11 Best Solar Companies in Findlay, OH (Feb 2023 Review)

The Cost and Benefits of Solar in Findlay

We know that for lots of homeowners, the choice to invest in solar comes down to installation costs. The overall price and potential savings vary depending on some important factors such as:

• Where your home is: This affects the average daily sunlight your roof gets, which helps determine how many panels you need.
• The cost of energy for you: If your local power rates are quite high, there's a better chance you'll end up with a higher return on your investment in a solar system. In Findlay, you can save an average of $106 a month on your electricity bills.
• System size and type: Some models are more expensive than others, so the one you get can raise or lower your upfront cost. Plus, the more solar panels you need to get, the more it'll cost.
• 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 state or local government may offer additional tax exemptions, credits or rebates that can help you save even more. Excluding incentives, you can save an average of $16,000 over the first 20 years with your system, too.

Thanks to the cost of solar panels being lower than before as well as various solar incentives, they are a cost-effective investment for the majority of homeowners.

Solar Incentives in Findlay

If you're planning on switching to solar energy, several government incentives and state programs can greatly lower your project costs and speed up the return on your investment. When you install solar panels on your house, you become eligible to 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 may often be some regional incentives that you can use to further cut back on the cost of solar of solar panels. You can find out about the incentives you can take advantage of in our article on solar incentives

Environmental Impact of Switching to Solar in Findlay

There are tons of reasons to trade traditional energy for solar energy, like saving some money on electricity bills and helping to reduce your carbon footprint. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Findlay, though. The amount of energy you use is a key factor to think about. The more power you use, the greater your impact when you switch to solar energy. If you go solar, your carbon dioxide emissions can be cut by about 90 pounds each year. As you can see, investing in solar has so many other benefits beyond saving money. One of the major ones is that you can help save the planet too.