16 Best Solar Companies in Dillonvale, OH (Mar 2023 Review)

The Cost and Benefits of Solar in Dillonvale

Although solar panels can save you a good amount of money on power bills over time, it's important to take into consideration the startup costs. Some key factors that influence how much it will cost to install solar panels on your home and how much money you could save over time are:

• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you receive a tax credit curretnly worth 30% of your total installation cost, your state or 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 $12,000 over 20 years with your solar system, too.
• The cost of energy for you: If your local power rates are high, there's a good chance you'll have a higher return on your investment in a solar panel system. In Dillonvale, you can save an average of $81 a month on your electricity bills.
• Choice of solar panels: The kind of solar panels you choose will affect your total cost. High-efficiency monocrystalline panels will cost more 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.
• The amount of sunlight your roof gets: Because of Dillonvale's high amount of average daily sunlight, you should be able to save a decent amount on your power bills.

Even though a solar panel system costs a good chunk of money upfront, it can save you much more in the long term. The question of how much, though, depends on several factors, such as the kind of solar panels you get and your local electricity rates.

Solar Incentives in Dillonvale

One of the benefits of installing a solar panel system is earning incentives from the government. When you install a solar panel system on your house, you can claim 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 may often be some state and city incentives that you can take advantage of to further save. For more information about incentives for homeowners in Dillonvale, see our our article on solar incentives.

Environmental Impact of Switching to Solar in Dillonvale

An important reason so many consider installing solar panels is to help reduce their environmental impact. But how much can switching to solar actually help the environment? If your family consumes a lot of energy, you can have an even greater impact on the planet by switching to solar power. Even though making solar panels releases carbon dioxide emissions, the panels make up for it by significantly lowering the amount of CO2 you would have produced if you still used traditional energy. In Dillonvale, you can reduce your carbon footprint by 90 pounds a year with solar panels. The perks of solar power are abundant — just like solar power is! That's why so many people have been happy with committing to solar.