18 Best Solar Companies in Huntsburg, OH (2023 Reviews)

The Cost and Benefits of Solar in Huntsburg

Although solar panels can save you a decent chunk of change on power bills over time, it's important to consider the startup costs. The installation cost is just one important factor you should bear in mind when looking into installing solar panels. How much it'll cost and how much you can save depend on things including:

• Incentives: Something that can save you money on 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 $13,000 of savings over 20 years.
• Choice of solar panels: The type of solar panels you are interested in getting will affect your total cost. High-efficiency monocrystalline panels are more expensive upfront but can also save you more money over the lifetime of your system. If you don't need to maximize efficiency, you can opt for a higher number of more affordable panels.
• Your energy bills: This will determine how much money you might save. In Huntsburg, the average homeowner can save about $1,100 a year on their electricity bills.
• Electricity consumption: The average household in Huntsburg uses a decent amount of, and so may save on their energy bills.

Even though a solar panel system costs a sizable chunk of money upfront, it can save you thousands of dollars in the long term. The question of how much, though, depends on several factors, such as the size of your solar panel system and your local electricity rates.

Solar Incentives in Huntsburg

Although solar power is typically a big investment, it can save you a lot of money over several years because of lower power bills and government incentives. Regardless of what state you live in, you can take advantage of the federal Solar Investment Tax Credit (ITC), which will allow you to claim 30% of your project costs when you file taxes, reducing the amount of taxes you owe that year. In addition, there may be some state and city incentives that stack with the ITC too. For comprehensive information about incentives that apply to you, visit our our article on solar incentives.

Environmental Impact of Switching to Solar in Huntsburg

Switching to solar energy can have a positive impact on the environment. You may be trying to figure out — how much do solar panels help the environment anyway? How much energy you use is a significant factor to think about. The more electricity your home uses, the bigger your impact when you switch to solar energy. In Huntsburg, the average resident can lower their carbon footprint by 80 pounds a year once they go solar. Since energy from the sun is abundant and produces electricity without free from carbon dioxide emissions, making the switch to solar power is one easy step you can take to help the environment.