10 Best Solar Companies in Indianola, MS (Jan 2023 Review)

The Cost and Benefits of Solar in Indianola

The cost of installing a solar panel system has decreased immensely in the past several years, but it's still a substantial investment for most homeowners. There are several factors you should consider when determining how much it will cost and how much you can save, such as:

• Average daily sunlight: Since Indianola gets lots of sunlight, your solar panel system will most likely be able to produce enough energy to power your whole home, which influences how much your electricity bills will be.
• Electricity consumption: The average household in Indianola uses a lot of energy, and so may see more savings on electricity bills than other places.
• Incentives: One thing that can make your solar project cost less is the solar investment tax credit (ITC), which is a tax credit that lets you deduct from your taxes a percentage of the project cost. You can also save on your utility bills, which can lead to an average of $19,000 of savings over 20 years.
• The kind of solar panels you're thinking of getting: Higher-efficiency panels are more expensive, so that will influence your budget for your solar project.

Even though a solar panel system costs a good chunk of money upfront, it can save you much more over the lifespan of your panels. The question of how much, though, depends on a number of factors, like the angle of your roof and your current power bills.

Solar Incentives in Indianola

In order to increase solar panel installation and usage, federal, state and local governments — and even some utility companies — offer incentives to help make going solar more economical and accessible. On top of the federal solar investment tax credit, there are also some state- and city-level programs, which in almost all cases, can be claimed in addition to the federal incentive, so you can save even more. For comprehensive information about incentives that apply to you, check out our our article on solar incentives.

Environmental Impact of Switching to Solar in Indianola

There are a few key reasons why many people are interested in solar energy: to put more money in their bank account and to help the planet. But how much can installing solar panels actually affect the environment? Your energy usage is a key factor to keep in mind. The more energy your household consumes, the bigger your impact when you make the switch to solar power. In Indianola, the average household can reduce their carbon footprint by 70 pounds a year after going solar. As you can see, using solar power has so many other perks apart from saving money. One of the primary ones is that you can help save the planet too.