15 Best Solar Companies in Middletown, OH (Aug 2022 Review)

The Cost and Benefits of Solar in Middletown

We understand that for most homeowners, the choice to invest in solar depends on installation costs. The cost of solar and the savings it generates vary depending on a few important factors such as:

• The type of solar panels you want to get: Higher-efficiency panels are more highly priced, so that will influence your budget for your solar project.
• Average daily sunlight: Since Middletown gets a decent amount of average daily sunlight, your solar panels can generally produce enough energy to power your whole home, which affects how much you can save on your energy bills.
• Incentives: The federal solar investment tax credit, which everyone in the U.S. is eligible for, allows you to deduct 26% of the cost of your solar system installation from your federal taxes. Additionally, not including incentives, you can save about $13,000 over 20 years on your energy bills.
• How much energy your household consumes: Homes that need a lot of power each month may call for more solar panels and, as a result, be more expensive, but will also enjoy more savings over time.

As a result of solar panels now being cheaper than ever as well as several solar incentives, they are a sound investment for the majority of homeowners.

Solar Incentives in Middletown

Although installing solar panels is typically a large investment, it can save you a significant amount of money in the long term because of lower energy bills and government incentives. You are eligible 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 local incentives. You can find out about the incentives available to you in the table below.

Environmental Impact of Switching to Solar in Middletown

Many want to do their part for the environment, which in many cases is the main motivation to install solar panels. But — how much exactly can you help the planet by making the switch to solar? In a city like Middletown where energy use is rather high, installing solar panels is a good idea for people who want to do their part for the environment. Since solar panels don't release greenhouse gas emissions into the atmosphere when generating electricity, they're a good swap for nonrenewable energy sources. In fact, you could expect to reduce your carbon dioxide emissions by about 90 pounds each year. As you can see, investing in solar has so many other rewards outside of saving money. One of the main ones is that you can help save the Earth too.