment, you'll most likely get that there are many benefits of adopting solar energy other than just saving money on bills. You can also help protect the environment, which some would argue is worth more.