18 Best Solar Companies in Oberlin, OH (Feb 2023 Review)

The Cost and Benefits of Solar in Oberlin

While solar panels can save you a good amount of money on energy bills over time, it's necessary to consider the upfront costs. The cost of solar and the savings it generates vary depending on some key factors such as:

• System size and type: Some models are more expensive than others, so the one you want can raise or lower your initial investment. Plus, the more solar panels you need, the more it'll cost.
• Incentives: One thing that can save you money on your solar project is the solar investment tax credit (ITC), which is a tax credit that's equal to a percentage of the project cost. You can also save money on your power bills, which can lead to an average of $16,000 of savings over 20 years.
• Electricity consumption: The average home in Oberlin uses a decent amount of, and consequently may save on their energy bills.
• Average daily sunlight: Since Oberlin gets a decent amount of average daily sunlight, your solar panels can generally produce enough energy to power your whole home, which influences how much your solar panels can save you on your electricity bills.

As a result of the cost of solar panels being lower than before as well as various solar incentives, they are a cost-effective investment for most homeowners.

Solar Incentives in Oberlin

Since solar power is a cleaner source of energy than traditional energy sources, there are various government incentives available to encourage people to make the switch. When you install solar panels on your house, you become eligible to claim the federal tax credit, or ITC. This credit currently reduces your tax bill by 30% of the cost of your solar panels. Additionally, there are often some regional incentives that you can benefit from to further cut back on the cost of solar of solar panels. For more information about local incentives, check out our our article on solar incentives.

Environmental Impact of Switching to Solar in Oberlin

There are a few important reasons why many people are considering solar energy: to help their wallet and the environment. But how much can using solar energy instead of traditional energy actually help the environment? If your household uses lots of energy, you can have an even greater impact on the planet by switching to solar power. Even though solar panel manufacturing emits carbon dioxide, the panels make up for it by greatly reducing the amount of CO2 you would have produced if you still used traditional energy. In Oberlin, you can reduce your carbon footprint by 90 pounds a year with solar panels. Since solar energy is plentiful and generates electricity without a carbon footprint, making the switch to solar power is one easy step you can take to help protect the environment.