12 Best Solar Companies in Mentor, OH (Oct 2022 Review)

The Cost and Benefits of Solar in Mentor

When choosing a solar company, most homeowners or business owners worry about the costs the most. There are several factors you should consider when determining costs and your potential savings, such as:

• System size and type: Some models are more pricy than others, so the one you choose can raise or lower your upfront cost. Plus, the more solar panels you need, the more it'll cost.
• The amount of sunlight your house gets: Because of Mentor's relatively low amount of average daily sunlight, you might not see as many savings on your electric bills.
• Incentives: Those who buy and install a solar energy system this year can save 30% of their overall solar costs by using the federal solar investment tax credit. You can also save about $13,000 on your electricity bills over 20 years excluding incentives.
• How much energy your home consumes: Households that consume a lot of energy each month may call for more solar panels and, as a result, be more expensive, but will also enjoy more savings over time.

There are lots of great benefits of solar in spite of the initial cost of installation. It can help the environment and your bank account. Plus, it can boost the value of your home, giving you even more benefits if you choose to sell your home later.

Solar Incentives in Mentor

One of the benefits of installing a solar panel system is earning incentives from the government. Regardless of what state you live in, you can take advantage of the federal Solar Investment Tax Credit (ITC), which lets you claim 30% of your project costs on your tax return, reducing the amount of taxes you owe that year. Plus, there may be some local incentives that can save you some extra money too. You can learn about the incentives you can use in the table below.

Environmental Impact of Switching to Solar in Mentor

Switching to solar energy can have a positive effect on the environment. A question many might have in mind is how much can they really help protect the environment by going solar anyway? The more energy your house uses, the better off the planet will be if you switch to solar since you won't have to rely on traditional energy sources as much. Even though solar panel manufacturing emits carbon dioxide, the panels make up for it by considerably decreasing the amount of CO2 you would have produced if you still used nonrenewable energy. In Mentor, you can reduce your carbon footprint by 80 pounds a year with solar panels. If you care about the environment, you'll no doubt recognize that there are many benefits of adopting solar power other than just saving money on bills. You can also help protect the environment, which some would argue is more valuable.