15 Best Solar Companies in Cleveland, OH (Mar 2023 Review)

The Cost and Benefits of Solar in Cleveland

The cost of installing a solar panel system has dropped significantly over the past several years, but it's still a significant investment for most homeowners. The cost and possible savings vary depending on some important factors such as:

• The amount of sunlight your roof gets: This, plus your roof configuration, affects affect how much power your solar panels can generate.
• Incentives: The federal solar investment tax credit, which everyone in the U.S. is eligible for, lets you deduct 30% of the cost of installing your solar panel system from your federal taxes. Plus, not including incentives, you can save about $15,000 over 20 years on your energy bills.
• Electricity consumption: The average household in Cleveland uses a decent amount of, and so may save on their energy bills.
• Choice of solar panels: The type of solar panels you are interested in getting will affect your total cost. High-efficiency monocrystalline panels are more expensive upfront but can also save you more money over the lifetime of your system. If you don't need to maximize efficiency, you can go with a higher number of more affordable panels.

Even though a solar panel system costs a good chunk of money upfront, it can save you much more over time. The question of how much, though, depends on a number of factors, like the size of your house and your local electricity rates.

Solar Incentives in Cleveland

If you're considering switching to solar energy, a variety of government incentives and solar rebates can greatly bring down the cost of the project and expedite the return on your investment. When you install solar panels, you become eligible to claim the federal tax credit, or ITC. This credit currently lets you lower your tax bill by 30% of the cost of your solar panels. Plus, there are often some local incentives that you can benefit from to further cut back on the cost of solar of solar panels. Check out our article on solar incentives to find out what incentives you can take advantage of.

Environmental Impact of Switching to Solar in Cleveland

If you're thinking of adding solar panels to your home, one of the principal reasons why may be to reduce your greenhouse gas emissions. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Cleveland, though. If your family uses lots of energy, you can impact the environment even more by switching to solar energy. In fact, if you install solar panels, you could reduce your carbon dioxide emissions by about 80 pounds each year. Since solar power is renewable and produces electricity without free from carbon dioxide emissions, adding solar panels to your home is one easy step you can take to help preserve the planet.