17 Best Solar Companies in Moorefield, OH (Mar 2023 Review)

The Cost and Benefits of Solar in Moorefield

For a lot of homeowners, whether or not to invest in solar panels boils down to the cost. There are quite a few factors you should take into consideration when trying to figure out costs and your potential savings, including:

• Incentives: The federal solar investment tax credit currently lets you reduce your taxes by 30% of the project cost. Your state and even local utility companies may also have incentives and rebates that you can use. Additionally, you can save about $14,000 over 20 years on your utility bills, not including incentives.
• Average daily sunlight: Since Moorefield gets a decent amount of average daily sunlight, your solar panels can generally generate enough energy to power your whole home, which affects how much you can save on your energy bills.
• How much power your household needs: If your family needs to use a lot of energy, you'll benefit more from switching to solar.
• Choice of solar panels: The kind of solar panels you get will affect your total cost. High-efficiency monocrystalline panels are more expensive 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.

Even though a solar panel system costs a sizable chunk of money upfront, it can save you thousands of dollars over the lifespan of your panels. The question of how much, though, depends on a number of factors, such as the angle of your roof and incentives.

Solar Incentives in Moorefield

Adopting solar power has plenty of wonderful benefits. Not only can it help protect the planet, but you can also save a decent amount of money on your installation with various government incentives. You are eligible for the federal solar investment tax credit (ITC) for the tax year you turn on your solar panels. You can also possibly stack the ITC with other state and city rebates and benefits. For detailed information about incentives for homeowners in Moorefield, visit our our article on solar incentives.

Environmental Impact of Switching to Solar in Moorefield

If you're planning on adding solar panels to your home, one of the principal reasons why may be to reduce your reliance on nonrenewable energy. But — how much exactly can you help the environment by using solar power? If your household uses lots of energy, you can have an even greater impact on the planet by switching to solar energy. Because solar panels don't release CO2 emissions into the atmosphere when generating electricity, they're a good trade for traditional energy sources. In fact, you could expect to reduce your carbon dioxide emissions by about 90 pounds each year. For people who are worried about the environment, the upfront cost of solar is a small price to pay for offsetting your carbon emissions.