15 Best Solar Companies in Morgan, OH (Mar 2023 Review)

The Cost and Benefits of Solar in Morgan

The cost of installing solar panels has gone down immensely over the past few years, but it's still a substantial investment for most homeowners. Some important things that affect the upfront cost and potential savings over time include:

• average energy usage: The more energy your home uses on average and the greater your current energy bills are, the more money you could save by going solar.
• How much energy costs for you: The average household in Morgan spends around $1,300 a year on power alone, so you could gain that much in savings.
• Incentives: The federal solar investment tax credit currently allows you to reduce your taxes by 30% of the project cost. Your state and city may also have incentives and rebates that you can take advantage of. Additionally, you can save about $16,000 over 20 years on your utility bills, without incentives.
• Choice of solar panels: The kind of solar panels you want 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 space isn't a constraint for your project, you can opt for a higher number of more affordable panels.

Solar is a fruitful investment for most homeowners. You can make your own power instead of paying for it from the grid and take advantage of solar tax credits and rebates, all while helping protect the environment.

Solar Incentives in Morgan

If you're planning on switching to solar energy, several government incentives and state programs can greatly bring down the cost of the project and speed up the return on your investment. State and city solar incentive programs depend on the location and, sometimes, utility company. A lot of states offer rebates for solar power systems, in addition to the federal solar tax credit. You can find out about the incentives you can use in our article on solar incentives

Environmental Impact of Switching to Solar in Morgan

If you're thinking of adding solar panels to your home, one of the primary reasons why may be to lower your carbon dioxide emissions. But — how much exactly can you help the planet by using solar power? The more energy your family uses, the the more the environment will benefit when you switch to solar as you won't need to burn as many fossil fuels. Though solar panel manufacturing emits carbon dioxide, the panels make up for it by greatly reducing the amount of CO2 you would have released if you still used traditional energy. In Morgan, you can reduce your carbon footprint by 90 pounds a year with solar panels. As you can see, going solar has so many other perks besides saving money. One of the main ones is that you can help save the planet too.