16 Best Solar Companies in Highland Heights, KY (Sep 2022 Review)

The Cost and Benefits of Solar in Highland Heights

For lots of homeowners, the decision to invest in solar energy comes down to the cost. There are several factors you should consider when trying to determine costs and your potential savings, including:

• Energy consumption: Solar may be an expensive option for homes that don't consume a good amount of energy a month.
• The amount of sunlight your roof gets: If your rooftop gets limited direct sunlight, your solar system won't be able to produce as much energy, which will give you lower savings on electric bills than someone with a roof that gets lots of sunlight.
• 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. Plus, not including incentives, you can save about $12,000 over 20 years on your energy bills.
• Your income and budget: This shapes 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 time. The question of how much, though, depends on a number of factors, such as the size of your house and your local electricity rates.

Solar Incentives in Highland Heights

There are many good reasons why adopting solar power is beneficial. One of them includes some government incentives you can take advantage of. There are several federal, state and local rebates and tax credits that let you earn anywhere from 26% to 50% of your money in return after installing solar panels. The table below gives you an idea of the incentives you can take advantage of in Highland Heights.

Environmental Impact of Switching to Solar in Highland Heights

There are a few key reasons why people are interested in solar energy: to put more money in their bank account and to help the planet. A question many might have in mind is how much can they really help the environment by going solar anyway? How much energy you use is an important factor to consider. The more energy your home uses, the bigger your impact when you switch to solar energy. Although solar panel manufacturing emits carbon dioxide, the panels make up for it by greatly decreasing the amount of CO2 you would have released if you still used traditional energy. In Highland Heights, you can reduce your carbon footprint by 80 pounds a year with solar panels. If you want to do your part for the environment, you'll likely get that there are many benefits of adopting solar energy other than just saving money on bills. You can also help preserve the environment, which some would argue is priceless.