18 Best Solar Companies in Newcomerstown, OH (Mar 2023 Review)

The Cost and Benefits of Solar in Newcomerstown

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. The installation cost is just one important factor you should bear in mind when looking into installing solar panels. How much it'll cost and how much you can save depend on things including:

• Incentives: Tax-paying citizens who install a solar energy system this year can save 30% of their solar installation costs by using the federal solar investment tax credit. You can also save about $17,000 on your utility bills over 20 years not including incentives.
• Average daily sunlight: Since Newcomerstown doesn't get a lot of average daily sunlight, your solar system may not be able to generate enough energy to power your whole home, which influences how much your electricity bills will be.
• Electricity consumption: The average home in Newcomerstown uses a decent amount of, and as a result may save on their energy bills.
• Your income and budget: This guides what model of solar panels you can purchase.

There are several great benefits of solar in spite of the initial cost of installation. It can help the Earth and your finances. Plus, it can increase the value of your home, leading to even more benefits if you want to sell your home later.

Solar Incentives in Newcomerstown

One of the good things about installing a solar panel system is receiving incentives from the government. When you install a solar panel system, you can claim the federal tax credit, or ITC. This credit currently lets you lower your tax bill by 30% of the cost of your solar panels. Additionally, there may often be some regional incentives that you can take advantage of to further save. Check out our article on solar incentives to see what incentives you can benefit from.

Environmental Impact of Switching to Solar in Newcomerstown

A lot of people want to do what they can to help save the planet, which in many cases is the main reason for installing solar panels. But how much can installing solar panels actually affect the environment? If your family uses lots of energy, you can impact the environment even more by switching to solar power. In fact, if you adopt solar power, you could lower your carbon dioxide emissions by about 80 pounds each year. For homeowners who are worried about the environment, the upfront cost of solar is a small price to pay for reducing your carbon footprint.