15 Best Solar Companies in Lockland, OH (Mar 2023 Review)

The Cost and Benefits of Solar in Lockland

For a lot of homeowners, the decision to invest in a solar energy system boils down to the cost. 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 such as:

• Choice of solar panels: The kind of solar panels you get will affect your total cost. High-efficiency monocrystalline panels will cost more upfront but can also lead to more savings over the lifetime of your system. If space isn't a constraint for your project, you can go with a higher number of more affordable panels.
• How much electricity your household consumes: Homes that use plenty of power each month may require more solar panels and, as a result, more upfront cost, but will also save more on their energy bills over time.
• Incentives: Something that can save you money on your solar project is the solar investment tax credit (ITC), which is a tax credit that lets you deduct from your taxes a percentage of the project cost. You can also save a decent amount of money on your utility bills, which can give you an average of $12,000 of savings over 20 years.
• Your location: This affects how much sunlight your roof gets, which helps determine how many panels you need.

There are several great benefits of solar in spite of the upfront cost of installation. It can help the environment and your finances. Plus, it can raise the value of your home, leading to even more benefits if you want to sell your home later.

Solar Incentives in Lockland

In order to increase the number of homes and businesses that use solar power, federal, state and local governments — and even some utility companies — offer incentives to help make solar more economical and accessible. There are several federal, state and local rebates and tax credits that earn anywhere from 30% to 50% of your money in return after paying for a qualifying system. Check out our article on solar incentives to see what incentives are available to you.

Environmental Impact of Switching to Solar in Lockland

There are tons of reasons to trade traditional energy for solar power, like saving money on utility bills and helping to reduce your carbon footprint. But you may be wondering — how much exactly can you help the planet by making the switch to solar? Regardless of your location, you can help protect the planet by switching to solar energy, but homes that use lots of energy will have an even bigger impact. When you go solar, your carbon emissions can be cut by about 90 pounds every year. As you can see, using solar power has so many other rewards apart from saving money. One of the most important ones is that you can help save the environment too.