15 Best Solar Companies in Bainbridge, OH (Oct 2022 Review)

The Cost and Benefits of Solar in Bainbridge

For a lot of homeowners, whether or not you should invest in a solar energy system comes down to the cost. The cost and possible savings vary depending on a few key factors such as:

• Incentives: The federal solar investment tax credit, which can save you some money, lets you deduct 30% of the cost of installing your solar panel system from your federal taxes. Additionally, not including incentives, you can save about $13,000 over 20 years on your energy bills.
• How much you spend on energy: The average family in Bainbridge pays around $1,100 a year on electricity alone, so you could be looking at that much in savings.
• Choice of solar panels: The kind of solar panels you are interested in getting 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 go with a higher number of more affordable panels.
• How much sunlight your roof gets: This, and the configuration of your roof, affects affect how much electricity your solar panels can produce.

Though a solar panel system costs a good chunk of money upfront, it can save you thousands of dollars over time. The question of how much, though, depends on a number of factors, including the size of your house and your current power bills.

Solar Incentives in Bainbridge

If you're thinking about making the switch to solar power, various government incentives and subsidies can greatly lower your project costs and expedite the return on your investment. When you install a solar panel system on your house, you can claim the federal tax credit, or ITC. This credit currently lets you lower your tax bill by 30% of the cost of your solar panels. In addition, there are often some local incentives that you can use to further save. You can learn about the incentives you can take advantage of in our article on solar incentives

Environmental Impact of Switching to Solar in Bainbridge

Replacing nonrenewable energy with solar power is a good way to do what you can for a cleaner and more sustainable future. But how much can switching to solar actually affect the environment? In a city like Bainbridge where energy use is rather high, switching to solar energy is a great idea for homeowners who are eco-conscious. In fact, if you adopt solar power, you could be looking at reducing your carbon dioxide emissions by about 80 pounds each year. As you can see, trading traditional energy for solar has so many other rewards besides saving money. One of the primary ones is that you can help save the Earth too.