15 Best Solar Companies in Francisville, KY (2023 Reviews)

The Cost and Benefits of Solar in Francisville

The cost of putting up a solar panel system has dropped significantly over the past several years, but it's still a large investment for most homeowners. Some important things that affect the cost and possible savings include:

• The amount of sunlight your house gets: Due to Francisville's high amount of average daily sunlight, you should be able to save a decent amount on your power bills.
• The type of solar panel system you can purchase: This is dependent on what your budget is.
• Incentives: The federal solar investment tax credit, which can save you some money, allows you to deduct 30% of the cost of your solar system installation from your taxes. Additionally, not including incentives, you can save about $14,000 over 20 years on your energy bills.
• How much power your household needs: If your home uses a lot of energy, you'll benefit more from going solar.

Even though a solar panel system costs a good chunk of money upfront, it can save you a considerable amount over time. The question of how much, though, depends on several factors, like the angle of your roof and incentives.

Solar Incentives in Francisville

Since solar power is a cleaner source of energy than traditional energy sources, there are some government incentives in place to encourage its adoption. Everyone can take advantage of the federal Solar Investment Tax Credit (ITC), which will allow you to claim 30% of how much you paid for your solar installation on your tax return, reducing the amount of taxes you owe that year. Plus, there may be some state and city incentives you can benefit from too. For detailed information about local incentives, visit our our article on solar incentives.

Environmental Impact of Switching to Solar in Francisville

Installing solar panels can have a positive effect on the environment. But you may be curious — how much exactly can you help the environment by going solar? In Francisville, where the energy generation can be rather dirty, going solar can have a huge impact on the planet since solar power is an abundant source of clean energy. Because solar panels don't release carbon dioxide emissions into the atmosphere when generating electricity, they're a good substitute for nonrenewable energy sources. In fact, you could look forward to lowering your carbon dioxide emissions by about 80 pounds each year. If you care about the environment, you'll most likely recognize 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 priceless.