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

The Cost and Benefits of Solar in Jefferson

While solar panels can save you a good amount of money on power bills over time, it's important to know the upfront costs. There are quite a few factors you should consider when trying to figure out how much it will cost and how much you can save, such as:

• Incentives: The federal solar investment tax credit currently allows you to decrease your taxes by 30% of the project cost. Your state and even local utility companies may also have incentives and rebates that you can take advantage of. Additionally, you can save about $14,000 over 20 years on your utility bills, before factoring in incentives.
• average energy usage: The more power your household uses on average and the steeper your current power bills are, the more benefits you'll see from switching to solar.
• The amount of sunlight your roof gets: If your rooftop doesn't see much direct sunlight, your solar panel system won't be able to generate as much energy, which will leave you with lower savings on power bills than a roof that gets lots of sunlight.
• Your income and budget: This affects what model of solar panels you can purchase.

There are many good benefits of solar in spite of the upfront cost of installation. It can help the environment and your bank account. Additionally, it can increase the value of your home, leading to even more benefits if you want to sell your home later.

Solar Incentives in Jefferson

There are lots of reasons why you should switch to solar. One of them consists of some government incentives that can save you money. When you install a solar panel system on your house, you become eligible to claim the federal tax credit, or ITC. This credit currently lets you lower your tax bill by 30% of the cost of your solar panels. In addition, there may often be some local incentives that you can use to further save. Take a look at the table below to find out what incentives are available to you.

Environmental Impact of Switching to Solar in Jefferson

One of the best reasons to embrace solar power is to decrease your reliance on traditional energy sources like burning fossil fuels, which are harmful for the environment. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Jefferson, though. In a city like Jefferson where energy use is rather high, going solar is a fantastic idea for households who are eco-conscious. In fact, if you install solar panels, you could be looking at reducing your carbon dioxide emissions by about 90 pounds each year. For homeowners who want to help the environment, the upfront cost of solar is a small price to pay for reducing your carbon footprint.