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

The Cost and Benefits of Solar in Marion

The cost of installing solar panels has dropped immensely in the past several years, but it's still a substantial investment for most homeowners. Some important things that affect the cost and possible savings include:

• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you receive a tax credit curretnly worth 30% of your total installation cost, your local government may offer additional tax exemptions, credits or rebates that will help you save even more. Excluding incentives, you can save an average of $14,000 over the first 20 years with your solar panels, too.
• Your home's orientation toward the sun: This, and how your roof is set up, affects affect how much energy your solar panels can make.
• Energy consumption: Installing solar panels may be a high-cost option for households that don't consume too much energy each month.
• Choice of solar panels: The type of solar panels you choose will affect your total cost. High-efficiency monocrystalline panels will cost more upfront but can also save you more money over the lifetime of your system. If you don't need to maximize efficiency, you can opt for a higher number of more affordable panels.

Solar is a rewarding investment for most homeowners. You can make your own electricity instead of paying for it from a utility company and benefit from solar incentives and rebates, all while helping preserve the Earth.

Solar Incentives in Marion

Since solar power is a cleaner source of energy than burning fossil fuels, there are various government incentives available to encourage its adoption. These incentives mostly take the form of cash rebates, tax credits and/or performance-based incentives. They can reduce the cost of going solar by 30%, upwards of 50% depending on where you live. For more information about incentives for homeowners in Marion, see our our article on solar incentives.

Environmental Impact of Switching to Solar in Marion

There are a few main reasons why homeowners are interested in solar energy: for the good of their bank accounts and the planet. But how much can installing solar panels actually affect the environment? In a city like Marion where energy use is rather high, switching to solar energy is a good plan for people who are worried about the state of the planet. Since solar panels don't release carbon dioxide emissions into the atmosphere when generating electricity, they're a good trade for traditional energy sources. In fact, you could lower your carbon dioxide emissions by about 80 pounds each year. Since solar power is abundant and makes electricity without releasing carbon emissions, installing solar panels is one easy step you can take to help preserve the planet.