14 Best Solar Companies in Mad River, OH (Mar 2023 Review)

The Cost and Benefits of Solar in Mad River

We get that for lots of homeowners, the decision to invest in solar highly depends on installation costs. A few key factors that influence how much it will cost to install solar panels on your home and how much money you could save over time are:

• The amount of sunlight your home gets: Because of Mad River's high amount of average daily sunlight, you should be able to save a decent amount on your electricity bills.
• Energy consumption: Installing solar panels may be a high-cost investment for households that don't consume a lot of energy per month.
• Choice of solar panels: The kind of solar panels you buy 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 you don't need to maximize efficiency, you can go with a higher number of more affordable panels.
• Incentives: One thing 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 on your power bills, which can lead to an average of $13,000 of savings over 20 years.

Although a solar panel system costs a good chunk of money upfront, it can save you thousands of dollars over time. The question of how much, though, depends on a number of factors, including the size of your house and incentives.

Solar Incentives in Mad River

Although solar power is typically a big investment, it can save you a significant amount of money in the long term because of smaller utility bills and government incentives. Local solar incentive programs vary by location and, sometimes, utility company. A lot of states offer rebates for home solar power systems, in addition to the federal solar tax credit. You can learn about the incentives you can take advantage of in our article on solar incentives

Environmental Impact of Switching to Solar in Mad River

One of the best reasons to use solar power is to reduce your reliance on nonrenewable energy sources like burning fossil fuels, which are harmful for the environment. You may be curious — how much do solar panels do for the environment anyway? One thing that can severely shape your carbon footprint is your commute time and how much you drive overall. If you switch to solar power and drive an electric car, you can significantly lower your carbon dioxide emissions by charging your car at home. Although solar panel production emits carbon dioxide, the panels make up for it by greatly reducing the amount of CO2 you would have been responsible for if you still used nonrenewable energy. In Mad River, you can reduce your carbon footprint by 90 pounds a year with solar panels. The perks of solar power are abundant — just like solar power is! That's why so many people have been happy with making the switch to solar.