17 Best Solar Companies in Independence, OH (Feb 2023 Review)

The Cost and Benefits of Solar in Independence

Solar panels run off a free energy source — the sun — but before you can take advantage of this you will need to pay to set up your system. Some important factors that influence how much it will cost to install a solar panel system on your home and how much it could save you over time are:

• Your current electric bills: Solar panels can significantly reduce, or totally get rid of, your utility bills. In Independence, you can save an average of $100 a month.
• Energy consumption: Installing solar panels may be a high-cost investment for families that don't need a lot of energy a month.
• Incentives: Those who buy and install a solar energy system this year can save 30% of their installation costs by taking advantage of the federal solar investment tax credit. You can also save about $14,000 on your electricity bills over 20 years excluding incentives.
• The model of solar panels you're thinking of getting: More efficient panels cost more, so that will influence your budget for your solar project.

Even though a solar panel system costs a sizable chunk of money upfront, it can save you a considerable amount in the long term. The question of how much, though, depends on several factors, including the size of your solar panel system and incentives.

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 our our article on solar incentives.

Environmental Impact of Switching to Solar in Independence

There are tons of reasons to trade traditional energy for solar power, like saving some money on electricity bills and helping to lower your carbon footprint. A question many people might be wondering about is how much can they really help preserve the environment by going solar anyway? Regardless of your location, you can help the environment by switching to solar energy, but homes that use lots of energy will have a bigger impact. Because solar panels don't release carbon dioxide emissions into the atmosphere when producing electricity, they're a good trade for traditional energy sources. In fact, you could expect to reduce your carbon dioxide emissions by about 80 pounds each year. The perks of solar power are infinite — just like solar power is! That's why so many homeowners have been happy with committing to solar.