18 Best Solar Companies in New Philadelphia, OH (2023 Reviews)

The Cost and Benefits of Solar in New Philadelphia

The cost of installing a solar panel system has decreased significantly in the past several years, but it's still a large investment for most homeowners. Some significant things that influence the upfront cost and potential savings over time include:

• System size and type: Some models are more costly than others, so the one you choose can raise or lower your initial investment. Plus, the more solar panels you need to get, the more it'll cost.
• Your energy consumption: If your home needs to use a lot of energy, you'll reap more rewards from installing solar panels.
• Incentives: Those who buy and install a solar energy system this year can save 30% of their installation costs by using the federal solar investment tax credit. You can also save about $17,000 on your utility bills over 20 years excluding incentives.
• How much you spend on energy: The typical household in New Philadelphia spends around $1,400 a year on home energy use alone, so you could end up with that much in savings.

So is buying solar panels worth it? Whether you're trying to reduce your electricity costs, carbon emissions or both, solar panels are a solid investment for many New Philadelphia homeowners.

Solar Incentives in New Philadelphia

Although a solar power system is typically a large investment, it can save you a considerable amount of money over the lifespan of your solar panels due to reduced power bills and government incentives. You qualify for the federal solar investment tax credit (ITC) for the tax year you turn on your a solar panel system. You can also potentially stack the ITC with other state and city incentives. Our article on solar incentives goes over more detailed information on the incentives you can take advantage of in New Philadelphia.

Environmental Impact of Switching to Solar in New Philadelphia

There are a few primary reasons why many people want to invest in solar energy: for the financial and environmental benefits. Something many might be wondering about is how much can they really help save the environment by switching to solar power anyway? If your family consumes lots of energy, you can impact the environment even more by switching to solar energy. In fact, if you adopt solar power, you could reduce your carbon dioxide emissions by about 80 pounds each year. As you can see, trading traditional energy for solar has so many other benefits outside of saving money. One of the primary ones is that you can help save the planet too.