16 Best Solar Companies in Bridgetown, OH (Mar 2023 Review)

The Cost and Benefits of Solar in Bridgetown

The cost of putting up a solar panel system has decreased significantly over the past few years, but it's still a large investment for most homeowners. A few key factors that dictate the cost of installing a solar panel system on your home and how much money you could save over time include:

• Your energy consumption: If your family uses a lot of energy, you'll benefit more from switching to solar.
• How much energy costs for you: The average household in Bridgetown spends around $970 a year on energy alone, so you could be looking at that much in savings.
• Incentives: Something that can make your solar project cost less 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 generate an average of $12,000 of savings over 20 years.
• How much sunlight your roof gets: If your rooftop doesn't see much direct sunlight, your solar system won't be able to produce as much energy, which will leave you with lower savings on power bills than a roof that gets a lot of sunlight.

Even though a solar panel system costs a sizable chunk of money upfront, it can save you much more over the lifespan of your panels. The question of how much, though, depends on several factors, such as the amount of daily direct sunlight available and your current power bills.

Solar Incentives in Bridgetown

To increase solar panel installation and usage, federal, state and local governments — and even some utility companies — offer incentives to help make switching to solar power more economically viable and accessible. You qualify for the federal solar investment tax credit (ITC) for the tax year you turn on your solar panels. You can also possibly pair the ITC with other local incentives. You can learn about the incentives available to you in our article on solar incentives

Environmental Impact of Switching to Solar in Bridgetown

If you're thinking of adding solar panels to your home, one of the principal reasons why may be to reduce your carbon dioxide emissions. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Bridgetown, though. Regardless of your location, you can help save the environment by switching to solar energy, but homes that consume more energy will have an even bigger impact. In fact, if you install solar panels, you could look forward to lowering your carbon dioxide emissions by about 90 pounds each year. Since solar power is abundant and makes electricity without releasing carbon emissions, making the switch to solar power is one easy step you can take to help preserve the planet.