18 Best Solar Companies in Mogadore, OH (Feb 2023 Review)

The Cost and Benefits of Solar in Mogadore

The cost of installing solar panels has dropped immensely in the past several years, but it's still a large investment for most homeowners. The installation cost is just one important factor you should bear in mind when looking into installing solar panels. How much it'll cost and how much you can save depend on things including:

• The model of solar panels you want: Higher-efficiency panels are more expensive, so that will determine your budget for your solar project.
• Incentives: The federal solar investment tax credit, which can save you some money, allows you to deduct 30% of the cost of your solar system installation from your taxes. In addition, not including incentives, you can save about $13,000 over 20 years on your energy bills.
• Electricity consumption: The average household in Mogadore uses a decent amount of, and therefore may save on their energy bills.
• Your current energy bills: Solar panels can significantly decrease, or totally eliminate, your utility bills. In Mogadore, you can save an average of $88 a month.

There are many wonderful benefits of solar in spite of the upfront cost of installation. It can help the Earth and your wallet. Additionally, it can raise the value of your home, leading to even more benefits if you choose to sell your home later.

Solar Incentives in Mogadore

Although a solar power system is typically a $15,000 to $25,000 investment, it can save you a significant amount of money over many years due to reduced power bills and government incentives. These incentives normally consist of cash rebates, tax breaks and/or performance-based incentives. They can lower the cost of installing solar panels by 30%, upwards of 50% in some cases. For more information about local incentives, visit our our article on solar incentives.

Environmental Impact of Switching to Solar in Mogadore

There are tons of reasons to trade traditional energy for solar energy, like saving on electricity bills and helping to reduce your carbon footprint. But — how much exactly can you help the planet by using solar power? A significant thing to be mindful of is your overall carbon footprint. For example, if your commute is very long, your footprint may be bigger, so adopting solar energy for your house can help offset that. Even though making solar panels emits carbon dioxide, the panels make up for it by significantly lowering the amount of CO2 you would have released if you still used traditional energy. In Mogadore, you can reduce your carbon footprint by 80 pounds a year with solar panels. Since solar energy is abundant and makes electricity without free from carbon dioxide emissions, installing solar panels is one easy step you can take to help preserve the planet.