15 Best Solar Companies in Ashland, KY (Sep 2022 Review)

The Cost and Benefits of Solar in Ashland

While solar panels can save you a decent chunk of change on energy bills over time, it's important to consider the upfront costs. The cost and possible savings vary depending on a few important factors such as:

• Your city: This affects how much sunlight your roof receives, which helps determine how many panels you need.
• System size and type: Some models are more pricy than others, so the one you want can raise or lower your upfront cost. Plus, the more solar panels you need to get, the more it'll cost.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you deduct 30% of your overall installation cost, your local government may offer additional tax exemptions, credits or rebates that can help you save even more. Excluding incentives, you can save an average of $17,000 over the first 20 years with your system, too.
• Energy consumption: Solar may be too pricey an option for households that don't consume a good amount of energy per month.

Solar is a valuable investment for most homeowners. You can make your own energy instead of paying for it from a utility company and make use of solar incentives and rebates, all while helping preserve the environment.

Solar Incentives in Ashland

Switching to solar power has lots of great benefits. Not only can it help protect the Earth, but you can also save a good amount of money on your installation with various government incentives. You qualify for the federal solar investment tax credit (ITC) for the tax year you turn on your a solar system. You can also possibly stack the ITC with other state and city incentives. The table below gives you an idea of the incentives you can benefit from in Ashland.

Environmental Impact of Switching to Solar in Ashland

Many want to do what they can to help the environment, which in many cases is the primary motivation to install a solar system. But how much can installing solar panels actually help the environment? The amount of energy you use is a key factor to keep in mind. The more electricity your household consumes, the larger your impact when you go solar. When you go solar, your carbon emissions can be lowered by about 90 pounds a year. If you want to do what you can for the environment, you'll no doubt understand that there are many good things about adopting solar energy other than just saving money on bills. You can also help protect the environment, which some would argue is invaluable.