16 Best Solar Companies in Westfield, IN (Sep 2022 Review)

The Cost and Benefits of Solar in Westfield

When picking a solar company, most homeowners or business owners worry about the costs the most. The cost and possible savings vary depending on some key factors such as:

• Energy consumption: Installing a solar system may be an expensive investment for households that don't consume too much energy a month.
• 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 state or local government may offer additional tax exemptions, credits or rebates that will help you save even more. Excluding incentives, you can save an average of $17,000 over the first 20 years with your solar system, too.
• The amount of sunlight your roof gets: If your rooftop doesn't get a lot of direct sunlight, your solar system won't be able to produce as much energy, which will leave you with lower savings on energy bills than a house with a roof that gets plenty of sunlight.
• Your household's power bills: Because of very high monthly electricity bills in Westfield, you could save about $1,600 a year with solar.

Because of solar panels now being cheaper than ever as well as various solar incentives, they are a solid investment for the majority of homeowners.

Solar Incentives in Westfield

There are lots of reasons why going solar is a great investment. One of them consists of some government incentives that can save you money. When you install solar panels, you can claim the federal tax credit, or ITC. This credit currently lets you lower your tax bill by 30% of the cost of your solar panels. Plus, there may often be some regional incentives that you can use to further save. In the table below, you can find out about the incentives you qualify for in your area.

Environmental Impact of Switching to Solar in Westfield

Installing solar panels is a compelling way to do what you can for a more sustainable future. A question many homeowners might be wondering about is how much can they really help save the environment by going solar anyway? Something that can drastically shape your carbon footprint is how long your commute is and how much you drive generally. If you switch to solar power and have an electric car, you can greatly decrease your carbon dioxide emissions by charging your car at home. Since solar panels don't release carbon dioxide emissions into the atmosphere when creating electricity, they're a good trade for nonrenewable energy sources. In fact, you could be looking at reducing your carbon dioxide emissions by about 90 pounds each year. Since solar energy is plentiful and generates electricity without releasing carbon emissions, making the switch to solar power is one easy step you can take to help preserve the planet.