17 Best Solar Companies in Georgetown, OH (Mar 2023 Review)

The Cost and Benefits of Solar in Georgetown

The cost of installing solar panels has dropped immensely over the past several years, but it's still a large investment for most homeowners. Some significant things that determine the upfront cost and potential savings over time include:

• Average daily sunlight: Since Georgetown gets a decent amount of average daily sunlight, your solar panels can generally produce enough energy to power your whole home, which impacts how much your solar panels can save you on your electricity bills.
• Electricity consumption: The average home in Georgetown uses a decent amount of, and so may save on their energy bills.
• Incentives: The federal solar investment tax credit, which can save you some money, allows you to deduct 30% of the cost of installing your solar panel system from your federal taxes. In addition, not including incentives, you can save about $12,000 over 20 years on your energy bills.
• System size and type: Some models are more costly than others, so the one you want to get can raise or lower your initial investment. Plus, the more solar panels you need to buy, the more it'll cost.

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

Solar Incentives in Georgetown

Because solar power is better for the environment than fossil fuels, there are some government incentives available to encourage people to make the switch. There are quite a few federal, state and local rebates and tax credits that earn anywhere from 30% to 50% of your money back after buying a solar panel system. For detailed information about local incentives, visit our our article on solar incentives.

Environmental Impact of Switching to Solar in Georgetown

A lot of people want to do what they can to help save the environment, which in many cases is the primary motivation to install a solar system. But you may be wondering — how much exactly can you help the environment by going solar? Your energy usage is a significant factor to think about. The more power your household consumes, the bigger your impact when you go solar. When you go solar, your carbon footprint can be lowered by about 90 pounds each year. If you want to do what you can for the environment, you'll most likely understand that there are many advantages to adopting solar energy other than just saving money on bills. You can also help protect the environment, which some would argue is more valuable.