15 Best Solar Companies in Mantua, OH (Feb 2023 Review)

The Cost and Benefits of Solar in Mantua

Although solar panels can help save you a decent chunk of change on power bills over time, it's important to take into consideration the startup costs. Some significant things that determine the upfront cost and potential savings over time include:

• How much energy costs for you: The typical family in Mantua pays around $1,100 a year on energy alone, so you could gain that much in savings.
• How much energy you use: If your family uses a lot of energy, you'll benefit more from switching to solar.
• 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.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you deduct 30% of your total 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 the first 20 years with your solar panels, too.

So is buying solar panels worth it? Whether you hope to reduce your electricity costs, carbon emissions or both, solar panels are a good investment for many Mantua 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 our article on solar incentives

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. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Mantua, though. The more power your household uses, the better off the planet will be if you switch to solar as you won't need to burn as many fossil fuels. If you go solar, your carbon dioxide emissions can be lowered by about 80 pounds a year. For homeowners who are worried about the environment, the upfront cost of solar is a small price to pay for offsetting your carbon emissions.