18 Best Solar Companies in Hanover, OH (Mar 2023 Review)

The Cost and Benefits of Solar in Hanover

When deciding on a solar company, most homeowners or business owners care about the costs the most. A few important factors that influence the cost of installing solar panels on your home and how much it could save you over time include:

• Your income and budget: This guides what kind of solar panels you can get.
• 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's equal to a percentage of the project cost. You can also save on your power bills, which can result in an average of $15,000 of savings over 20 years.
• average energy usage: The more energy your home consumes on average and the larger your current energy bills are, the more likely you'll benefit from switching to solar.
• How much you spend on energy: The average household in Hanover shells out around $1,200 a year on energy alone, so you could gain that much in savings.

Thanks to solar panels decreasing in cost as well as various solar incentives, they are a solid investment for most homeowners.

Solar Incentives in Hanover

Although installing solar panels is typically a big investment, it can save you a significant amount of money over time due to reduced utility bills and government incentives. You can qualify for the federal solar investment tax credit (ITC) for the tax year you turn on your solar panels. You can also possibly pair the ITC with other state and city rebates and benefits. Our article on solar incentives goes over more detailed information on the incentives you can benefit from in Hanover.

Environmental Impact of Switching to Solar in Hanover

There are a few big reasons why people are considering solar energy: to help their wallet and the environment. You may be asking yourself — how much does going solar do for the planet anyway? The amount of energy you use is an important factor to think about. The more energy you use, the greater your impact when you go solar. In fact, if you adopt solar power, you could reduce your carbon dioxide emissions by about 90 pounds each year. The perks of solar power are abundant — just like solar power is! That's why so many people have been happy with making the switch to solar.