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

The Cost and Benefits of Solar in Ballville

For the majority of homeowners, the decision to 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:

• How much sunlight your roof gets: If your roof doesn't get a lot of direct sunlight, your solar system won't be able to generate as much energy, which will give you lower savings on electricity bills than someone with a roof that gets lots of sunlight.
• Your income and budget: This shapes what type of solar panels you can purchase.
• Your current power bills: Solar panels can greatly decrease, or entirely eliminate, your utility bills. In Ballville, you can save an average of $95 a month.
• Incentives: One thing that can save you money on your solar project is the solar investment tax credit (ITC), which is a tax credit that's equal to a percentage of the project cost. You can also save a decent amount of money on your power bills, which can result in an average of $14,000 of savings over 20 years.

Though a solar panel system costs a sizable chunk of money upfront, it can save you thousands of dollars in the long term. The question of how much, though, depends on a number of factors, such as the angle of your roof and incentives.

Solar Incentives in Ballville

There are many good reasons why you should switch to solar. One of them includes some government incentives that can save you money. When you install solar panels on your home, you can take advatage of 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 may often be some state and city incentives that you can benefit from to further cut back on the cost of solar of solar panels. Our article on solar incentives goes over more information on the incentives you can take advantage of in Ballville.

Environmental Impact of Switching to Solar in Ballville

Installing solar panels is a great way to do your part for a more sustainable future. But you may be wondering — how much exactly can you help the environment by going solar? Everyone can help the planet by switching to solar energy, but homes that consume a lot of energy will have an even greater impact. Because solar panels don't release CO2 emissions into the atmosphere when producing electricity, they're a good swap for nonrenewable energy sources. In fact, you could expect to reduce your carbon dioxide emissions by about 90 pounds each year. As you can see, using solar power has so many other rewards beyond saving money. One of the major ones is that you can help save the planet too.