10 Best Solar Companies in Noblesville, IN (Aug 2022 Review)

The Cost and Benefits of Solar in Noblesville

Solar panels are powered by a free energy source — the sun — but to take advantage of this you will need to pay to set up your system. Some key things that impact how much it will cost and how much you could save include:

• Energy consumption: Installing a solar system may be a high-cost option for households that don't need a good amount of energy per month.
• Incentives: Tax-paying citizens who purchase and install a solar energy system this year can save 26% of their solar installation costs by taking advantage of the federal solar investment tax credit. You can also save about $16,000 on your utility bills over 20 years excluding incentives.
• System size and type: Some models are more expensive than others, so the one you want can raise or lower your initial investment. Plus, the more solar panels you need, the more it'll cost.
• The amount of sunlight your roof gets: If your roof doesn't see much direct sunlight, your solar system won't be able to produce as much energy, which will give you lower savings on power bills than a house with a roof that gets plenty of sunlight.

So is buying solar panels worth it? Whether you'd like to decrease your energy bills, carbon emissions or both, solar panels are a solid investment for many Noblesville homeowners.

Solar Incentives in Noblesville

Since solar power is more sustainable than burning fossil fuels, there are a number of government incentives in place to encourage people to make the switch. These incentives mostly include cash rebates, tax benefits and/or solar renewable energy credits. They can lower how much you pay for installing solar panels by 26 to 50% in some cases. In the table below, you can find out about the incentives you qualify for in Noblesville.

Environmental Impact of Switching to Solar in Noblesville

One of the best reasons to embrace solar power is to reduce your reliance on traditional energy sources like burning fossil fuels, which are hazardous for the environment. You may be trying to figure out — how much does making the switch help the environment anyway? In a city like Noblesville where energy use is particularly high, going solar is a fantastic idea for people who care about the planet. Because solar panels don't release carbon dioxide emissions into the atmosphere when generating electricity, they're a good swap for traditional energy sources. In fact, you could look forward to lowering your carbon dioxide emissions by about 90 pounds each year. As you can see, trading traditional energy for solar has so many other rewards besides saving money. One of the primary ones is that you can help save the environment too.