14 Best Solar Companies in Anderson, OH (Mar 2023 Review)

The Cost and Benefits of Solar in Anderson

For many homeowners, whether or not you should invest in solar panels depends the most on the cost. There are a few factors you should take into consideration when trying to figure out the overall cost and how much you can save, including:

• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you deduct 30% of your total installation cost, your state or local government may offer additional tax exemptions, credits or rebates that can help you save even more. Excluding incentives, you can save an average of $12,000 over the first 20 years with your solar panels, too.
• Choice of solar panels: The type of solar panels you get will affect your total cost. High-efficiency monocrystalline panels will cost more upfront but can also save you more money 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.
• The amount of sunlight your city gets: Thanks to Anderson's high amount of average daily sunlight, you should be able to save a decent amount on your electricity bills.
• How much energy costs for you: If your local utility rates are high, there's a better chance you'll have a higher return on your investment in a solar panel system. In Anderson, you can save an average of $81 a month on your electricity bills.

Although a solar panel system costs a sizable chunk of money upfront, it can save you much more over time. The question of how much, though, depends on a number of factors, like the kind of solar panels you get and incentives.

Solar Incentives in Anderson

One of the great things about installing a solar panel system is receiving government incentives. Local solar incentives vary by location and, sometimes, utility company. Many states offer rebates for solar power systems, in addition to the federal solar tax credit. Our article on solar incentives goes over more in-depth information on the incentives you can find in Anderson.

Environmental Impact of Switching to Solar in Anderson

There are a few primary reasons why many people are considering solar energy: for the good of their bank accounts and the planet. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Anderson, though. The amount of energy you use is a key factor to keep in mind. The more power you use, the bigger your impact when you go solar. Once you go solar, your carbon dioxide emissions can be lowered by about 90 pounds a year. As you can see, trading traditional energy for solar has so many other perks apart from saving money. One of the most important ones is that you can help save the Earth too.