17 Best Solar Companies in Etna, OH (Sep 2022 Review)

The Cost and Benefits of Solar in Etna

While solar panels can help save you a good amount of money on energy over time, it's necessary to know the startup costs. There are a few factors you should take into consideration when trying to figure out the overall cost and how much you can save, including:

• The kind of solar panel system you can afford: This depends on how much you're willing to spend upfront.
• average energy usage: The more power your home uses on average and the larger your current power bills are, the more likely you'll benefit from switching to solar.
• Incentives: The federal solar investment tax credit, which everyone in the U.S. is eligible for, allows you to deduct 30% of the cost of your solar system installation from your taxes. Additionally, not including incentives, you can save about $16,000 over 20 years on your energy bills.
• The amount of sunlight your roof gets: This, along with the configuration of your roof, affects affect how much electricity your solar panels can generate.

Although a solar panel system costs a sizable chunk of money upfront, it can save you thousands of dollars over time. The question of how much, though, depends on several factors, such as the size of your house and incentives.

Solar Incentives in Etna

If you're considering making the switch to solar power, various government incentives and solar rebates can drastically lower the installation costs and expedite the return on your investment. When you install a solar panel system on your home, you can claim the federal tax credit, or ITC. This credit currently lowers your tax bill by 30% of the cost of your solar panels. Plus, there are often some regional incentives that you can take advantage of to further cut back on the cost of solar of solar panels. In the table below, you can read about the incentives you qualify for in your area.

Environmental Impact of Switching to Solar in Etna

One reason so many homeowners are considering installing solar panels is to help reduce their environmental impact. Something many homeowners might be wondering about is how much can they really help save the environment by going solar anyway? As stated by the EPA, electricity production is the second greatest source of greenhouse gas emissions and about 62% of our electricity is generated by burning fossil fuels. Switching to a clean energy source like solar power can help put a dent in that number in a city like Etna that is responsible for a sizable amount of carbon dioxide emissions each year. Since solar panels don't release carbon dioxide emissions into the atmosphere when creating electricity, they're a good substitute for traditional energy sources. In fact, you could be looking at reducing your carbon dioxide emissions by about 90 pounds each year. Since energy from the sun is abundant and generates electricity without free from carbon dioxide emissions, adding solar panels to your home is one easy step you can take to help preserve the planet.