15 Best Solar Companies in Canal Winchester, OH (Aug 2022 Review)

The Cost and Benefits of Solar in Canal Winchester

We get that for lots of homeowners, the choice to invest in solar hinges on installation costs. A few key factors that affect the cost of installing a solar panel system on your home and how much money you could save over time include:

• The amount of sunlight your area gets: Due to Canal Winchester's high amount of average daily sunlight, you should be able to save a decent amount on your energy bills.
• The type of solar panels you want: Higher-efficiency panels are more highly priced, so that will shape your budget for your solar project.
• Incentives: Tax-paying citizens who purchase and install a solar energy system this year can save 26% of their installation costs by using the federal solar investment tax credit. You can also save about $17,000 on your energy bills over 20 years excluding incentives.
• Energy consumption: Solar may be an expensive option for homes that don't consume a good amount of energy a month.

Solar is a profitable investment for most homeowners. You can produce your own energy instead of paying for it from a utility company and take advantage of solar tax credits and rebates, all while helping protect the environment.

Solar Incentives in Canal Winchester

In an effort to increase the number of homes and businesses that use solar power, incentives are offered by the government — and even some utility companies — to help make solar power more economical and accessible. State and city solar incentives depend on the location and, sometimes, utility company. Many states offer rebates for solar power, in addition to the federal solar tax credit. You can find out about the incentives available to you in the table below.

Environmental Impact of Switching to Solar in Canal Winchester

One of the reasons so many people are thinking of adopting solar energy is to help reduce their environmental impact. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Canal Winchester, though. Your energy usage is a key factor to keep in mind. The more power your home uses, the larger your impact when you switch to solar energy. While making solar panels emits carbon dioxide, the panels make up for it by significantly lowering the amount of CO2 you would have released if you still used nonrenewable energy. In Canal Winchester, you can reduce your carbon footprint by 90 pounds a year with solar panels. If you want to do what you can for the environment, you'll most likely get that there are many good things about adopting solar energy other than just saving money on electricity. You can also help protect the environment, which some would argue is worth more.