11 Best Solar Companies in Franklin, OH (Mar 2023 Review)

The Cost and Benefits of Solar in Franklin

When choosing a solar company, most homeowners or business owners worry about the costs the most. The installation cost is just one important factor you should bear in mind when looking into getting solar panels. How much it'll cost and how much you can save depend on things including:

• How much energy costs for you: The typical household in Franklin shells out around $990 a year on energy use alone, so you could gain that much in savings.
• The type of solar panels you can purchase: This hinges on how much you're willing to spend upfront.
• Incentives: One thing that can make your solar project cost less is the solar investment tax credit (ITC), which is a tax credit that lets you deduct from your taxes a percentage of the project cost. You can also save on your utility bills, which can generate an average of $13,000 of savings over 20 years.
• How much sunlight your roof gets: If your rooftop doesn't see much direct sunlight, your solar system won't be able to generate as much energy, which will leave you with lower savings on power bills than a roof that gets a lot of sunlight.

There are lots of great benefits of solar even with the upfront cost of installation. It can help the Earth and your finances. Plus, it can raise the value of your home, resulting in even more benefits if you choose to sell your home later.

Solar Incentives in Franklin

There are many good reasons why you should switch to solar. One of them includes some government incentives you can take advantage of. When you install solar panels, you can claim the federal tax credit, or ITC. This credit currently lets you lower your tax bill by 30% of the cost of your solar panels. Additionally, there may often be some regional incentives that you can benefit from 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 Franklin

There are a few main reasons why people are interested in solar energy: for the good of their bank accounts and the planet. But how much can switching to solar actually affect the environment? The more power your house uses, the better off the planet will be if you switch to solar since you won't need to rely on traditional energy sources as much. Even though making solar panels emits carbon dioxide, the panels make up for it by considerably lowering the amount of CO2 you would have produced if you still used nonrenewable energy. In Franklin, you can reduce your carbon footprint by 90 pounds a year with solar panels. If you care about the environment, you'll likely find that there are many benefits of adopting solar power other than just saving money on bills. You can also help preserve the environment, which some would argue is invaluable.