14 Best Solar Companies in Lancaster, OH (Aug 2022 Review)

The Cost and Benefits of Solar in Lancaster

When choosing a solar company, most homeowners or business owners worry about the costs the most. The overall price and potential savings vary depending on some key factors such as:

• System size and type: Some models are more expensive than others, so the one you want to get can raise or lower your upfront cost. Plus, the more solar panels you need to buy, the more it'll cost.
• Incentives: Those who install a solar system this year can save 26% of their installation costs by using the federal solar investment tax credit. You can also save about $15,000 on your energy bills over 20 years excluding incentives.
• Energy consumption: Solar may be a high-cost investment for families that don't need a lot of energy a month.
• The amount of sunlight your roof gets: This, plus how your roof is set up, affects affect how much energy your solar panels can make.

Although a solar panel system costs a decent chunk of money upfront, it can save you thousands of dollars over the lifespan of your panels. The question of how much, though, depends on a number of factors, such as the angle of your roof and incentives.

Solar Incentives in Lancaster

In order to increase the adoption of solar power, federal and local governments — and even some utility companies — offer incentives to help make switching to solar power more affordable and accessible. No matter what state you live in, you can take advantage of the federal Solar Investment Tax Credit (ITC), which lets you claim 26% of how much your solar project cost on your tax return, reducing the amount of taxes you owe that year. Additionally, there may be some state and city incentives you can benefit from too. You can learn about the incentives available to you in the table below.

Environmental Impact of Switching to Solar in Lancaster

If you're considering adding solar panels to your home, one of the principal reasons why may be to lower your carbon dioxide emissions. But how much can switching to solar actually affect the environment? Using solar energy for electricity instead of burning fossil fuels is a good way to reduce your carbon footprint if you're worried about Lancaster's sizable level of greenhouse gas emissions. Because solar panels don't release CO2 emissions into the atmosphere when generating electricity, they're a good swap for nonrenewable energy sources. In fact, you could reduce your carbon dioxide emissions by about 90 pounds each year. If you want to do what you can for the environment, you'll no doubt understand that there are many benefits of adopting solar power other than just saving money on bills. You can also help preserve the environment, which some would argue is priceless.