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

The Cost and Benefits of Solar in Delaware

The cost of installing a solar panel system has gone down greatly in the past few years, but it's still a substantial investment for most homeowners. Some key things that impact how much it will cost and how much you could save include:

• Incentives: The federal solar investment tax credit, which everyone qualifies for, lets you deduct 30% of the cost of your solar system installation from your taxes. Additionally, not including incentives, you can save about $15,000 over 20 years on your energy bills.
• How much power your home consumes: Households that need a lot of electricity each month may call for more solar panels and, consequently, be more expensive, but will also save more on their energy bills over time.
• Your income and budget: This shapes what model of solar panels you can get.
• How much energy costs for you: The average household in Delaware shells out around $1,200 a year on energy use alone, so you could gain that much in savings.

Even though a solar panel system costs a good chunk of money upfront, it can save you thousands of dollars in the long term. The question of how much, though, depends on a number of factors, like the kind of solar panels you get and incentives.

Solar Incentives in Delaware

Switching to solar power has many wonderful benefits. Not only can it help preserve the environment, but you can also save a decent amount of money on your installation with various government incentives. When you install a solar panel system, you can take advatage of the federal tax credit, or ITC. This credit currently lets you reduce your tax bill by 30% of the cost of your solar panels. Additionally, there are often some state and city incentives that you can use to further cut back on the cost of solar of solar panels. You can find out about the incentives you can use in our article on solar incentives

Environmental Impact of Switching to Solar in Delaware

One of the most compelling reasons to tap into solar energy is to cut your reliance on traditional energy sources like burning fossil fuels, which are hazardous for the environment. But how much can switching to solar actually affect the environment? The more energy your house uses, the the more the environment will benefit if you switch to solar since you won't need to use as much nonrenewable energy. Though solar panel production releases carbon dioxide emissions, the panels make up for it by considerably lowering the amount of CO2 you would have been responsible for if you still used nonrenewable energy. In Delaware, you can reduce your carbon footprint by 90 pounds a year with solar panels. The advantages of solar power are abundant — just like solar power is! That's why so many Delaware residents have been happy with using solar energy.