15 Best Solar Companies in Mantua, OH (Oct 2022 Review)

The Cost and Benefits of Solar in Mantua

When choosing a solar company, most homeowners or business owners worry about the costs the most. The cost of solar and the savings it generates vary depending on a few important factors such as:

• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you receive a tax credit curretnly worth 30% of your overall installation cost, your local government may offer additional tax exemptions, credits or rebates that will help you save even more. Aside from incentives, you can save an average of $13,000 over 20 years with your solar panels, too.
• The amount of sunlight your area gets: Because of Mantua's relatively low amount of average daily sunlight, you might not see as many savings on your energy bills.
• The type and model of solar panels you want to get: Some have higher prices, so that will influence your budget for your solar project.
• Electricity consumption: The average home in Mantua uses a decent amount of, and consequently may save on their energy bills.

Thanks to 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 Mantua

To increase the adoption of solar power, incentives are offered by the government — and even some utility companies — to help make solar more financially viable and accessible. You can qualify for the federal solar investment tax credit (ITC) for the tax year you turn on your a solar panel system. You can also potentially pair the ITC with other state and city incentives. You can learn about the incentives you can take advantage of in the table below.

Environmental Impact of Switching to Solar in Mantua

If you're thinking of adding solar panels to your home, one of the main reasons why may be to reduce your carbon footprint. But how much can installing solar panels actually help the environment? In a city like Mantua where energy use is rather high, installing solar panels is a fantastic idea for those who are worried about the state of the planet. In Mantua, the average household can reduce their carbon footprint by 80 pounds a year after going solar. For homeowners who are worried about the environment, the upfront cost of solar is a small price to pay for offsetting your carbon emissions.