18 Best Solar Companies in Mount Sterling, KY (Jan 2023 Review)

The Cost and Benefits of Solar in Mount Sterling

For many people considering switching to solar, the decision of which solar company to choose comes down to costs. Some important things that determine the upfront cost and potential savings over time include:

• Typical energy usage: The more power your home uses on average and the larger your current power bills are, the more likely you'll benefit from going solar.
• How much sunlight your roof gets: This, plus the configuration of your roof, affects affect how much energy your solar panels can produce.
• Incentives: The federal solar investment tax credit currently allows you to reduce your taxes by 30% of the project cost. Your state and even local utility companies may also have various incentives that you can take advantage of. In addition, you can save about $15,000 over 20 years on your utility bills, not including incentives.
• The kind of solar panel system you can purchase: This is dependent on how much you're willing to invest upfront.

Solar is a rewarding investment for most homeowners. You can produce your own energy instead of paying for it from the grid and benefit from solar tax credits and rebates, all while helping the Earth.

Solar Incentives in Mount Sterling

Since solar power is a cleaner source of energy than traditional energy sources, there are various government incentives available to encourage people to make the switch. When you install solar panels on your house, you become eligible to claim the federal tax credit, or ITC. This credit currently reduces your tax bill by 30% of the cost of your solar panels. Plus, there are often some local incentives that you can use to further save. Check out our article on solar incentives to learn what incentives you can take advantage of.

Environmental Impact of Switching to Solar in Mount Sterling

Swapping traditional energy for solar is a good way to do your part for a more eco-friendly future. But how much can installing solar panels actually affect the environment? The more energy you use, the better off the planet will be when you switch to solar since you won't have to use as much nonrenewable energy. In Mount Sterling, the average person can reduce their carbon footprint by 80 pounds a year once they go solar. As you can see, trading traditional energy for solar has so many other rewards besides saving money. One of the most important ones is that you can help save the Earth too.