18 Best Solar Companies in Delphos, OH (Sep 2022 Review)

The Cost and Benefits of Solar in Delphos

The cost of installing solar panels has decreased immensely over the past several years, but it's still a significant investment for most homeowners. Some important things that impact how much it will cost and how much you could save include:

• Where your home is: This affects the average daily sunlight your roof gets, which helps determine how many panels you need.
• Electricity consumption: The average home in Delphos uses a decent amount of, and so may save on their energy bills.
• System size and type: Some models are more expensive than others, so the one you want can raise or lower your upfront cost. Plus, the more solar panels you need, the more it'll cost.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you receive a tax credit curretnly worth 30% of your overall installation cost, your local government may offer additional tax exemptions, credits or rebates that can help you save even more. Aside from incentives, you can save an average of $16,000 over the first 20 years with your system, too.

So is buying solar panels worth it? Whether you're trying to lower your electricity costs, carbon emissions or both, solar panels are a great investment for many Delphos homeowners.

Solar Incentives in Delphos

In an effort to increase the adoption of solar power, incentives are offered by the government — and even some utility companies — to help make switching to solar power more economical and accessible. You qualify for the federal solar investment tax credit (ITC) for the tax year you turn on your a solar panel system. You can also potentially use the ITC with other local incentives. You can find out about the incentives you can take advantage of in the table below.

Environmental Impact of Switching to Solar in Delphos

One of the reasons so many people are considering going solar is to help reduce their environmental impact. You may be curious — how much do solar panels help the environment anyway? Everyone can help save the environment by switching to solar energy, but homes that consume more energy will have an even bigger impact. In Delphos, the average household can reduce their carbon footprint by 90 pounds a year after going solar. As you can see, going solar has so many other perks beyond saving money. One of the main ones is that you can help save the Earth too.