17 Best Solar Companies in Piqua, OH (2023 Reviews)

The Cost and Benefits of Solar in Piqua

The cost of putting up a solar panel system has decreased immensely over the past several years, but it's still a large investment for most homeowners. Some important factors that determine the cost of installing solar panels on your home and how much money you could save over time include:

• The amount of sunlight your house gets: Due to Piqua's high amount of average daily sunlight, you should be able to save a decent amount on your electricity bills.
• Your energy consumption: If your household needs to use a lot of energy, you'll reap more rewards from installing solar panels.
• Choice of solar panels: The kind of solar panels you choose 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 you don't need to maximize efficiency, you can opt for a higher number of more affordable panels.
• Incentives: The federal solar investment tax credit currently allows you to lower your taxes by 30% of the project cost. Your state may also have incentives and rebates that you can benefit from. Additionally, you can save about $15,000 over 20 years on your utility bills, not including incentives.

So is a solar system worth it? Whether you'd like to reduce your electricity costs, greenhouse gas emissions or both, solar panels are a good investment for many Piqua homeowners.

Solar Incentives in Piqua

Switching to solar power has many considerable benefits. Not only can it help preserve the planet, but you can also save a decent amount of money on your installation with various government incentives. When you install solar panels, you can claim the federal tax credit, or ITC. This credit currently lowers your tax bill by 30% of the cost of your solar panels. In addition, there may often be some regional incentives that you can benefit from to further cut back on the cost of solar of solar panels. Our article on solar incentives goes over more information on the incentives you can benefit from in Piqua.

Environmental Impact of Switching to Solar in Piqua

There are lots of reasons to trade traditional energy for solar energy, like saving some money on utility bills and helping to lower your carbon footprint. But you may be curious — how much exactly can you help by using solar power? The more energy you use, the better off the planet will be from you switching to solar as you won't need to burn as many fossil fuels. Even though solar panel manufacturing releases carbon dioxide emissions, the panels make up for it by greatly decreasing the amount of CO2 you would have been responsible for if you still used nonrenewable energy. In Piqua, you can reduce your carbon footprint by 90 pounds a year with solar panels. Since solar power is renewable and produces electricity without free from carbon dioxide emissions, adding solar panels to your home is one easy step you can take to help protect the environment.