13 Best Solar Companies in Fairborn, OH (Feb 2023 Review)

The Cost and Benefits of Solar in Fairborn

For many homeowners, whether or not to invest in a solar energy system boils down to the cost. There are a few factors you should take into consideration when trying to figure out costs and your potential savings, such as:

• 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 will 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 amount of sunlight your roof gets: If your roof doesn't see much direct sunlight, your solar panel system won't be able to produce as much energy, which will give you lower savings on power bills than someone with a roof that gets lots of sunlight.
• Typical energy usage: The more energy your home uses on average and the greater your current energy bills are, the more benefits you'll see from going solar.
• The type and model of solar panels you want to get: Some have higher prices, so that will influence your budget for your solar project.

There are many good benefits of solar even with the upfront cost of installation. It can help the Earth and your bank account. Additionally, it can raise the value of your home, resulting in even more benefits if you want to sell your home later.

Solar Incentives in Fairborn

Because solar power is better for the environment than traditional energy sources, there are several government incentives in place to encourage people to make the switch. These incentives usually include cash rebates, tax credits and/or performance-based incentives. They can lower how much you pay for installing solar panels by 30%, upwards of 50% depending on your location. Take a look at our article on solar incentives to find out what incentives you can benefit from.

Environmental Impact of Switching to Solar in Fairborn

Making the switch to solar power is a great way to do what you can for a more sustainable future. Something many homeowners might be wondering about is how much can they really help preserve the environment by going solar anyway? The average person has a substantial carbon footprint. Between their car, which is responsible for over 10,000 pounds of carbon dioxide emissions every year, and powering their home, it can be overwhelming to figure out what to do. Going solar is a practical thing you can do to help. In Fairborn, the average household can reduce their carbon footprint by 90 pounds a year after going solar. Since energy from the sun is renewable and makes electricity without a carbon footprint, installing solar panels is one easy step you can take to help preserve the environment.