16 Best Solar Companies in Defiance, OH (2023 Reviews)

The Cost and Benefits of Solar in Defiance

For a lot of homeowners, whether or not you should invest in a solar energy system boils down to the cost. There are several factors you should take into consideration when determining costs and your potential savings, such as:

• System size and type: Some models are more costly than others, so the one you choose can raise or lower your upfront cost. Plus, the more solar panels you need, the more it'll cost.
• Your energy bills: This will dictate your savings. In Defiance, the average homeowner can save about $1,200 a year on their electricity bills.
• The amount of sunlight your home gets: Due to Defiance's high amount of average daily sunlight, you should be able to save a decent amount on your energy bills.
• Incentives: Those who install a solar system this year can save 30% of their solar installation costs by taking advantage of the federal solar investment tax credit. You can also save about $15,000 on your energy bills over 20 years not including incentives.

So is a solar panel system worth it? Whether you want to reduce your electricity costs, carbon emissions or both, solar panels are a worthwhile investment for many Defiance homeowners.

Solar Incentives in Defiance

Although solar power is typically a big investment, it can save you a considerable amount of money in the long term because of reduced utility bills and government incentives. Everyone can take advantage of the federal Solar Investment Tax Credit (ITC), which allows you to claim 30% of your project costs when you file taxes, reducing the amount of taxes you owe that year. Additionally, there may be some local incentives that can save you some extra money too. Our article on solar incentives goes over more in-depth information on the incentives you can benefit from in Defiance.

Environmental Impact of Switching to Solar in Defiance

One of the best reasons to switch to solar power is to minimize your dependence on traditional energy sources like burning fossil fuels, which are destructive for the environment. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Defiance, though. Regardless of your location, you can help save the environment by switching to solar energy, but homes that use more energy will have a greater impact. In Defiance, the average person can lower their carbon footprint by 90 pounds a year after going solar. For those who are worried about the environment, the upfront cost of solar is a small price to pay for offsetting your carbon emissions.