18 Best Solar Companies in Licking, OH (Feb 2023 Review)

The Cost and Benefits of Solar in Licking

We understand that for most homeowners, the choice to invest in solar comes down to installation costs. The installation cost is just one important factor you should bear in mind when looking into getting solar panels. How much it'll cost and how much you can save depend on things including:

• How much energy you use: If your household regularly uses a lot of energy, you'll reap more rewards from switching to solar.
• Your income and budget: This guides what kind of solar panels you can buy.
• Incentives: The federal solar investment tax credit, which everyone qualifies for, lets you deduct 30% of the cost of installing your solar panel system from your federal taxes. Additionally, not including incentives, you can save about $16,000 over 20 years on your energy bills.
• The amount of sunlight your roof gets: If your rooftop doesn't get a lot of direct sunlight, your solar panels won't be able to generate as much energy, which will leave you with lower savings on electric bills than a roof that gets plenty of sunlight.

Solar is a profitable investment for most homeowners. You can make your own power instead of paying for it from a utility company and make use of solar tax credits and rebates, all while helping the planet.

Solar Incentives in Licking

If you're thinking about switching to solar power, several government incentives and solar rebates can dramatically lower your project costs and expedite the return on your investment. There are a lot of federal, state and local rebates and tax credits that can earn you anywhere from 30% to 50% of your money back after buying a qualifying system. Check out our article on solar incentives to learn what incentives you can benefit from.

Environmental Impact of Switching to Solar in Licking

Installing solar panels can have a positive effect on the environment. You may be curious — how much do solar panels do for the planet anyway? No matter where you are, you can help protect the planet by switching to solar energy, but homes that use more energy will have a greater impact. Even though solar panel manufacturing emits carbon dioxide, the panels make up for it by greatly reducing the amount of CO2 you would have produced if you still used nonrenewable energy. In Licking, you can reduce your carbon footprint by 90 pounds a year with solar panels. As you can see, using solar power has so many other rewards outside of saving money. One of the main ones is that you can help save the planet too.