17 Best Solar Companies in Berea, KY (2023 Reviews)

The Cost and Benefits of Solar in Berea

Although solar panels can save you a decent chunk of change on energy over time, it's important to take into consideration the upfront costs. The installation cost is just one important factor you should take into account when looking into getting solar panels. How much it'll cost and how much you can save depend on things including:

• How much sunlight your roof gets: This, along with the configuration of your roof, affects affect how much electricity your solar panels can generate.
• Your energy consumption: If your family uses a lot of energy, you'll benefit more from installing solar panels.
• System size and type: Some models are more expensive than others, so the one you want to get can raise or lower your upfront cost. Plus, the more solar panels you need, the more it'll cost.
• Incentives: Tax-paying citizens who purchase and install a solar energy system this year can save 30% of their total solar spend by using the federal solar investment tax credit. You can also save about $15,000 on your energy bills over 20 years without incentives.

There are several good benefits of solar even with the initial cost of installation. It can help the environment and your finances. Additionally, it can boost the value of your home, leading to even more benefits if you want to sell your home later.

Solar Incentives in Berea

There are many reasons why you should switch to solar. One of them consists of some government incentives that can help save you some money. Regardless of what state you live in, you can take advantage of the federal Solar Investment Tax Credit (ITC), which allows you to claim 30% of how much your solar project cost on your tax return, lowering the amount of taxes you owe that year. Plus, there may be some state and city incentives that stack with the ITC too. Take a look at our article on solar incentives to find out what incentives you can take advantage of.

Environmental Impact of Switching to Solar in Berea

One reason so many homeowners are thinking of adopting solar energy is to help bring down their environmental impact. You may be curious — how much does making the switch help the environment anyway? If your home uses lots of energy, you can have an even greater impact on the planet by switching to solar energy. In fact, if you install solar panels, you could be looking at reducing your carbon dioxide emissions by about 80 pounds each year. For people who care about the environment, the upfront cost of solar is a small price to pay for reducing your carbon footprint.