15 Best Solar Companies in Ashland, KY (Jan 2023 Review)

The Cost and Benefits of Solar in Ashland

We understand that for many homeowners, the choice to invest in solar highly depends on installation costs. The installation cost is just one important factor you should bear in mind when looking into getting solar panels. How much it'll cost and how much you can save depend on things such as:

• How much power your home consumes: Homes that need a lot of power each month may call for more solar panels and, as a result, more upfront cost, but will also enjoy more savings over time.
• Where your home is: This affects how much sunlight your roof receives, 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 city may also have incentives and rebates that you can benefit from. In addition, you can save about $17,000 over 20 years on your utility bills, before factoring in incentives.
• Your income and budget: This affects what model of solar panels you can purchase.

Though a solar panel system costs a sizable chunk of money upfront, it can save you much more over the lifespan of your panels. The question of how much, though, depends on a number of factors, including the size of your house and your local electricity rates.

Solar Incentives in Ashland

There are several reasons why you should switch to solar. One of them involves some government incentives you can take advantage of. In addition to the federal tax credit incentive, there are also some local incentives, which in the majority of cases, stack with the federal incentive, so you get to save even more. For comprehensive information about incentives for homeowners in Ashland, check out our our article on solar incentives.

Environmental Impact of Switching to Solar in Ashland

There are tons of reasons to switch to solar power, like saving on utility bills and helping to reduce your carbon footprint. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Ashland, though. In a city like Ashland where energy use is particularly high, switching to solar energy is a great idea for households who are worried about the state of the planet. Since solar panels don't release CO2 emissions into the atmosphere when creating electricity, they're a good substitute for nonrenewable energy sources. In fact, you could look forward to lowering your carbon dioxide emissions by about 90 pounds each year. If you want to do what you can for the environment, you'll likely get that there are many benefits of adopting solar power other than just saving money on bills. You can also help protect the environment, which some would argue is priceless.