18 Best Solar Companies in Avon Lake, OH (Oct 2022 Review)

The Cost and Benefits of Solar in Avon Lake

Solar panels are powered by a free energy source — the sun — but before you can take advantage of this you will need to pay to set up your system. The installation cost is just one important factor you should bear in mind when looking into getting solar panels. How much it'll cost and how much you can save depend on things such as:

• The amount of sunlight your roof gets: If your roof gets limited direct sunlight, your solar panels won't be able to generate as much energy, which will give you lower savings on energy bills than a house with a roof that gets a lot of sunlight.
• The kind of solar panel system you can buy: This depends on how much you're willing to spend upfront.
• Typical energy usage: The more energy your home uses on average and the steeper your current energy bills are, the more benefits you'll see from making the switch to solar.
• 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. Excluding incentives, you can save an average of $14,000 over the first 20 years with your solar panels, too.

Though a solar panel system costs a good chunk of money upfront, it can save you a considerable amount in the long term. The question of how much, though, depends on a number of factors, such as the size of your solar panel system and incentives.

Solar Incentives in Avon Lake

To increase the number of homes and businesses that use solar power, incentives are offered by the government — and even some utility companies — to help make solar power more affordable and accessible. Regardless of what state you live in, you can take advantage of the federal Solar Investment Tax Credit (ITC), which will let you claim 30% of how much you paid for your solar installation on your tax return, reducing the amount of taxes you owe that year. Additionally, there may be some local incentives that stack with the ITC too. Our article on solar incentives has more information on the incentives you can find in Avon Lake.

Environmental Impact of Switching to Solar in Avon Lake

There are tons of reasons to trade traditional energy for solar energy, like saving some money on electricity bills and helping to lower your carbon footprint. A question many might be wondering about is how much can they really help protect the environment by switching to solar power anyway? The amount of energy you use is an important factor to think about. The more electricity your household consumes, the larger your impact when you go solar. In fact, if you install solar panels, you could reduce your carbon dioxide emissions by about 90 pounds each year. For homeowners who care about the environment, the upfront cost of solar is a small price to pay for offsetting your carbon emissions.