16 Best Solar Companies in Newberry, OH (Sep 2022 Review)

The Cost and Benefits of Solar in Newberry

We know that for many homeowners, the choice to invest in solar hinges on installation costs. The installation cost is just one important factor you should take into account when looking into getting solar panels. How much it'll cost and how much you can save depend on things including:

• Your income and budget: This shapes what kind of solar panels you can purchase.
• The amount of sunlight your roof gets: This, and the configuration of your roof, affects affect how much power your solar panels can generate.
• Energy consumption: Solar may be an expensive option for households that don't use a lot of energy per month.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you deduct 30% of your overall installation cost, your state or local government may offer additional tax exemptions, credits or rebates that can help you save even more. Not including incentives, you can save an average of $14,000 over the first 20 years with your solar system, too.

So is a solar system worth it? Whether you're trying to reduce your energy bills, greenhouse gas emissions or both, solar panels are a solid investment for many Newberry homeowners.

Solar Incentives in Newberry

One of the benefits of installing a solar panel system is earning federal and potentially state incentives. When you install solar panels on your house, you can claim the federal tax credit, or ITC. This credit currently lets you reduce your tax bill by 30% of the cost of your solar panels. Additionally, there are often some state and city incentives that you can benefit from to further save. Take a look at the table below to learn what incentives you can take advantage of.

Environmental Impact of Switching to Solar in Newberry

There are lots of reasons to switch to solar power, like saving on utility bills and helping to lower your carbon footprint. But you may be wondering — how much exactly can you help the planet by going solar? In Newberry, where the energy generation can be rather dirty, going solar can have a huge effect on the Earth since solar power has a lower carbon footprint. Because solar panels don't release CO2 emissions into the atmosphere when creating electricity, they're a good trade for nonrenewable energy sources. In fact, you could look forward to lowering your carbon dioxide emissions by about 90 pounds each year. If you care about the environment, you'll likely recognize that there are many benefits of adopting solar energy other than just saving money on electricity. You can also help protect the environment, which some would argue is worth more.