17 Best Solar Companies in Newton Falls, OH (Oct 2022 Review)

The Cost and Benefits of Solar in Newton Falls

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

• The kind of solar panel system you have the money for: This hinges on how much you're willing to spend upfront.
• Your city: This influences how much sunlight your roof receives, which helps determine how many panels you need.
• How much power your household consumes: Homes that need lots of electricity each month may need more solar panels and, consequently, be more costly, but will also benefit more over time.
• 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 $13,000 over 20 years on your energy bills.

Though a solar panel system costs a decent chunk of money upfront, it can save you much more over time. The question of how much, though, depends on a number of factors, like the amount of daily direct sunlight available and your energy consumption.

Solar Incentives in Newton Falls

There are a lot of reasons why you should switch to solar. One of them involves some government incentives that can save you money. State and city solar incentives vary by location and, sometimes, utility company. A lot of states offer rebates for solar panels, in addition to the federal solar tax credit. In the table below, you can see the incentives you qualify for in your area.

Environmental Impact of Switching to Solar in Newton Falls

Installing solar panels can have a beneficial effect on the environment. Many homeowners might be wondering how much exactly they can impact the environment by switching to solar in Newton Falls, though. Regardless of your location, you can help protect the planet by switching to solar energy, but homes that consume lots of energy will have an even greater impact. In fact, if you adopt solar power, you could be looking at reducing your carbon dioxide emissions by about 80 pounds each year. As you can see, trading traditional energy for solar has so many other perks outside of saving money. One of the most important ones is that you can help save the environment too.