15 Best Solar Companies in Terre Haute, IN (2023 Reviews)

The Cost and Benefits of Solar in Terre Haute

Solar panels are powered by a free energy source — the sun — but before you can take advantage of this you first need to pay to set up your panels. The installation cost is just one important factor you should consider when looking into installing solar panels. How much it'll cost and how much you can save depend on things including:

• Choice of solar panels: The type of solar panels you buy 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 space isn't a constraint for your project, you can opt for a higher number of more affordable panels.
• The amount of sunlight your roof gets: This, along with how your roof is set up, affects affect how much energy your solar panels can generate.
• Electricity consumption: The average household in Terre Haute uses a lot of energy, and as a result may see more savings on electricity bills than other places.
• 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 your solar system installation from your taxes. Additionally, not including incentives, you can save about $18,000 over 20 years on your energy bills.

Although a solar panel system costs a sizable chunk of money upfront, it can save you a considerable amount in the long term. The question of how much, though, depends on several factors, such as the size of your house and your energy consumption.

Solar Incentives in Terre Haute

Since solar power is better for the environment than traditional energy sources, there are various government incentives in place to encourage its adoption. State and city solar incentives depend on the location and, sometimes, utility company. A lot of states offer rebates for solar power systems, in addition to the federal solar tax credit. For more information about incentives that apply to you, visit our our article on solar incentives.

Environmental Impact of Switching to Solar in Terre Haute

One of the best reasons to tap into solar energy is to reduce your dependence on traditional energy sources like burning fossil fuels, which are harmful for the environment. You may be curious — how much do solar panels do for the planet anyway? The more power your household uses, the better off the planet will be if you switch to solar as you won't have to use as much nonrenewable energy. When you go solar, your carbon emissions can be lowered by about 90 pounds a year. The benefits of solar power are infinite — just like solar power is! That's why so many homeowners have been happy with using solar energy.