11 Best Solar Companies in Covington, KY (Jul 2022 Review)

The Cost and Benefits of Solar in Covington

For many people, the decision of which solar installer to choose depends on costs. There are a few factors you should consider when trying to determine how much it will cost and how much you can save, such as:

• The amount of sunlight your city gets: Due to Covington's high amount of average daily sunlight, you should be able to save a decent amount on your electric bills.
• average energy usage: The more electricity your home uses on average and the higher your current electricity bills are, the more likely you'll benefit from switching to solar.
• System size and type: Some models are more pricy than others, so the one you choose can raise or lower your upfront cost. Plus, the more solar panels you need to buy, the more it'll cost.
• How much energy costs for you: The typical family in Covington pays around $1,300 a year on energy use alone, so you could end up with that much in savings.

Although a solar panel system costs a good chunk of money upfront, it can save you thousands of dollars over the lifespan of your panels. The question of how much, though, depends on several factors, such as the amount of daily direct sunlight available and incentives.

Solar Incentives in Covington

Since solar power is better for the environment than burning fossil fuels, there are various government incentives available to encourage its adoption. When you install solar panels on your home, you become eligible to claim the federal tax credit, or ITC. This credit currently reduces your tax bill by 26% of the cost of your solar panels. Additionally, there may often be some state and city incentives that you can benefit from to further cut back on the cost of solar of solar panels. You can find out about the incentives available to you in the table below.

Environmental Impact of Switching to Solar in Covington

There are a few primary reasons why homeowners are considering solar energy: to help their wallet and the environment. A question many might have in mind is how much can they really help protect the environment by switching to solar power anyway? If your home consumes lots of energy, you can have an even greater impact on the planet by switching to solar power. Even though solar panel manufacturing releases carbon dioxide emissions, the panels make up for it by significantly decreasing the amount of CO2 you would have released if you still used traditional energy. In Covington, you can reduce your carbon footprint by 80 pounds a year with solar panels. The benefits of solar power are abundant — just like solar power is! That's why so many Covington residents have been happy with using solar energy.