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

The Cost and Benefits of Solar in Copley

For many homeowners, whether or not you should invest in a solar energy system depends the most on the cost. There are a few factors you should take into consideration when trying to figure out the overall cost and how much you can save, such as:

• Choice of solar panels: The kind of solar panels you need will affect your total cost. High-efficiency monocrystalline panels are more expensive upfront but can also lead to more savings 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.
• Average daily sunlight: Since Copley doesn't get a lot of average daily sunlight, your solar system may not be able to produce enough energy to power your whole home, which impacts how much your electricity bills will be.
• How much energy costs for you: The typical household in Copley spends around $1,100 a year on electricity alone, so you could end up with that much in savings.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which gives you a tax credit currently worth 30% of your total installation cost, your local government may offer additional tax exemptions, credits or rebates that can help you save even more. Not including incentives, you can save an average of $13,000 over 20 years with your system, too.

Although a solar panel system costs a decent chunk of money upfront, it can save you thousands of dollars over the lifespan of your panels. The question of how much, though, depends on a number of factors, like the amount of daily direct sunlight available and incentives.

Solar Incentives in Copley

One of the good things about installing a solar panel system is earning incentives from the government. No matter what state you live in, you can take advantage of the federal Solar Investment Tax Credit (ITC), which allows you to claim 30% of your project costs on your tax return, reducing the amount of taxes you owe that year. In addition, there may be some state and city incentives that can save you some extra money too. The table below lets you know about the incentives you can take advantage of in Copley.

Environmental Impact of Switching to Solar in Copley

If you're planning on adding solar panels to your home, one of the major reasons why may be to lower your carbon dioxide emissions. But you may be wondering — how much exactly can you help by going solar? Everyone can help the planet by switching to solar energy, but homes that consume more energy will have a greater impact. In Copley, the average resident can reduce their carbon footprint by 80 pounds a year once they go solar. The benefits of solar power are plentiful — just like solar power is! That's why so many Copley residents have been happy with using solar energy.