16 Best Solar Companies in Paris, OH (Mar 2023 Review)

The Cost and Benefits of Solar in Paris

Solar panels run off a free energy source — the sun — but before you can take advantage of this you first need to pay to set up your panels. Some key things that affect the upfront cost and potential savings over time include:

• Energy consumption: Installing solar panels may be too pricey an investment for homes that don't need too much energy a month.
• 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. Excluding incentives, you can save an average of $14,000 over the first 20 years with your solar system, too.
• Choice of solar panels: The kind of solar panels you buy 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 go with a higher number of more affordable panels.
• Your location: This affects how much sunlight your roof gets, which helps determine how many panels you need.

There are lots of good benefits of solar in spite of the initial cost of installation. It can help the environment and your wallet. Additionally, it can boost the value of your home, giving you even more benefits if you choose to sell your home later.

Solar Incentives in Paris

There are many reasons why you should switch to solar. One of them involves some government incentives that can save you money. These incentives mostly include cash rebates, tax credits and/or performance-based incentives. They can lower how much you pay for installing solar panels by 30%, upwards of 50% depending on your location. For detailed information about incentives for homeowners in Paris, visit our our article on solar incentives.

Environmental Impact of Switching to Solar in Paris

There are many reasons to switch to solar power, like saving on electricity bills and helping to reduce your carbon footprint. A question many people might be asking themselves is how much can they really help protect the environment by going solar anyway? The amount of energy you use is a key factor to keep in mind. The more power your household consumes, the greater your impact when you make the switch to solar power. Since solar panels don't release greenhouse gas emissions into the atmosphere when creating electricity, they're a good alternative to traditional energy sources. In fact, you could reduce your carbon dioxide emissions by about 90 pounds each year. If you want to do your part for the environment, you'll likely find that there are many benefits of adopting solar energy other than just saving money on bills. You can also help preserve the environment, which some would argue is more valuable.