13 Best Solar Companies in Groveport, OH (Oct 2022 Review)

The Cost and Benefits of Solar in Groveport

We know that for many homeowners, the choice to invest in solar comes down to installation costs. Some important things that determine the upfront cost and potential savings over time include:

• Incentives: One thing that can reduce the cost of your solar project 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 lead to an average of $17,000 of savings over 20 years.
• Choice of solar panels: The kind of solar panels you are interested in getting will affect your total cost. High-efficiency monocrystalline panels will cost more upfront but can also save you more money over the lifetime of your system. If space isn't a constraint for your project, you can opt for a higher number of more affordable panels.
• Your power bills: This will impact how much you can save. In Groveport, the average homeowner can save about $1,400 a year on their electricity bills.
• The amount of sunlight your house gets: Due to Groveport's high amount of average daily sunlight, you should be able to save a decent amount on your energy bills.

Solar is a profitable investment for most homeowners. You can generate your own energy instead of paying for it from the grid and benefit from solar incentives, all while helping protect the environment.

Solar Incentives in Groveport

There are lots of reasons why going solar is a great investment. One of them involves some government incentives you can take advantage of. When you install solar panels on your house, you can claim the federal tax credit, or ITC. This credit currently lowers your tax bill by 30% of the cost of your solar panels. In addition, there are often some local incentives that you can take advantage of to further save. The table below shows you the incentives you can benefit from in Groveport.

Environmental Impact of Switching to Solar in Groveport

Swapping traditional energy for solar is a powerful way to do what you can for a cleaner and more sustainable future. You may be wondering — how much do solar panels help the environment anyway? The more energy your family uses, the better off the planet will be when you switch to solar as you won't need to rely on traditional energy sources as much. Although solar panel production releases carbon dioxide emissions, the panels make up for it by significantly reducing the amount of CO2 you would have been responsible for if you still used traditional energy. In Groveport, you can reduce your carbon footprint by 90 pounds a year with solar panels. As you can see, using solar power has so many other perks beyond saving money. One of the most important ones is that you can help save the Earth too.