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

The Cost and Benefits of Solar in Carey

Even though solar panels can help save you a decent chunk of change on utility bills over time, it's important to take into consideration the startup costs. The installation cost is just one important factor you should consider when looking into installing solar panels. How much it'll cost and how much you can save depend on things including:

• Your current electric bills: Solar panels can noticeably reduce, or entirely get rid of, your utility bills. In Carey, you can save an average of $110 a month.
• System size and type: Some models are more expensive than others, so the one you want to get can raise or lower your upfront cost. Plus, the more solar panels you need to buy, the more it'll cost.
• The amount of sunlight your roof gets: This, and how your roof is set up, affects affect how much electricity your solar panels can generate.
• Incentives: Something that can reduce the cost of your solar project is the solar investment tax credit (ITC), which is a tax credit that lets you deduct from your taxes a percentage of the project cost. You can also save a decent amount of money on your energy bills, which can result in an average of $16,000 of savings over 20 years.

So are solar panels worth it? Whether you want to decrease your energy bills, carbon emissions or both, solar panels are a worthwhile investment for many Carey homeowners.

Solar Incentives in Carey

If you're planning on making the switch to solar energy, several government incentives and tax credits can dramatically reduce your project costs and speed up the return on your investment. Regardless of where you live, you can take advantage of the federal Solar Investment Tax Credit (ITC), which lets you claim 30% of your project costs when you file taxes, lowering the amount of taxes you owe that year. Additionally, there may be some local incentives you can benefit from too. You can learn about the incentives you can take advantage of in our article on solar incentives

Environmental Impact of Switching to Solar in Carey

Making the switch to solar power is a good way to do what you can for a greener future. But — how much exactly can you help the planet by going solar? The more energy your household uses, the better off the planet will be when you switch to solar as you won't have to use as much nonrenewable energy. Though solar panel production emits carbon dioxide, the panels make up for it by greatly reducing the amount of CO2 you would have been responsible for if you still used traditional energy. In Carey, you can reduce your carbon footprint by 80 pounds a year with solar panels. As you can see, using solar power has so many other perks apart from saving money. One of the most important ones is that you can help save the planet too.