9 Best Solar Companies in Cleveland, MS (Feb 2023 Review)

The Cost and Benefits of Solar in Cleveland

Solar panels are powered by a free energy source — the sun — but to take advantage of this you will first need to pay to set up your panels. There are a few factors you should consider when determining how much it will cost and how much you can save, such as:

• Choice of solar panels: The type of solar panels you get will affect your total cost. High-efficiency monocrystalline panels are more expensive upfront but can also lead to more savings over the lifetime of your system. If space isn't a constraint for your project, you can opt for a higher number of more affordable panels.
• Incentives: The federal solar investment tax credit, which everyone in the U.S. is eligible for, allows you to deduct 30% of the cost of your solar system installation from your taxes. Additionally, not including incentives, you can save about $17,000 over 20 years on your energy bills.
• Electricity consumption: The average home in Cleveland uses a lot of energy, and consequently may see more savings on electricity bills than other places.
• Where your home is: This influences how much sunlight your roof gets, which helps determine how many panels you need.

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

Solar Incentives in Cleveland

Although installing solar panels is typically a $15,000 to $25,000 investment, it can save you much money over many years because of reduced power bills and government incentives. These incentives mostly include cash rebates, tax credits and/or solar renewable energy credits. They can cut the cost of installing solar panels by 30%, upwards of 50% in some cases. For detailed information about incentives that apply to you, see our our article on solar incentives.

Environmental Impact of Switching to Solar in Cleveland

Installing solar panels can have a beneficial impact on the environment. Something many might be wondering about is how much can they really help protect the environment by going solar anyway? For those who care about the environment, going solar is an easy decision, especially since Cleveland produces a high amount of carbon dioxide emissions from its energy generation. Because solar panels don't release greenhouse gas emissions into the atmosphere when generating electricity, they're a good alternative to traditional energy sources. In fact, you could reduce your carbon dioxide emissions by about 70 pounds each year. For those who want to help the environment, the upfront cost of solar is a small price to pay for the offset carbon emissions.