18 Best Solar Companies in Mount Healthy, OH (Oct 2022 Review)

The Cost and Benefits of Solar in Mount Healthy

While solar panels can save you a decent chunk of change on energy bills over time, it's necessary to take into consideration the upfront costs. There are quite a few factors you should take into consideration when trying to determine costs and your potential savings, such as:

• The type of solar panels you can afford: This hinges on what your budget is.
• Incentives: The federal solar investment tax credit currently lets you decrease your taxes by 30% of the project cost. Your state and even local utility companies may also have various incentives that you can take advantage of. Plus, you can save about $12,000 over 20 years on your utility bills, not including incentives.
• average energy usage: The more electricity your home uses on average and the higher your current electricity bills are, the more likely you'll benefit from going solar.
• The amount of sunlight your house gets: Due to Mount Healthy's high amount of average daily sunlight, you should be able to save a decent amount on your electricity bills.

Although a solar panel system costs a good 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 several factors, including the amount of daily direct sunlight available and your energy consumption.

Solar Incentives in Mount Healthy

Although installing solar panels is typically a $15,000 to $25,000 investment, it can save you a significant amount of money over time due to lower power bills and government incentives. These incentives typically consist of cash rebates, tax benefits and/or solar renewable energy credits. They can cut the cost of installing solar panels by 30%, upwards of 50% depending on where you live. Our article on solar incentives has more detailed information on the incentives you can take advantage of in Mount Healthy.

Environmental Impact of Switching to Solar in Mount Healthy

Making the switch to solar power is a great way to do what you can for a cleaner and more sustainable future. Something many people might have in mind is how much can they really help preserve the environment by switching to solar power anyway? Your energy usage is a significant factor to think about. The more energy your home uses, the bigger your impact when you go solar. Although making solar panels releases carbon dioxide emissions, the panels make up for it by considerably reducing the amount of CO2 you would have produced if you still used nonrenewable energy. In Mount Healthy, you can reduce your carbon footprint by 90 pounds a year with solar panels. If you want to do what you can for the environment, you'll most likely recognize that there are many benefits of adopting solar power other than just saving money on electricity. You can also help preserve the environment, which some would argue is invaluable.