14 Best Solar Companies in Odessa, MO (Mar 2023 Review)

The Cost and Benefits of Solar in Odessa

Although solar panels can help save you a good amount of money on energy over time, it's important to know the upfront costs. The cost of solar and the savings it generates vary depending on some important factors such as:

• Your income and budget: This guides what kind of solar panels you can purchase.
• Your household's power bills: Based on the fairly high monthly electric bills in Odessa, you could save about $1,300 a year with solar.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which gives you a tax credit currently worth 30% of your overall installation cost, your local government may offer additional tax exemptions, credits or rebates that can help you save even more. Aside from incentives, you can save an average of $17,000 over 20 years with your system, too.
• Your location: This influences the average daily sunlight your roof gets, which helps determine how many panels you need.

Solar is a rewarding investment for most homeowners. You can generate your own energy instead of paying for it from the grid and take advantage of solar incentives and rebates, all while helping the planet.

Solar Incentives in Odessa

Although a solar power system is typically a big investment, it can save you a substantial amount of money over several years due to smaller energy bills and government incentives. On top of the federal tax credit incentive, there are also some state- and city-level incentives, which in most cases, stack with the federal incentive, so you get to save even more. You can learn about the incentives you can take advantage of in our article on solar incentives

Environmental Impact of Switching to Solar in Odessa

Switching to solar energy can have a positive effect on the environment. Something many homeowners might be asking themselves is how much can they really help preserve the environment by switching to solar power anyway? In a city like Odessa where energy use is rather high, switching to solar energy is a great plan for people who want to do their part for the environment. In fact, if you install solar panels, you could lower your carbon dioxide emissions by about 90 pounds each year. As you can see, investing in solar has so many other perks besides saving money. One of the major ones is that you can help save the environment too.