18 Best Solar Companies in Richland, OH (Feb 2023 Review)

The Cost and Benefits of Solar in Richland

For most homeowners, whether or not to invest in solar panels comes down to the cost. Some important things that determine how much it will cost and how much you could save include:

• Whether or not your roof gets a lot of direct sunlight: This, along with how your roof is set up, affects affect how much energy your solar panels can generate.
• 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 $15,000 of savings over 20 years.
• How much energy costs for you: The average family in Richland shells out around $1,200 a year on power alone, so you could gain that much in savings.
• Choice of solar panels: The kind of solar panels you want will affect your total cost. High-efficiency monocrystalline panels will cost more upfront but can also lead to more savings over the lifetime of your system. If you don't need to maximize efficiency, you can go with a higher number of more affordable panels.

Because of the cost of solar panels being lower than before as well as several solar incentives, they are a sound investment for many homeowners.

Solar Incentives in Richland

Because solar power is more sustainable than traditional energy sources, there are some government incentives available to encourage its adoption. No matter what state you live in, you can take advantage of the federal Solar Investment Tax Credit (ITC), which allows you to claim 30% of your project costs when you file taxes, lowering the amount of taxes you owe that year. In addition, there may be some local incentives that stack with the ITC too. Our article on solar incentives has more detailed information on the incentives you can take advantage of in Richland.

Environmental Impact of Switching to Solar in Richland

There are tons of reasons to trade traditional energy for solar power, like saving some money on utility bills and helping to reduce your carbon footprint. You may be wondering — how much does making the switch help the environment anyway? In a city like Richland where energy use is rather high, switching to solar energy is a good idea for homeowners who care about the planet. If you go solar, your carbon dioxide emissions can be reduced by about 80 pounds each year. If you want to do your part for the environment, you'll no doubt find that there are many benefits of adopting solar energy other than just saving money on electricity. You can also help preserve the environment, which some would argue is priceless.