14 Best Solar Companies in Anderson, OH (Nov 2022 Review)

The Cost and Benefits of Solar in Anderson

Solar panels run off a free energy source — the sun — but before you can take advantage of this you must first pay to set up your panels. Some main factors that influence how much it will cost to install solar panels on your home and how much money you could save over time include:

• Your energy bills: This will affect your savings. In Anderson, the average resident can save about $970 a year on their electricity bills.
• Average daily sunlight: Since Anderson gets a decent amount of average daily sunlight, your solar panels can generally generate enough energy to power your whole home, which influences how much your solar panels can save you on your electricity bills.
• System size and type: Some models are more costly 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.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you deduct 30% of your overall installation cost, your local government may offer additional tax exemptions, credits or rebates that will help you save even more. Not including incentives, you can save an average of $12,000 over the first 20 years with your solar panels, too.

Although a solar panel system costs a decent chunk of money upfront, it can save you a considerable amount over the lifespan of your panels. The question of how much, though, depends on a number of factors, including the size of your solar panel system and incentives.

Solar Incentives in Anderson

Although a solar power system is typically a $15,000 to $25,000 investment, it can save you much money over many years due to lower energy bills and government incentives. On top of the federal tax credit incentive, there are also some state- and city-level benefits, which in almost all cases, stack with the federal incentive, so you get to save even more. For detailed information about local incentives, check out our our article on solar incentives.

Environmental Impact of Switching to Solar in Anderson

If you're planning on adding solar panels to your home, one of the main reasons why may be to reduce your reliance on nonrenewable energy. Something many homeowners might be wondering about is how much can they really help preserve the environment by going solar anyway? In a city like Anderson where energy use is rather high, installing solar panels is a fantastic plan for homeowners who are eco-conscious. Once you go solar, your carbon dioxide emissions can be reduced by about 90 pounds each year. The great things about solar power are abundant — just like solar power is! That's why so many Anderson residents have been happy with committing to solar.