16 Best Solar Companies in Muskingum, OH (Jan 2023 Review)

The Cost and Benefits of Solar in Muskingum

When picking a solar company, most homeowners or business owners think about the costs the most. There are quite a few factors you should take into consideration when trying to figure out the overall cost and how much you can save, including:

• How much you spend on energy: The typical household in Muskingum shells out around $1,400 a year on power alone, so you could gain that much in savings.
• Choice of solar panels: The kind of solar panels you buy will affect your total cost. High-efficiency monocrystalline panels are more expensive upfront but can also lead to more savings 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.
• The amount of sunlight your roof gets: If your rooftop doesn't see much direct sunlight, your solar system won't be able to make as much energy, which will leave you with lower savings on electricity bills than a roof that gets lots of sunlight.
• Incentives: The federal solar investment tax credit, which everyone in the U.S. is eligible for, lets you deduct 30% of the cost of your solar system installation from your taxes. Additionally, not including incentives, you can save about $17,000 over 20 years on your energy bills.

Although a solar panel system costs a sizable chunk of money upfront, it can save you much more in the long term. The question of how much, though, depends on a number of factors, including the size of your house and your energy consumption.

Solar Incentives in Muskingum

If you're thinking about making the switch to solar power, a number of government incentives and tax credits can drastically lower the installation costs and speed up the return on your investment. You are eligible for the federal solar investment tax credit (ITC) for the tax year you turn on your a solar system. You can also possibly stack the ITC with other state and city rebates and benefits. In our article on solar incentives, you can find out about the incentives you qualify for in your area.

Environmental Impact of Switching to Solar in Muskingum

Lots of people want to do their part to help the environment, which often is the primary motivation to install solar panels. But — how much exactly can you help by using solar power? The more power you use, the better off the planet will be if you switch to solar since you won't need to use as much nonrenewable energy. In Muskingum, the average person can lower their carbon footprint by 90 pounds a year after going solar. As you can see, trading traditional energy for solar has so many other benefits beyond saving money. One of the most important ones is that you can help save the environment too.