18 Best Solar Companies in Dover, OH (Mar 2023 Review)

The Cost and Benefits of Solar in Dover

The cost of installing a solar panel system has gone down immensely over the past few years, but it's still a large investment for most homeowners. The cost of solar and the savings it generates vary depending on a few important factors such as:

• Typical energy usage: The more electricity your household consumes on average and the larger your current electricity bills are, the more money you could save by making the switch to solar.
• 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. Aside from incentives, you can save an average of $17,000 over 20 years with your solar system, too.
• Your power bills: This will affect how much money you might save. In Dover, the average resident can save about $1,400 a year on their electricity bills.
• Choice of solar panels: The type of solar panels you want will affect your total cost. High-efficiency monocrystalline panels are more expensive 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.

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

Solar Incentives in Dover

One of the benefits of installing a solar panel system is earning incentives from the government. These incentives mostly take the form of cash rebates, tax breaks and/or solar renewable energy credits. They can reduce the cost of installing solar panels by 30%, upwards of 50% in some cases. For comprehensive information about incentives that apply to you, visit our our article on solar incentives.

Environmental Impact of Switching to Solar in Dover

Making the switch to solar power is a compelling way to do what you can for a more environmentally-friendly future. But you may be curious — how much exactly can you help the planet by making the switch to solar? The more power your household uses, the better off the planet will be when you switch to solar as you won't need to rely on traditional energy sources as much. In fact, if you make the switch to solar power, you could reduce your carbon dioxide emissions by about 80 pounds each year. Since solar energy is renewable and generates electricity without a carbon footprint, adding solar panels to your home is one easy step you can take to help preserve the planet.