16 Best Solar Companies in Beavercreek, OH (Dec 2022 Review)

The Cost and Benefits of Solar in Beavercreek

We know that for lots of homeowners, the choice to invest in solar hinges on installation costs. Some key things that determine the upfront cost and potential savings over time include:

• Energy consumption: Installing solar panels may be an expensive option for homes that don't use too much energy per month.
• The model of solar panels you can buy: This depends on how much you're willing to invest upfront.
• Your power bills: This will influence how much you can save. In Beavercreek, the average homeowner can save about $920 a year on their electricity bills.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you receive a tax credit curretnly worth 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. Aside from incentives, you can save an average of $12,000 over the first 20 years with your solar panels, too.

So is a solar system worth it? Whether you want to reduce your electric bills, carbon emissions or both, solar panels are a great investment for many Beavercreek homeowners.

Solar Incentives in Beavercreek

Although installing solar panels is typically a $15,000 to $25,000 investment, it can save you a considerable amount of money over several years because of smaller energy bills and government incentives. State and city solar incentive programs depend on the location and, sometimes, utility company. Many states offer rebates for solar panels, in addition to the federal solar tax credit. Our article on solar incentives has more in-depth information on the incentives you can benefit from in Beavercreek.

Environmental Impact of Switching to Solar in Beavercreek

Making the switch to solar power is a good way to do what you can for a greener future. But how much can installing solar panels actually help the environment? Your energy usage is a key factor to think about. The more electricity you use, the larger your impact when you switch to solar energy. After you go solar, your carbon emissions can be lowered by about 90 pounds every year. If you care about the environment, you'll no doubt find that there are many good things about adopting solar energy other than just saving money on bills. You can also help protect the environment, which some would argue is invaluable.