13 Best Solar Companies in Paulding, OH (2023 Reviews)

The Cost and Benefits of Solar in Paulding

For many homeowners, whether or not you should invest in solar energy comes down to the cost. The installation cost is just one important factor you should keep in mind when looking into getting solar panels. How much it'll cost and how much you can save depend on things such as:

• Your location: This influences how much sunlight your roof receives, which helps determine how many panels you need.
• Typical energy usage: The more electricity your household consumes on average and the greater your current electricity bills are, the more benefits you'll see from going solar.
• System size and type: Some models are more costly than others, so the one you want to get can raise or lower your initial investment. Plus, the more solar panels you need to get, the more it'll cost.
• Incentives: Along with the federal Solar Investment Tax Credit (ITC), which lets you receive a tax credit curretnly 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. Not including incentives, you can save an average of $15,000 over 20 years with your solar system, too.

Although a solar panel system costs a decent chunk of money upfront, it can save you a considerable amount over the lifespan of your panels. The question of how much, though, depends on several factors, such as the kind of solar panels you get and your current power bills.

Solar Incentives in Paulding

One of the great things about installing a solar panel system is receiving incentives from the government. No matter what state you live in, you can take advantage of the federal Solar Investment Tax Credit (ITC), which lets you claim 30% of how much you paid for your solar installation when you file taxes, lowering the amount of taxes you owe that year. In addition, there may be some state and city incentives that can save you some extra money too. You can learn about the incentives you can use in our article on solar incentives

Environmental Impact of Switching to Solar in Paulding

One reason so many homeowners consider installing solar panels is to help lower their environmental impact. But how much can installing solar panels actually affect the environment? If your household consumes a lot of energy, you can help the environment even more by switching to solar power. Though solar panel manufacturing releases carbon dioxide emissions, the panels make up for it by significantly decreasing the amount of CO2 you would have released if you still used nonrenewable energy. In Paulding, you can reduce your carbon footprint by 90 pounds a year with solar panels. If you want to do your part for the environment, you'll likely understand that there are many good things about adopting solar power other than just saving money on bills. You can also help preserve the environment, which some would argue is more valuable.