18 Best Solar Companies in Tipton, IN (Feb 2023 Review)

The Cost and Benefits of Solar in Tipton

Solar panels run off a free energy source — the sun — but before you can take advantage of this you must first pay to set up your system. Some important things that influence the upfront cost and potential savings over time include:

• Choice of solar panels: The type of solar panels you choose 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.
• Your location: This affects the average daily sunlight your roof gets, which helps determine how many panels you need.
• Incentives: The federal solar investment tax credit currently lets you reduce your taxes by 30% of the project cost. Your state and even local utility companies may also have various incentives that you can take advantage of. Plus, you can save about $15,000 over 20 years on your utility bills, not including incentives.
• Your home's power bills: Because of very high monthly electricity bills in Tipton, you could save about $1,400 a year with solar.

So is a solar system worth it? Whether you want to lower your energy bills, carbon emissions or both, solar panels are a good investment for many Tipton homeowners.

Solar Incentives in Tipton

Since solar power is more sustainable than fossil fuels, there are several government incentives in place to encourage its adoption. Everyone can take advantage of the federal Solar Investment Tax Credit (ITC), which lets you claim 30% of your project costs on your tax return, reducing the amount of taxes you owe that year. Plus, there may be some state and city incentives that stack with the ITC too. Check out our article on solar incentives to see what incentives are available to you.

Environmental Impact of Switching to Solar in Tipton

Installing solar panels can have a positive effect on the environment. But how much can using solar energy instead of traditional energy actually affect the environment? No matter where you are, you can help protect the planet by switching to solar energy, but homes that consume more energy will have a greater impact. Because solar panels don't release greenhouse gas emissions into the atmosphere when producing electricity, they're a good alternative to nonrenewable energy sources. In fact, you could lower your carbon dioxide emissions by about 90 pounds each year. Since solar energy is abundant and produces electricity without a carbon footprint, making the switch to solar power is one easy step you can take to help preserve the planet.