16 Best Solar Companies in Russell, KY (2023 Reviews)

The Cost and Benefits of Solar in Russell

For many readers, the decision of which solar company to hire comes down to how much it'll cost. A few key factors that influence how much it will cost to install solar panels on your home and how much it could save you over time include:

• The model of solar panels you can buy: This depends 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 federal taxes. In addition, not including incentives, you can save about $17,000 over 20 years on your energy bills.
• Your location: This influences the average daily sunlight your roof gets, which helps determine how many panels you need.
• Energy consumption: Solar may be a high-cost option for households that don't use too much energy each month.

There are lots of good benefits of solar despite the initial cost of installation. It can help the environment and your wallet. In addition, it can increase the value of your home, leading to even more benefits if you want to sell your home later.

Solar Incentives in Russell

Because solar power is better for the environment than fossil fuels, there are some government incentives in place to encourage people to make the switch. On top of the federal solar investment tax credit, there are also some local incentives, which in the majority of cases, can be claimed in addition to the federal incentive, so you can save even more. In our article on solar incentives, you can see the incentives you qualify for in your area.

Environmental Impact of Switching to Solar in Russell

One of the most compelling reasons to adopt solar energy is to cut your dependence on nonrenewable energy sources like burning fossil fuels, which are damaging for the environment. A question many might be asking themselves is how much can they really help the environment by going solar anyway? If your household uses lots of energy, you can impact the environment even more by switching to solar power. Since solar panels don't release greenhouse gas emissions into the atmosphere when generating electricity, they're a good substitute for nonrenewable energy sources. In fact, you could expect to reduce your carbon dioxide emissions by about 90 pounds each year. As you can see, going solar has so many other benefits outside of saving money. One of the main ones is that you can help save the Earth too.