15 Best Solar Companies in East Liverpool, OH (Mar 2023 Review)

The Cost and Benefits of Solar in East Liverpool

For most homeowners, whether or not you should invest in solar energy boils down to the cost. The cost of solar and the savings it generates vary depending on some key factors such as:

• Incentives: The federal solar investment tax credit currently lets you decrease your taxes by 30% of the project cost. Your state and even local utility companies may also have incentives and rebates that you can benefit from. Additionally, you can save about $13,000 over 20 years on your utility bills, before factoring in incentives.
• How much energy your home consumes: Homes that need lots of power each month may call for more solar panels and, consequently, be more costly, but will also save more on their energy bills over time.
• Your household's power bills: Based on the fairly high monthly power bills in East Liverpool, you could save about $1,100 a year with solar.
• System size and type: Some models are more expensive than others, so the one you want can raise or lower your initial investment. Plus, the more solar panels you need, the more it'll cost.

So is a solar panel system worth it? Whether you hope to decrease your electricity costs, carbon emissions or both, solar panels are a good investment for many East Liverpool homeowners.

Solar Incentives in East Liverpool

Since solar power is better for the environment than fossil fuels, there are various government incentives in place to encourage people to make the switch. When you install solar panels, you can take advatage of the federal tax credit, or ITC. This credit currently reduces your tax bill by 30% of the cost of your solar panels. In addition, there are often some regional incentives that you can use to further save. Our article on solar incentives goes over more information on the incentives you can find in East Liverpool.

Environmental Impact of Switching to Solar in East Liverpool

There are a few main reasons why many people want to invest in solar energy: to put more money in their bank account and to help the planet. But how much can using solar energy instead of traditional energy actually affect the environment? Everyone can help protect the planet by switching to solar energy, but homes that consume lots of energy will have a greater impact. In fact, if you adopt solar power, you could look forward to lowering your carbon dioxide emissions by about 80 pounds each year. The great things about solar power are plentiful — just like solar power is! That's why so many people have been happy with using solar energy.