11 Best Solar Companies in Akron, OH (Jul 2022 Review)

The Cost and Benefits of Solar in Akron

For many homeowners, whether or not to invest in solar panels boils down to the cost. There are several factors you should take into consideration when trying to figure out how much it will cost and how much you can save, such as:

• System size and type: Some models are more pricy than others, so the one you get can raise or lower your upfront cost. Plus, the more solar panels you need to get, the more it'll cost.
• Energy consumption: Installing solar panels may be too steep of an investment for households that don't need too much energy each month.
• Incentives: One thing that can save you money on your solar project is the solar investment tax credit (ITC), which is a tax credit that's equal to a percentage of the project cost. You can also save money on your power bills, which can result in an average of $13,000 of savings over 20 years.
• The amount of sunlight your area gets: Due to Akron's relatively low amount of average daily sunlight, you might not see as many savings on your energy bills.

There are lots of great benefits of solar even with the upfront cost of installation. It can help the Earth and your wallet. Additionally, it can increase the value of your home, leading to even more benefits if you decide to sell your home later.

Solar Incentives in Akron

There are many good reasons why adopting solar power is beneficial. One of them includes some government incentives you can take advantage of. In addition to the federal solar investment tax credit, there are also some local benefits, which in the majority of cases, can be claimed in addition to the federal incentive, so you can save even more. In the table below, you can find out about the incentives you qualify for in your area.

Environmental Impact of Switching to Solar in Akron

There are a few primary reasons why people are interested in solar energy: to put more money in their bank account and to help the planet. Something many people might be asking themselves is how much can they really help the environment by switching to solar power anyway? As reported by the EPA, electricity production is the second greatest source of greenhouse gas emissions and about 62% of our electricity is generated by burning fossil fuels. Switching to a clean energy source like solar power can help put a dent in that statistic in a city like Akron that generates a sizable amount of carbon dioxide emissions each year. In fact, if you make the switch to solar power, you could look forward to lowering your carbon dioxide emissions by about 80 pounds each year. As you can see, investing in solar has so many other rewards outside of saving money. One of the most important ones is that you can help save the Earth too.