14 Best Solar Companies in Parkman, OH (Feb 2023 Review)

The Cost and Benefits of Solar in Parkman

Solar panels are powered by a free energy source — the sun — but to take advantage of this you first need to pay to install your system. A few important factors that affect how much it will cost to install solar panels on your home and how much money you could save over time are:

• The kind of solar panels you're planning on getting: More high-tech panels are more costly, so that will shape your budget for your solar project.
• Typical energy usage: The more electricity your household consumes on average and the higher your current electricity bills are, the more money you could save by making the switch to solar.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which gives you a tax credit currently worth 30% of your total installation cost, your state or local government may offer additional tax exemptions, credits or rebates that can help you save even more. Aside from incentives, you can save an average of $13,000 over 20 years with your solar system, too.
• The cost of electricity in your area: If your local electricity rates are quite high, there's a good chance you'll see a higher return on your investment in a solar panel system. In Parkman, you can save an average of $89 a month on your electricity bills.

Solar is a rewarding investment for most homeowners. You can produce your own electricity instead of paying for it from a utility company and benefit from solar incentives and rebates, all while helping the environment.

Solar Incentives in Parkman

One of the great things about installing a solar panel system is receiving federal and potentially state incentives. Everyone can take advantage of the federal Solar Investment Tax Credit (ITC), which will let you claim 30% of how much you paid for your solar installation on your tax return, reducing the amount of taxes you owe that year. In addition, there may be some local incentives that can save you some extra money too. Our article on solar incentives goes over more detailed information on the incentives you can find in Parkman.

Environmental Impact of Switching to Solar in Parkman

Installing solar panels is a compelling way to do what you can for a more sustainable future. But how much can using solar energy instead of traditional energy actually affect the environment? In a city like Parkman where energy use is rather high, going solar is a fantastic idea for homeowners who are eco-conscious. In fact, if you make the switch to solar power, you could be looking at reducing your carbon dioxide emissions by about 80 pounds each year. Since solar energy is renewable and produces electricity without releasing carbon emissions, making the switch to solar power is one easy step you can take to help preserve the planet.