12 Best Solar Companies in Heath, MI (Mar 2023 Review)

The Cost and Benefits of Solar in Heath

We know that for lots of homeowners, the choice to invest in solar comes down to installation costs. The overall price and potential savings vary depending on some key factors such as:

• The kind of solar panel system you can afford: This hinges on what your budget is.
• Incentives: The federal solar investment tax credit currently lets you reduce your taxes by 30% of the project cost. Your state may also have incentives and rebates that you can use. In addition, you can save about $22,000 over 20 years on your utility bills, not including incentives.
• Energy consumption: Installing a solar system may be too steep of an option for homes that don't need too much energy each month.
• Your current electric bills: Solar panels can noticeably lower, or completely get rid of, your utility bills. In Heath, you can save an average of $115 a month.

Though a solar panel system costs a sizable chunk of money upfront, it can save you much more over the lifespan of your panels. The question of how much, though, depends on several factors, including the size of your solar panel system and incentives.

Solar Incentives in Heath

Although installing solar panels is typically a $15,000 to $25,000 investment, it can save you a lot of money over many years because of reduced utility bills and government incentives. There are quite a few federal, state and local rebates and tax credits that let you earn anywhere from 30% to 50% of your money back after installing a qualifying system. For comprehensive information about incentives for homeowners in Heath, check out our our article on solar incentives.

Environmental Impact of Switching to Solar in Heath

Many want to do what they can to help the environment, which in many cases is the main motivation to install a solar system. Something many homeowners might have in mind is how much can they really help save the environment by switching to solar power anyway? In a place like Heath where commute times can be pretty long, using solar power can help offset some of your carbon dioxide emissions from driving. Because solar panels don't release greenhouse gas emissions into the atmosphere when producing electricity, they're a good substitute for traditional energy sources. In fact, you could lower your carbon dioxide emissions by about 100 pounds each year. For homeowners who are worried about the environment, the upfront cost of solar is a small price to pay for reducing your carbon footprint.