15 Best Solar Companies in Northfield, OH (Jan 2023 Review)

The Cost and Benefits of Solar in Northfield

When deciding on a solar company, most homeowners or business owners think about the costs above all. The cost of solar and the savings it generates vary depending on a few important factors such as:

• 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 space isn't a constraint for your project, you can opt for a higher number of more affordable panels.
• How much electricity your home consumes: Households that consume plenty of power each month may need more solar panels and, therefore, be more expensive, but will also enjoy more savings over time.
• Incentives: Something that can reduce the cost of your solar project is the solar investment tax credit (ITC), which is a tax credit that lets you deduct from your taxes a percentage of the project cost. You can also save on your utility bills, which can give you an average of $13,000 of savings over 20 years.
• The cost of energy for you: If your local utility rates are quite high, there's a good chance you'll see a higher return on your investment in solar panels. In Northfield, you can save an average of $90 a month on your electricity bills.

There are many wonderful benefits of solar even with the initial cost of installation. It can help the planet and your bank account. Plus, it can boost the value of your home, resulting in even more benefits if you choose to sell your home later.

Solar Incentives in Northfield

One of the good things about installing a solar panel system is earning government incentives. State and city solar incentive programs depend on the location and, sometimes, utility company. A lot of states offer rebates for solar power systems, in addition to the federal solar tax credit. You can learn about the incentives you can take advantage of in our article on solar incentives

Environmental Impact of Switching to Solar in Northfield

There are many reasons to trade traditional energy for solar energy, like saving on utility bills and helping to lower your carbon footprint. But — how much exactly can you help the environment by making the switch to solar? In a city like Northfield where energy use is rather high, installing solar panels is a good idea for people who want to do their part for the environment. While making solar panels emits carbon dioxide, the panels make up for it by considerably decreasing the amount of CO2 you would have released if you still used nonrenewable energy. In Northfield, you can reduce your carbon footprint by 80 pounds a year with solar panels. As you can see, using solar power has so many other rewards beyond saving money. One of the major ones is that you can help save the Earth too.