11 Best Solar Companies in Seymour, IN (Jan 2023 Review)

The Cost and Benefits of Solar in Seymour

Although solar panels can save you a good amount of money on electricity bills over time, it's necessary to take into consideration the startup costs. Some important things that influence how much it will cost and how much you could save include:

• How much sunlight your roof gets: If your roof doesn't see much direct sunlight, your solar panels won't be able to generate as much energy, which will leave you with lower savings on power bills than someone with a roof that gets plenty of sunlight.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you receive a tax credit curretnly worth 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 $18,000 over 20 years with your system, too.
• Choice of solar panels: The kind of solar panels you want 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 you don't need to maximize efficiency, you can go with a higher number of more affordable panels.
• Energy consumption: Installing solar panels may be a high-cost investment for households that don't need a good amount of energy each month.

So are solar panels worth it? Whether you're trying to decrease your electric bills, carbon dioxide emissions or both, solar panels are a great investment for many Seymour homeowners.

Solar Incentives in Seymour

Switching to solar power has a lot of great benefits. Not only can it help protect the planet, but you can also save a decent amount of money on your installation with various government incentives. Regardless of what state you live in, you can take advantage of the federal Solar Investment Tax Credit (ITC), which will let you claim 30% of how much you paid for your solar installation on your tax return, lowering the amount of taxes you owe that year. In addition, there may be some local incentives you can benefit from too. In our article on solar incentives, you can find out about the incentives you qualify for in Seymour.

Environmental Impact of Switching to Solar in Seymour

There are a few primary reasons why many people are interested in solar energy: to put more money in their bank account and to help the planet. But you may be wondering — how much exactly can you help the environment by using solar power? The more energy you use, the better off the planet will be if you switch to solar since you won't have to burn as many fossil fuels. After you go solar, your carbon emissions can be reduced by about 90 pounds every year. As you can see, going solar has so many other perks apart from saving money. One of the most important ones is that you can help save the environment too.