11 Best Solar Companies in Knox, OH (2023 Reviews)

The Cost and Benefits of Solar in Knox

We understand that for many homeowners, the choice to invest in solar depends on installation costs. Some significant things that impact how much it will cost and how much you could save include:

• Your household's power bills: Because of fairly high monthly power bills in Knox, you could save about $1,200 a year with solar.
• average energy usage: The more energy your home uses on average and the greater your current energy bills are, the more money you could save by switching to solar.
• The kind of solar panels you want to get: More high-tech panels cost more, so that will influence your budget for your solar project.
• Incentives: The federal solar investment tax credit, which can save you some money, lets you deduct 30% of the cost of installing your solar panel system from your taxes. In addition, not including incentives, you can save about $15,000 over 20 years on your energy bills.

Because of the cost of solar panels being lower than before as well as various solar incentives, they are a sound investment for most homeowners.

Solar Incentives in Knox

Because solar power is a cleaner source of energy than burning fossil fuels, there are a number of government incentives in place to encourage its adoption. On top of the federal tax credit incentive, there are also some state- and city-level incentives, which in almost all cases, stack with the federal incentive, so you can save even more. You can learn about the incentives available to you in our article on solar incentives

Environmental Impact of Switching to Solar in Knox

There are a few main reasons why many people want to invest in solar energy: for the financial and environmental benefits. But you may be curious — how much exactly can you help by using solar power? Everyone can help save the planet by switching to solar energy, but homes that consume more energy will have an even bigger impact. Since solar panels don't release greenhouse gas emissions into the atmosphere when creating electricity, they're a good alternative to nonrenewable energy sources. In fact, you could expect to reduce your carbon dioxide emissions by about 80 pounds each year. If you want to do what you can for the environment, you'll no doubt get that there are many advantages to adopting solar energy other than just saving money on electricity. You can also help protect the environment, which some would argue is invaluable.