12 Best Solar Companies in Ofallon, MO (Nov 2022 Review)

The Cost and Benefits of Solar in Ofallon

Although solar panels can help save you a decent chunk of change on energy over time, it's necessary to know the upfront costs. The installation cost is just one important factor you should take into account when looking into installing solar panels. How much it'll cost and how much you can save depend on things such as:

• The model of solar panels you want: More efficient models have higher prices, so that will influence your budget for your solar project.
• Incentives: The federal solar investment tax credit currently allows you to decrease 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. Plus, you can save about $15,000 over 20 years on your utility bills, without incentives.
• How much sunlight your roof gets: If your rooftop doesn't see much direct sunlight, your solar system won't be able to make as much energy, which will give you lower savings on energy bills than a roof that gets lots of sunlight.
• Typical energy usage: The more energy your household uses on average and the steeper your current energy bills are, the more money you could save by making the switch to solar.

So is buying solar panels worth it? Whether you'd like to reduce your energy bills, greenhouse gas emissions or both, solar panels are a great investment for many Ofallon homeowners.

Solar Incentives in Ofallon

There are many good reasons why adopting solar power is beneficial. One of them involves some government incentives you can take advantage of. You are eligible for the federal solar investment tax credit (ITC) for the tax year you turn on your a solar system. You can also possibly pair the ITC with other state and city rebates and benefits. Our article on solar incentives has more information on the incentives you can take advantage of in Ofallon.

Environmental Impact of Switching to Solar in Ofallon

Lots of people want to do what they can for the environment, which in many cases is the main motivation to install solar panels. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Ofallon, though. The amount of energy you use is an important factor to think about. The more energy your household consumes, the larger your impact when you make the switch to solar power. If you go solar, your carbon emissions can be cut by about 100 pounds a year. As you can see, trading traditional energy for solar has so many other rewards apart from saving money. One of the primary ones is that you can help save the environment too.