15 Best Solar Companies in Hamilton, OH (Jan 2023 Review)

The Cost and Benefits of Solar in Hamilton

We know that for lots of homeowners, the decision to invest in solar rests on installation costs. There are a few factors you should take into consideration when trying to figure out how much it will cost and how much you can save, including:

• How much energy your home consumes: Homes that need a lot of energy each month may require more solar panels and, therefore, be more expensive, but will also save more on their energy bills over time.
• How much sunlight your roof gets: This, plus your roof configuration, affects affect how much energy your solar panels can produce.
• Your income and budget: This shapes what kind of solar panels you can purchase.
• Incentives: The federal solar investment tax credit currently allows you to reduce your taxes by 30% of the project cost. Your state may also have incentives and rebates that you can take advantage of. Additionally, you can save about $16,000 over 20 years on your utility bills, not including incentives.

Although a solar panel system costs a sizable chunk of money upfront, it can save you much more in the long term. The question of how much, though, depends on a number of factors, like the size of your house and your energy consumption.

Solar Incentives in Hamilton

One of the benefits of installing a solar panel system is earning incentives from the government. You qualify for the federal solar investment tax credit (ITC) for the tax year you turn on your a solar system. You can also potentially stack the ITC with other local rebates and benefits. In our article on solar incentives, you can see the incentives you qualify for near you.

Environmental Impact of Switching to Solar in Hamilton

There are a few key reasons why many people want to invest in solar energy: for the financial and environmental benefits. You may be curious — how much does making the switch help the planet anyway? The amount of energy you use is a key factor to consider. The more power your household consumes, the greater your impact when you go solar. Although solar panel production emits carbon dioxide, the panels make up for it by significantly lowering the amount of CO2 you would have produced if you still used traditional energy. In Hamilton, you can reduce your carbon footprint by 90 pounds a year with solar panels. Since solar energy is renewable and makes electricity without a carbon footprint, adding solar panels to your home is one easy step you can take to help preserve the environment.