16 Best Solar Companies in Goshen, OH (Mar 2023 Review)

The Cost and Benefits of Solar in Goshen

For many readers, the decision of which solar company to hire depends on total costs. 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 such as:

• Incentives: Something that can reduce the cost of your solar project is the solar investment tax credit (ITC), which is a tax credit that's equal to a percentage of the project cost. You can also save money on your power bills, which can generate an average of $12,000 of savings over 20 years.
• System size and type: Some models are more expensive than others, so the one you get can raise or lower your initial investment. Plus, the more solar panels you need to get, the more it'll cost.
• The amount of sunlight your roof gets: If your rooftop gets limited direct sunlight, your solar panel system won't be able to make as much energy, which will give you lower savings on electric bills than a house with a roof that gets a lot of sunlight.
• How much you spend on energy: The average household in Goshen shells out around $970 a year on home energy use alone, so you could gain that much in savings.

Thanks to solar panels decreasing in cost as well as local and federal solar incentives, they are a worthwhile investment for many homeowners.

Solar Incentives in Goshen

Although a solar power system is typically a $15,000 to $25,000 investment, it can save you a substantial amount of money in the long term because of lower energy bills and government incentives. Regardless of where you live, you can take advantage of the federal Solar Investment Tax Credit (ITC), which will allow you to claim 30% of how much your solar project cost when you file taxes, lowering the amount of taxes you owe that year. Additionally, there may be some local incentives that stack with the ITC too. Check out our article on solar incentives to learn what incentives you can benefit from.

Environmental Impact of Switching to Solar in Goshen

There are many reasons to switch to solar energy, like saving some money on utility bills and helping to lower your carbon footprint. But how much can using solar energy instead of traditional energy actually affect the environment? If your home uses a lot of energy, you can impact the environment even more by switching to solar power. In fact, if you install solar panels, you could expect to reduce your carbon dioxide emissions by about 90 pounds each year. If you want to do your part for the environment, you'll likely recognize that there are many good things about adopting solar energy other than just saving money on bills. You can also help preserve the environment, which some would argue is worth more.