17 Best Solar Companies in Winchester, IN (Oct 2022 Review)

The Cost and Benefits of Solar in Winchester

For many homeowners, whether or not to invest in solar energy comes down to the cost. The cost of solar and the savings it generates vary depending on some key factors such as:

• Energy consumption: Solar may be too steep of an option for families that don't need a lot of energy a month.
• The amount of sunlight your roof gets: If your roof doesn't see much direct sunlight, your solar panels won't be able to make as much energy, which will leave you with lower savings on power bills than a house with a roof that gets plenty of sunlight.
• Choice of solar panels: The kind of solar panels you need 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 you don't need to maximize efficiency, you can go with a higher number of more affordable panels.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you receive a tax credit curretnly worth 30% of your overall installation cost, your state or local government may offer additional tax exemptions, credits or rebates that will help you save even more. Aside from incentives, you can save an average of $19,000 over 20 years with your system, too.

So is a solar panel system worth it? Whether you hope to reduce your energy bills, greenhouse gas emissions or both, solar panels are a worthwhile investment for many Winchester homeowners.

Solar Incentives in Winchester

Switching to solar power has lots of great benefits. Not only can it help preserve the environment, but you can also save a good amount of money on your installation with various government incentives. These incentives usually include cash rebates, tax benefits and/or performance-based incentives. They can cut the cost of installing solar panels by 26 to 50% in some cases. In the table below, you can find out about the incentives you qualify for near you.

Environmental Impact of Switching to Solar in Winchester

Going solar can have a beneficial impact on the environment. A question many might be wondering about is how much can they really help preserve the environment by switching to solar power anyway? No matter where you are, you can help the planet by switching to solar energy, but homes that consume lots of energy will have a bigger impact. In Winchester, the average person can lower their carbon footprint by 90 pounds a year after going solar. The perks of solar power are abundant — just like solar power is! That's why so many homeowners have been happy with making the switch to solar.