18 Best Solar Companies in Plymouth, IN (Mar 2023 Review)

The Cost and Benefits of Solar in Plymouth

Even though solar panels can save you a good amount of money on energy over time, it's important to know the upfront costs. Some important things that impact the upfront cost and potential savings over time include:

• The make and model of solar panels you want to get: Some are more costly, so that will influence your budget for your solar project.
• Incentives: The federal solar investment tax credit, which everyone in the U.S. is eligible for, allows you to deduct 30% of the cost of installing your solar panel system from your taxes. Plus, not including incentives, you can save about $20,000 over 20 years on your energy bills.
• Average daily sunlight: Since Plymouth gets a decent amount of average daily sunlight, your solar panels can generally generate enough energy to power your whole home, which affects how much you can save on your energy bills.
• Electricity consumption: The average home in Plymouth uses a lot of energy, and as a result may see more savings on electricity bills than other places.

There are many great benefits of solar in spite of the initial cost of installation. It can help the planet and your bank account. In addition, it can boost the value of your home, leading to even more benefits if you want to sell your home later.

Solar Incentives in Plymouth

Adopting solar power has plenty of great benefits. Not only can it help protect the planet, but you can also save a good amount of money on your installation with various government incentives. No matter what state you live in, you can take advantage of the federal Solar Investment Tax Credit (ITC), which allows you to claim 30% of how much you paid for your solar installation on your tax return, lowering the amount of taxes you owe that year. Additionally, there may be some local incentives that can save you some extra money too. You can learn about the incentives available to you in our article on solar incentives

Environmental Impact of Switching to Solar in Plymouth

If you're thinking of adding solar panels to your home, one of the main reasons why may be to reduce your reliance on nonrenewable energy. But how much can installing solar panels actually help the environment? In a city like Plymouth where energy use is particularly high, going solar is a fantastic idea for people who care about the planet. Since solar panels don't release greenhouse gas emissions into the atmosphere when creating electricity, they're a good swap for traditional energy sources. In fact, you could reduce your carbon dioxide emissions by about 90 pounds each year. For those who are worried about the environment, the upfront cost of solar is a small price to pay for reducing your carbon footprint.