14 Best Solar Companies in Portsmouth, OH (Aug 2022 Review)

The Cost and Benefits of Solar in Portsmouth

Solar panels are powered by a free energy source — the sun — but before you can take advantage of this you first need to pay to install your panels. Some key things that impact the upfront cost and potential savings over time include:

• Incentives: One thing that can make your solar project cost less is the solar investment tax credit (ITC), which is a tax credit that lets you deduct from your taxes a percentage of the project cost. You can also save on your power bills, which can lead to an average of $14,000 of savings over 20 years.
• Whether or not your roof gets a lot of direct sunlight: This, along with how your roof is set up, affects affect how much electricity your solar panels can produce.
• The kind of solar panels you can afford: This depends on how much you're willing to invest upfront.
• Electricity consumption: The average home in Portsmouth uses a decent amount of, and therefore may save on their energy bills.

So is installing solar panels worth it? Whether you hope to reduce your electric bills, greenhouse gas emissions or both, solar panels are a worthwhile investment for many Portsmouth homeowners.

Solar Incentives in Portsmouth

Although installing solar panels is typically a big investment, it can save you a considerable amount of money over the lifespan of your solar panels because of reduced energy bills and government incentives. On top of the federal tax credit incentive, there are also some local benefits, which in the majority of cases, stack with the federal incentive, so you can save even more. Check out the table below to see what incentives you can benefit from.

Environmental Impact of Switching to Solar in Portsmouth

Making the switch to solar power is a great way to do your part for a more sustainable future. You may be curious — how much do solar panels help the planet anyway? The more power your family uses, the the more the environment will benefit when you switch to solar since you won't need to use as much nonrenewable energy. When you go solar, your carbon dioxide emissions can be lowered by about 90 pounds each year. If you want to do your part for the environment, you'll no doubt find that there are many advantages to adopting solar power other than just saving money on bills. You can also help protect the environment, which some would argue is more valuable.