16 Best Solar Companies in Bellefontaine, OH (Oct 2022 Review)

The Cost and Benefits of Solar in Bellefontaine

The cost of installing solar panels has decreased significantly over the past few years, but it's still a substantial investment for most homeowners. The cost and possible savings vary depending on some important factors such as:

• Electricity consumption: The average home in Bellefontaine uses a decent amount of, and so may save on their energy bills.
• The amount of sunlight your home gets: Because of Bellefontaine's high amount of average daily sunlight, you should be able to save a decent amount on your power bills.
• The make and model of solar panels you're planning on getting: More high-tech panels are more expensive, so that will influence your budget for your solar project.
• Incentives: The federal solar investment tax credit currently lets you lower your taxes by 30% of the project cost. Your state and city may also have various incentives that you can use. In addition, you can save about $16,000 over 20 years on your utility bills, without incentives.

Because of solar panels decreasing in cost as well as various solar incentives, they are a cost-effective investment for many homeowners.

Solar Incentives in Bellefontaine

One of the benefits of installing a solar panel system is earning federal and potentially state incentives. Everyone 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 when you file taxes, lowering the amount of taxes you owe that year. In addition, there may be some local incentives that stack with the ITC too. Our article on solar incentives goes over more information on the incentives you can find in Bellefontaine.

Environmental Impact of Switching to Solar in Bellefontaine

There are a few primary reasons why many people are interested in solar energy: for the financial and environmental benefits. But — how much exactly can you help by making the switch to solar? If your family consumes lots of energy, you can have an even greater impact on the planet by switching to solar power. Because solar panels don't release CO2 emissions into the atmosphere when creating electricity, they're a good alternative to nonrenewable energy sources. In fact, you could reduce your carbon dioxide emissions by about 90 pounds each year. For those who are concerned about the environment, the upfront cost of solar is a small price to pay for offsetting your carbon emissions.