17 Best Solar Companies in Niles, OH (Mar 2023 Review)

The Cost and Benefits of Solar in Niles

For many people, the decision of which solar company to hire depends on costs. The installation cost is just one important factor you should consider when looking into installing solar panels. How much it'll cost and how much you can save depend on things such as:

• How much sunlight your roof gets: If your rooftop doesn't see much direct sunlight, your solar panel system won't be able to produce as much energy, which will give you lower savings on energy bills than a roof that gets a lot of sunlight.
• How much energy your household consumes: Households that use lots of energy each month may require more solar panels and, as a result, more upfront cost, but will also enjoy more savings over time.
• Choice of solar panels: The kind of solar panels you are interested in getting will affect your total cost. High-efficiency monocrystalline panels will cost more upfront but can also save you more money 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.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you deduct 30% of your overall installation cost, your 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 $13,000 over the first 20 years with your system, too.

Because of solar panels decreasing in cost as well as various solar incentives, they are a sound investment for many homeowners.

Solar Incentives in Niles

Although solar power is typically a $15,000 to $25,000 investment, it can save you much money in the long term because of lower power bills and government incentives. 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 pair the ITC with other local 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 Niles

One of the reasons so many are considering switching to solar power is to help lower their environmental impact. But you may be wondering — how much exactly can you help by going solar? The amount of energy you use is an important factor to consider. The more energy your household consumes, the bigger your impact when you go solar. Even though solar panel production emits carbon dioxide, the panels make up for it by greatly reducing the amount of CO2 you would have produced if you still used nonrenewable energy. In Niles, you can reduce your carbon footprint by 80 pounds a year with solar panels. As you can see, investing in solar has so many other rewards outside of saving money. One of the primary ones is that you can help save the planet too.