17 Best Solar Companies in Independence, OH (Oct 2022 Review)

The Cost and Benefits of Solar in Independence

We know that for many homeowners, the choice to invest in solar hinges on installation costs. There are a few factors you should take into consideration when determining how much it will cost and how much you can save, including:

• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you receive a tax credit curretnly worth 30% of your overall installation cost, your local government may offer additional tax exemptions, credits or rebates that can help you save even more. Excluding incentives, you can save an average of $14,000 over the first 20 years with your system, too.
• The type of solar panels you want: Some have higher prices, so that will shape your budget for your solar project.
• Your home's power bills: With fairly high monthly electricity bills in Independence, you could save about $1,200 a year with solar.
• The amount of sunlight your roof gets: This, along with the configuration of your roof, affects affect how much energy your solar panels can make.

There are several great benefits of solar despite the upfront cost of installation. It can help the environment and your wallet. Additionally, it can boost the value of your home, resulting in even more benefits if you want to sell your home later.

Solar Incentives in Independence

Adopting solar power has many considerable benefits. Not only can it help preserve the Earth, but you can also save a decent amount of money on your installation with various government incentives. You can qualify for the federal solar investment tax credit (ITC) for the tax year you turn on your a solar panel system. You can also potentially pair the ITC with other local incentives. For detailed information about local incentives, check out the table below.

Environmental Impact of Switching to Solar in Independence

There are tons of reasons to make the switch to solar power, like saving on electricity bills and helping to lower your carbon footprint. You may be trying to figure out — how much do solar panels do for the planet anyway? In a city like Independence where energy use is rather high, making the switch to solar power is a great plan for those who care about the planet. In fact, if you make the switch to solar power, you could reduce your carbon dioxide emissions by about 80 pounds each year. The perks of solar power are plentiful — just like solar power is! That's why so many people have been happy with making the switch to solar.