15 Best Solar Companies in Muncie, IN (Oct 2022 Review)

The Cost and Benefits of Solar in Muncie

When picking a solar company, most homeowners or business owners worry about the costs above all. Some main factors that affect how much it will cost to install a solar panel system on your home and how much it could save you over time are:

• Your energy consumption: If your household needs to use a lot of energy, you'll see more savings from going solar.
• The amount of sunlight your house gets: Because of Muncie's high amount of average daily sunlight, you should be able to save a decent amount on your power bills.
• Incentives: The federal solar investment tax credit, which everyone qualifies for, allows you to deduct 30% of the cost of your solar system installation from your federal taxes. Additionally, not including incentives, you can save about $17,000 over 20 years on your energy bills.
• Choice of solar panels: The kind of solar panels you choose will affect your total cost. High-efficiency monocrystalline panels will cost more upfront but can also save you more money 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.

Though a solar panel system costs a sizable chunk of money upfront, it can save you much more over time. The question of how much, though, depends on several factors, like the amount of daily direct sunlight available and your current power bills.

Solar Incentives in Muncie

There are a lot of reasons why going solar is a great investment. One of them consists of some government incentives you can take advantage of. State and city solar incentives depend on the location and, sometimes, utility company. Many states offer rebates for solar power, in addition to the federal solar tax credit. In the table below, you can read about the incentives you qualify for near you.

Environmental Impact of Switching to Solar in Muncie

If you're planning on adding solar panels to your home, one of the main reasons why may be to lower your greenhouse gas emissions. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Muncie, though. One thing to keep in mind is your overall carbon footprint. For example, if you have a long commute time and have an electric vehicle, you can use solar energy for your home to power your EV and therefore help offset your carbon emissions. When you go solar, your carbon footprint can be cut by about 90 pounds every year. Since solar energy is renewable and makes electricity without releasing carbon emissions, making the switch to solar power is one easy step you can take to help the environment.