18 Best Solar Companies in Avon Lake, OH (Jan 2023 Review)

The Cost and Benefits of Solar in Avon Lake

For most homeowners, the decision to invest in solar panels boils down to the cost. The installation cost is just one important factor you should keep in mind when looking into getting solar panels. How much it'll cost and how much you can save depend on things such as:

• Incentives: The federal solar investment tax credit, which everyone qualifies for, lets you deduct 30% of the cost of your solar system installation from your taxes. In addition, not including incentives, you can save about $14,000 over 20 years on your energy bills.
• Your income and budget: This determines what type of solar panels you can get.
• How much energy your home consumes: Homes that consume plenty of electricity each month may need more solar panels and, consequently, more upfront cost, but will also save more on their energy bills over time.
• How much you spend on energy: The typical family in Avon Lake spends around $1,100 a year on home energy use alone, so you could end up with that much in savings.

Even though a solar panel system costs a decent chunk of money upfront, it can save you much more over the lifespan of your panels. The question of how much, though, depends on several factors, like the amount of daily direct sunlight available and incentives.

Solar Incentives in Avon Lake

One of the great things about installing a solar panel system is earning federal and potentially state incentives. These incentives typically include cash rebates, tax credits and/or performance-based incentives. They can lower the cost you pay for installing solar panels by 30%, upwards of 50% in some cases. For more information about local incentives, check out our our article on solar incentives.

Environmental Impact of Switching to Solar in Avon Lake

Lots of people want to do what they can to help protect the planet, which for many is the main reason for installing solar panels. But you may be curious — how much exactly can you help by using solar power? In a city like Avon Lake where energy use is rather high, switching to solar energy is a good idea for those who care about the planet. In fact, if you install solar panels, you could reduce your carbon dioxide emissions by about 90 pounds each year. For people who care about the environment, the upfront cost of solar is a small price to pay for offsetting your carbon emissions.